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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Bybit+0.377%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1081.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.364%−$36 · spread now +0.377%, 7d avg +0.133%
Together, before fees−0.314%−$31 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: ApeX Omni is 0.245% dearer against Bybit than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.015900.0100pay 0.0100% / 8h1h 47m$4.0M$1.3M75x
ShortApeX Omni CHZUSDT0.015960.0100get 0.0013% / 1h47m 05s$47K$675K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$0
Price spread: +0.377% → +0.133%
$24.49
Slippage, 4 orders
−$87.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.98
Costs to cover
1.085%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; ApeX Omni: live order book, 61 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 Bybit live order book, 1 min ago3.14 bp37.5 bp −$37148.2 bp −$1,482doesn't fitdoesn't fit
Sell ApeX Omni live order book, 61 min ago12.49 bp22.2 bp −$22126.8 bp −$1,268doesn'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−0.0001%1h0.01593+0.205%$70K$73K25xas long as short
dYdX CHZ-USD0.0000%1h0.01595+0.305%$3K$6475xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.006%$1K$75.5xas long as short
BloFin CHZ-USDT+0.0086%8h0.01593+0.189%$328K$26K75xas long as short
Aster CHZUSDT+0.0100%8h0.01593+0.193%$21K$23K10xas long as short
Binance CHZUSDT+0.0100%8h0.01593+0.196%$6.8M$12.4M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01590long leg$4.0M$1.3M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01593+0.189%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01594+0.252%$326K$343K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01593+0.189%$4.3M$1.0M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01592+0.126%$748K$162K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01593+0.189%$3.8M$747K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01593+0.189%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01593+0.204%$3K$5Kas long as short
ApeX Omni CHZUSDTshort+0.0100%1h0.01596+0.377%$47K$675K50x
SoDEX CHZ-USD+0.0100%1h0.01593+0.189%$301$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591+0.063%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01593+0.162%$6K$279K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0288% / S −0.0086%1h0.01593+0.164%$6K50xas long as short