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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0051%/8h= −5.5% APRpaid last 24h +0.045%
Price spread now: Kraken Futures against OKX+0.046%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.047%−$105 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.046% dearer against OKX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−1.047% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CHZ-USDT-SWAP0.016140.0100pay 0.0100% / 8h7h 25m$1.6M$3.2M50x
ShortKraken Futures PF_CHZUSD0.016150.0049get 0.0006% / 1h25m 13s$77K$53K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$10.64
Price spread: +0.046% → 0.000%
$4.57
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$26.07
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago3.10 bp17.9 bp −$1882.5 bp −$825doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX CHZ-USD−0.0979%1h0.01614−0.008%$2K$55xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.478%$1K$75.5xas long as short
Kraken Futures PF_CHZUSDshort+0.0049%1h0.01615+0.046%$77K$53K25x
Aster CHZUSDT+0.0100%8h0.01614+0.011%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01614+0.024%$6.9M$12.1M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01612−0.124%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAPlong+0.0100%8h0.01614long leg$1.6M$3.2M50x
Gate CHZ_USDT+0.0100%8h0.01613−0.062%$328K$324K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.016140.000%$4.5M$924K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01613−0.062%$721K$151K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01613−0.062%$3.9M$790K75xas long as short
BingX CHZ-USDT+0.0100%8h0.016140.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01610−0.233%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01609−0.310%$45K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01615+0.062%$289$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01613−0.062%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01614−0.016%$2K$366K10xas long as short
BloFin CHZ-USDT+0.0113%8h0.01615+0.062%$330K$28K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0425% / S −0.0135%1h0.01615+0.056%$8K50xas long as short