Settings8H · net · $10k
Funding arb · Price arb /

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.063%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2012.010% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.063%, 7d avg −0.120%
Together, before fees−0.114%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CHZUSDTM0.015930.0100pay 0.0100% / 8h1h 45m$684K$135K50x
ShortBybit CHZUSDT0.015920.0100get 0.0100% / 8h1h 45m$4.0M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.063% → −0.120%
$5.77
Slippage, 4 orders
−$177.95
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$195.18
Costs to cover
2.010%
Break-even
never at this rate
Slippage from KuCoin: live order book, 28 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 28 min ago9.43 bp66.2 bp −$66146.7 bp −$1,467doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.15 bp27.1 bp −$27203.6 bp −$2,036doesn't fitdoesn't fit

CHZ on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX CHZ-USD0.0000%1h0.01593+0.022%$2K$55xas long as short
Kraken Futures PF_CHZUSD+0.0002%1h0.01596+0.217%$78K$47K25xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.193%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0095%8h0.01594+0.063%$325K$27K75xas long as short
Aster CHZUSDT+0.0100%8h0.01594+0.040%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01594+0.063%$6.8M$11.8M75xas long as short
Bybit CHZUSDTshort+0.0100%8h0.01592−0.063%$4.0M$1.3M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.015930.000%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01592−0.063%$312K$306K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01594+0.063%$4.4M$898K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTMlong+0.0100%8h0.01593long leg$684K$135K50x
Bitget CHZUSDT+0.0100%8h0.015930.000%$3.8M$767K75xas long as short
BingX CHZ-USDT+0.0100%8h0.015930.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01590−0.166%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01595+0.126%$45K$669K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01594+0.063%$298$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591−0.126%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01594+0.043%$2K$273K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0349% / S +0.0009%1h0.01593+0.006%$8K50xas long as short