Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget−0.063%7-day average +0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$218as in the Price arb table

costs, in and out, $10k−$2032.034% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.063%, 7d avg +0.081%

Together, before fees+0.148%+$15 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 0.144% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CHZUSDT	0.01598	0.0100	pay 0.0100% / 8h	4h 16m	$3.8M	$795K	75x
Short	KuCoin CHZUSDTM	0.01597	0.0100	get 0.0100% / 8h	4h 16m	$719K	$154K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0
Price spread: −0.063% → +0.081%: −$14.36
Slippage, 4 orders: −$179.4
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$217.76
Costs to cover: 2.034%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 67 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	3.13 bp	24.6 bp −$25	38.3 bp −$383	doesn't fit	doesn't fit
Sell KuCoin live order book, 67 min ago	12.41 bp	80.4 bp −$80	143.7 bp −$1,437	doesn't fit	doesn't fit

CHZ on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX CHZ-USD	0.0000%	1h	0.01597	−0.050%	$3K	$652	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.502%	$1K	$7	5.5x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0086% / S +0.0268%	1h	0.01600	+0.156%	$3K	—	50x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01598	+0.008%	$21K	$22K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01601	+0.211%	$6.9M	$12.7M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01596	−0.125%	$4.1M	$1.4M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01601	+0.188%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01598	0.000%	$322K	$343K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01601	+0.188%	$4.2M	$948K	200x	as long as short
KuCoin CHZUSDTMshort	+0.0100%	8h	0.01597	−0.063%	$719K	$154K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDTlong	+0.0100%	8h	0.01598	long leg	$3.8M	$795K	75x
BingX CHZ-USDT	+0.0100%	8h	0.01598	0.000%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01595	−0.175%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01598	0.000%	$45K	$673K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01601	+0.188%	$290	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01595	−0.188%	$53K	$82K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01601	+0.183%	$2K	$357K	10x	as long as short
BloFin CHZ-USDT	+0.0118%	8h	0.01601	+0.188%	$330K	$26K	75x	as long as short
Kraken Futures PF_CHZUSD	+0.0365%	1h	0.01602	+0.259%	$72K	$67K	25x	as long as short