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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.164%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.164%, 7d avg +0.079%
Together, before fees−0.053%+ Points / potential airdropExtended: Active · farm board−$5 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: Extended is 0.086% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHZUSDT0.015940.0100pay 0.0100% / 8h23m 42s$4.0M$1.4M75x
ShortExtended CHZ-USD0.015970.0104get 0.0013% / 1h23m 42s$2K$273K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.164% → +0.079%
$8.56
Slippage, 4 orders
−$91.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$98.48
Costs to cover
1.079%
Break-even
827.7 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 54 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, 4 min ago3.13 bp35.1 bp −$35120.8 bp −$1,208doesn't fitdoesn't fit
Sell Extended live order book, 54 min ago6.91 bp20.0 bp −$2094.4 bp −$944doesn'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
dYdX CHZ-USD−0.0949%1h0.01598+0.265%$2K$55xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−1.255%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01596+0.125%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01597+0.169%$6.8M$12.0M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01594long leg$4.0M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01596+0.125%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01597+0.188%$313K$313K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01598+0.251%$4.4M$917K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01596+0.125%$682K$139K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01595+0.063%$3.8M$778K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01597+0.188%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01597+0.208%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01602+0.502%$45K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01597+0.188%$298$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01598+0.251%$53K$84K20xas long as short
Extended CHZ-USDshort+0.0104%1h0.01597+0.164%$2K$273K10x
BloFin CHZ-USDT+0.0113%8h0.01599+0.314%$327K$27K75xas long as short
Kraken Futures PF_CHZUSD+0.0382%1h0.01597+0.161%$77K$51K25xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0391% / S −0.0073%1h0.01597+0.220%$8K50xas long as short