Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0181%/8h= +19.9% APRpaid last 24h −0.080%

Price spread now: GMX against BloFin+0.037%51s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CHZ-USDT	0.01608	0.0075	pay 0.0075% / 8h	5h 29m	$329K	$27K	75x
Short	GMX CHZ/USD [ETH-USDC]	0.01609	L +0.0487% / S −0.0257%	get 0.0032% / 1h	29m 39s	$8K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee BloFinbpFee GMXbpOrdersPrice spread, now +0.037%Rate

Funding earned: $38.07
Price spread: +0.037% → 0.000%: $3.73
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $17.8
Costs to cover: 0.240%
Break-even: 3.7 days

Slippage unknown: BloFin: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 2 min ago	3.11 bp	14.2 bp −$14	23.1 bp −$231	200.5 bp −$20.0K	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX CHZ-USD	0.0000%	1h	0.01606	−0.135%	$3K	$652	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−2.114%	$1K	$7	5.5x	as long as short
Kraken Futures PF_CHZUSD	+0.0067%	1h	0.01608	−0.025%	$73K	$63K	25x	as long as short
BloFin CHZ-USDTlong	+0.0075%	8h	0.01608	long leg	$329K	$27K	75x
Aster CHZUSDT	+0.0100%	8h	0.01609	+0.091%	$21K	$20K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01609	+0.064%	$6.9M	$12.7M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01607	−0.062%	$4.1M	$1.4M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01608	0.000%	$1.6M	$3.2M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01609	+0.062%	$324K	$337K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01609	+0.062%	$4.4M	$908K	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHZUSDTM	+0.0100%	8h	0.01608	0.000%	$723K	$155K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01608	0.000%	$3.8M	$811K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01609	+0.062%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01605	−0.176%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01608	0.000%	$45K	$671K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01608	0.000%	$278	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01606	−0.124%	$53K	$82K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01609	+0.042%	$4K	$359K	10x	as long as short
GMX CHZ/USD [ETH-USDC]short	L +0.0487% / S −0.0257%	1h	0.01609	+0.037%	$8K	—	50x