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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.18 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin−0.187%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$660.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.187%, 7d avg −0.042%
Together, before fees+0.224%+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.145% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHZ-USDT0.016000.0118pay 0.0118% / 8h4h 18m$330K$26K75x
ShortBingX CHZ-USDT0.015970.0100get 0.0100% / 8h4h 18m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$3.76
Price spread: −0.187% → −0.042%
−$14.53
Slippage, 4 orders
−$43.71
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$83.99
Costs to cover
0.657%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 15 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 BloFin live order book, 3 min ago6.25 bp17.6 bp −$1829.0 bp −$290207.1 bp −$20.7Kdoesn't fit
Sell BingX live order book, 15 min ago6.28 bp15.8 bp −$1628.3 bp −$283148.9 bp −$14.9K827.6 bp −$413.8K

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%1h0.01599−0.072%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.625%$1K$75.5xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0089% / S +0.0268%1h0.01598−0.144%$3K50xas long as short
Aster CHZUSDT+0.0100%8h0.01598−0.107%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01597−0.187%$6.8M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01594−0.375%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01596−0.250%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01598−0.125%$322K$342K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01598−0.125%$4.2M$948K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01597−0.187%$719K$154K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01595−0.313%$3.8M$795K75xas long as short
BingX CHZ-USDTshort+0.0100%8h0.01597−0.187%$2.4M
Variational Omni CHZ+0.0100%8h0.01595−0.300%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.016000.000%$45K$672K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01598−0.125%$294$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01599−0.062%$53K$82K20xas long as short
Extended CHZ-USD+0.0104%1h0.01598−0.117%$2K$357K10xas long as short
BloFin CHZ-USDTlong+0.0118%8h0.01600long leg$330K$26K75x
Kraken Futures PF_CHZUSD+0.0366%1h0.01598−0.116%$71K$67K25xas long as short