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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against ApeX Omni−0.125%60s7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.761% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 3 days (all we have)+0.090%+$9 · spread now −0.125%, 7d avg −0.047%
Together, before fees+0.029%+$3 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: OKX is 0.079% cheaper against ApeX Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHZUSDT0.015940.0100pay 0.0013% / 1h46m 31s$45K$670K50x
ShortOKX CHZ-USDT-SWAP0.015920.0100get 0.0100% / 8h1h 46m$1.6M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.125% → −0.047%
−$7.86
Slippage, 4 orders
−$56.11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$83.97
Costs to cover
0.761%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 37 min ago; OKX: 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, 37 min ago12.54 bp21.6 bp −$22143.6 bp −$1,436doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago3.14 bp15.2 bp −$1584.4 bp −$844doesn'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%1h0.01593−0.040%$2K$55xas long as short
Kraken Futures PF_CHZUSD+0.0002%1h0.01594+0.006%$78K$47K25xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.255%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0095%8h0.01595+0.063%$325K$27K75xas long as short
Aster CHZUSDT+0.0100%8h0.01594−0.018%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01594−0.029%$6.8M$11.8M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01591−0.188%$4.0M$1.3M75xas long as short
OKX CHZ-USDT-SWAPshort+0.0100%8h0.01592−0.125%$1.6M$3.1M50x
Gate CHZ_USDT+0.0100%8h0.01592−0.125%$312K$306K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01593−0.063%$4.4M$898K200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01593−0.063%$684K$135K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01592−0.125%$3.8M$767K75xas long as short
BingX CHZ-USDT+0.0100%8h0.015940.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01590−0.259%$4K$4Kas long as short
ApeX Omni CHZUSDTlong+0.0100%1h0.01594long leg$45K$670K50x
SoDEX CHZ-USD+0.0100%1h0.01593−0.063%$294$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591−0.188%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01593−0.074%$2K$273K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0349% / S +0.0009%1h0.01593−0.044%$8K50xas long as short