Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.039%

Price spread now: Variational Omni against dYdX−0.137%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.137% cheaper against dYdX than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX CHZ-USD	0.01591	0	get 0.0000% / 1h	16m 43s	$2K	$5	5x
Short	Variational Omni CHZ	0.01589	0.0100	get 0.0100% / 8h	1h 16m	$4K	$4K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against dYdX. 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 dYdXbpFee Variational OmnibpOrdersPrice spread, now −0.137%Rate

Funding earned: $21
Price spread: −0.137% → 0.000%: −$13.74
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.74
Costs to cover: 0.100%
Break-even: 7.9 days

Slippage unknown: dYdX: no order-book sample; Variational Omni: 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 dYdX no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

dYdX and Variational Omni: 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-USDlong	0.0000%	1h	0.01591	long leg	$2K	$5	5x
Kraken Futures PF_CHZUSD	+0.0002%	1h	0.01592	+0.030%	$78K	$46K	25x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−1.099%	$1K	$7	5.5x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01592	+0.043%	$21K	$6K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01593	+0.071%	$6.8M	$11.8M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01590	−0.094%	$4.0M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01593	+0.095%	$1.6M	$3.1M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01592	+0.032%	$311K	$310K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01593	+0.095%	$4.3M	$910K	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01593	+0.095%	$684K	$134K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01592	+0.032%	$3.8M	$770K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01593	+0.095%	—	$2.4M	—	as long as short
Variational Omni CHZshort	+0.0100%	8h	0.01589	−0.137%	$4K	$4K	—
ApeX Omni CHZUSDT	+0.0100%	1h	0.01593	+0.095%	$45K	$669K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01592	+0.032%	$298	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01591	−0.031%	$53K	$84K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01592	+0.052%	$2K	$273K	10x	as long as short
BloFin CHZ-USDT	+0.0122%	8h	0.01591	−0.031%	$324K	$27K	75x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0362% / S −0.0019%	1h	0.01591	+0.001%	$8K	—	50x	as long as short