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+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against BloFin+0.063%110s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1471.468% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.063%, 7d avg +0.007%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHZ-USDT0.015800.0088pay 0.0088% / 8h2h 25m$327K$26K75x
ShortKuCoin CHZUSDTM0.015810.0100get 0.0100% / 8h2h 25m$706K$156K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$2.47
Price spread: +0.063% → +0.007%
$5.66
Slippage, 4 orders
−$122.79
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$138.66
Costs to cover
1.468%
Break-even
400.6 days
Slippage from BloFin: live order book, 46 min ago; KuCoin: live order book, 44 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, 46 min ago3.12 bp13.9 bp −$1416.2 bp −$162195.6 bp −$19.6Kdoesn't fit
Sell KuCoin live order book, 44 min ago3.13 bp56.5 bp −$57115.9 bp −$1,159doesn'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
Kraken Futures PF_CHZUSD−0.0180%1h0.01579−0.094%$70K$69K25xas long as short
dYdX CHZ-USD0.0000%1h0.01579−0.071%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.380%$1K$75.5xas long as short
BloFin CHZ-USDTlong+0.0088%8h0.01580long leg$327K$26K75x
Aster CHZUSDT+0.0100%8h0.01581+0.083%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01582+0.127%$6.8M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01579−0.063%$4.0M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01582+0.127%$1.5M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.015800.000%$321K$346K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01582+0.127%$4.3M$1.0M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTMshort+0.0100%8h0.01581+0.063%$706K$156K50x
Bitget CHZUSDT+0.0100%8h0.01582+0.127%$3.8M$788K75xas long as short
BingX CHZ-USDT+0.0100%8h0.015800.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01575−0.301%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01581+0.063%$45K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01578−0.127%$291$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01578−0.127%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01581+0.037%$4K$279K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0281% / S −0.0078%1h0.01582+0.114%$6K50xas long as short