Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against OKX+0.063%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$770.771% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.008%+$1 · spread now +0.063%, 7d avg −0.052%

Together, before fees+0.071%+$7 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: BingX is 0.115% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CHZ-USDT-SWAP	0.01589	0.0100	pay 0.0100% / 8h	1h 01m	$1.5M	$3.0M	50x
Short	BingX CHZ-USDT	0.01590	0.0100	get 0.0100% / 8h	1h 01m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → −0.052%: $11.48
Slippage, 4 orders: −$57.07
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$65.58
Costs to cover: 0.771%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; BingX: live order book, 3 min ago.

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 OKX live order book, 1 min ago	3.15 bp	21.6 bp −$22	78.7 bp −$787	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	9.43 bp	19.6 bp −$20	37.0 bp −$370	178.3 bp −$17.8K	912.2 bp −$456.1K

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
Kraken Futures PF_CHZUSD	−0.0001%	1h	0.01590	+0.088%	$70K	$74K	25x	as long as short
dYdX CHZ-USD	0.0000%	1h	0.01594	+0.295%	$3K	$653	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−0.944%	$1K	$7	5.5x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01590	+0.091%	$20K	$24K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01590	+0.092%	$6.8M	$12.5M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01587	−0.126%	$4.1M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAPlong	+0.0100%	8h	0.01589	long leg	$1.5M	$3.0M	50x
Gate CHZ_USDT	+0.0100%	8h	0.01590	+0.063%	$324K	$346K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01590	+0.063%	$4.3M	$1.0M	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01590	+0.063%	$749K	$165K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01591	+0.126%	$3.8M	$739K	75x	as long as short
BingX CHZ-USDTshort	+0.0100%	8h	0.01590	+0.063%	—	$2.4M	—
Variational Omni CHZ	+0.0100%	8h	0.01593	+0.234%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01596	+0.441%	$47K	$673K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01590	+0.063%	$290	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01590	+0.063%	$52K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01590	+0.039%	$4K	$286K	10x	as long as short
BloFin CHZ-USDT	+0.0104%	8h	0.01593	+0.252%	$328K	$26K	75x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0295% / S −0.0095%	1h	0.01589	0.000%	$6K	—	50x	as long as short