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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against ApeX Omni−0.252%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1171.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.252%, 7d avg −0.130%
Together, before fees+0.134%+$13 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 0.122% cheaper against ApeX Omni than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHZUSDT0.015870.0100pay 0.0013% / 1h31m 32s$45K$675K50x
ShortBybit CHZUSDT0.015830.0100get 0.0100% / 8h2h 31m$4.0M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. 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: −0.252% → −0.130%
−$12.17
Slippage, 4 orders
−$96.47
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$129.64
Costs to cover
1.175%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 17 min ago; Bybit: live order book, 1 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 ApeX Omni live order book, 17 min ago12.49 bp19.8 bp −$20133.1 bp −$1,331doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.16 bp40.9 bp −$41150.4 bp −$1,504doesn'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
Kraken Futures PF_CHZUSD−0.0180%1h0.01585−0.149%$70K$69K25xas long as short
dYdX CHZ-USD0.0000%1h0.01586−0.047%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.819%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01586−0.068%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01585−0.121%$6.8M$12.7M75xas long as short
Bybit CHZUSDTshort+0.0100%8h0.01583−0.252%$4.0M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01584−0.189%$1.5M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01586−0.063%$322K$345K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01586−0.063%$4.4M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01585−0.126%$715K$153K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.015870.000%$3.8M$784K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01585−0.126%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01586−0.047%$4K$4Kas long as short
ApeX Omni CHZUSDTlong+0.0100%1h0.01587long leg$45K$675K50x
SoDEX CHZ-USD+0.0100%1h0.01585−0.126%$290$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01584−0.189%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01585−0.156%$4K$279K10xas long as short
BloFin CHZ-USDT+0.0129%8h0.01588+0.063%$330K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0281% / S −0.0077%1h0.01585−0.151%$6K50xas long as short