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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni−0.186%112s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1631.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.186%, 7d avg −0.016%
Together, before fees+0.144%+$14 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: KuCoin is 0.170% cheaper against ApeX Omni than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHZUSDT0.016090.0100pay 0.0013% / 1h15m 41s$45K$674K50x
ShortKuCoin CHZUSDTM0.016060.0100get 0.0100% / 8h3h 15m$722K$154K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.186% → −0.016%
−$17.04
Slippage, 4 orders
−$141.19
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$180.23
Costs to cover
1.632%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 38 min ago; KuCoin: live order book, 59 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, 38 min ago12.43 bp21.1 bp −$21125.5 bp −$1,255doesn't fitdoesn't fit
Sell KuCoin live order book, 59 min ago6.25 bp54.5 bp −$54117.0 bp −$1,170doesn'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%1h0.01608−0.079%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.175%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01607−0.151%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01606−0.186%$6.9M$12.6M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01604−0.311%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01608−0.062%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01607−0.124%$327K$347K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01607−0.124%$4.2M$947K200xas long as short
KuCoin CHZUSDTMshort+0.0100%8h0.01606−0.186%$722K$154K50x
Bitget CHZUSDT+0.0100%8h0.01608−0.062%$3.8M$795K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01607−0.124%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01603−0.359%$4K$4Kas long as short
ApeX Omni CHZUSDTlong+0.0100%1h0.01609long leg$45K$674K50x
SoDEX CHZ-USD+0.0100%1h0.01607−0.124%$287$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01606−0.186%$53K$82K20xas long as short
BloFin CHZ-USDT+0.0103%8h0.01610+0.062%$331K$27K75xas long as short
Extended CHZ-USD+0.0104%1h0.01607−0.154%$5K$272K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0276% / S −0.0068%1h0.01606−0.168%$6K50xas long as short
Kraken Futures PF_CHZUSD+0.0549%1h0.01606−0.165%$71K$68K25xas long as short