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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.125%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.125%, 7d avg +0.079%
Together, before fees−0.110%−$11 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: OKX is 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 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% / 8h1h 06m$4.0M$1.4M75x
ShortOKX CHZ-USDT-SWAP0.015960.0100get 0.0100% / 8h1h 06m$1.6M$3.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.125% → +0.079%
$4.67
Slippage, 4 orders
−$58.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$74.52
Costs to cover
0.792%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 min ago; OKX: live order book, 1 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, 7 min ago3.14 bp29.6 bp −$30131.2 bp −$1,312doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago3.13 bp17.3 bp −$1773.4 bp −$734doesn'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-USD0.0000%1h0.01595+0.049%$2K$55xas long as short
Kraken Futures PF_CHZUSD+0.0002%1h0.01596+0.143%$78K$49K25xas 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+0.106%$21K$6K10xas long as short
Binance CHZUSDT+0.0100%8h0.01596+0.125%$6.8M$11.9M75xas long as short
Bybit CHZUSDTlong+0.0100%8h0.01594long leg$4.0M$1.4M75x
OKX CHZ-USDT-SWAPshort+0.0100%8h0.01596+0.125%$1.6M$3.2M50x
Gate CHZ_USDT+0.0100%8h0.015940.000%$312K$312K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01595+0.063%$4.4M$922K200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01595+0.063%$689K$135K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01595+0.063%$3.8M$774K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01595+0.063%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01589−0.296%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01597+0.188%$45K$670K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01596+0.125%$300$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591−0.188%$53K$84K20xas long as short
Extended CHZ-USD+0.0104%1h0.01596+0.105%$2K$273K10xas long as short
BloFin CHZ-USDT+0.0110%8h0.01599+0.314%$326K$27K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0368% / S −0.0029%1h0.01596+0.132%$8K50xas long as short