Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0282%/8h= +30.9% APRpaid last 24h +0.042%

Price spread now: Kraken Futures against KuCoin−0.017%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.097%−$110 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −1.097%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CHZUSDTM	0.01597	0.0100	pay 0.0100% / 8h	13m 11s	$682K	$139K	50x
Short	Kraken Futures PF_CHZUSD	0.01597	0.0382	get 0.0048% / 1h	13m 11s	$77K	$51K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now −0.017%Rate

Funding earned: $59.25
Price spread: −0.017% → 0.000%: −$1.74
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $35.51
Costs to cover: 0.220%
Break-even: 2.8 days

Slippage unknown: KuCoin: live order book, 50 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 50 min ago	9.38 bp	58.1 bp −$58	265.3 bp −$2,653	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CHZ on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX CHZ-USD	−0.0743%	1h	0.01598	+0.049%	$2K	$5	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.440%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0094%	8h	0.01597	0.000%	$325K	$27K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01597	0.000%	$21K	$6K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01597	0.000%	$6.8M	$12.0M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01595	−0.125%	$4.0M	$1.4M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01597	0.000%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01597	0.000%	$312K	$314K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01597	0.000%	$4.4M	$925K	200x	as long as short
KuCoin CHZUSDTMlong	+0.0100%	8h	0.01597	long leg	$682K	$139K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01596	−0.063%	$3.8M	$774K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01598	+0.063%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01595	−0.108%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01600	+0.188%	$45K	$671K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01597	0.000%	$295	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01595	−0.125%	$53K	$84K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01597	−0.019%	$2K	$273K	10x	as long as short
Kraken Futures PF_CHZUSDshort	+0.0382%	1h	0.01597	−0.017%	$77K	$51K	25x
GMX CHZ/USD [ETH-USDC]	L +0.0397% / S −0.0085%	1h	0.01597	+0.006%	$8K	—	50x	as long as short