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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.105%
Price spread now: GMX against Bitget−0.069%54s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GMX is 0.069% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHZUSDT0.015920.0100pay 0.0100% / 8h2h 09m$3.8M$765K75x
ShortGMX CHZ/USD [ETH-USDC]0.01591L +0.0344% / S +0.0019%pay 0.0002% / 1h9m 32s$8K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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
−$25.01
Price spread: −0.069% → 0.000%
−$6.91
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$55.92
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 8 min ago; GMX: 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 Bitget live order book, 8 min ago9.43 bp24.1 bp −$2456.2 bp −$562doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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-USD0.0000%1h0.01592−0.001%$2K$55xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.131%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01591−0.063%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01591−0.063%$6.8M$11.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01589−0.188%$4.0M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01590−0.126%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01589−0.188%$311K$308K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01590−0.126%$4.4M$900K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01591−0.063%$683K$136K50xas long as short
Bitget CHZUSDTlong+0.0100%8h0.01592long leg$3.8M$765K75x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01591−0.063%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01588−0.254%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01591−0.063%$45K$671K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01590−0.126%$291$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01588−0.251%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01590−0.121%$2K$273K10xas long as short
BloFin CHZ-USDT+0.0111%8h0.01593+0.063%$324K$27K75xas long as short
GMX CHZ/USD [ETH-USDC]shortL +0.0344% / S +0.0019%1h0.01591−0.069%$8K50x
Kraken Futures PF_CHZUSD+0.0587%1h0.01592+0.004%$79K$47K25xas long as short