Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h +0.306%

Price spread now: Aster against GMX+0.057%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.057% dearer against GMX than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CHZ/USD [ETH-USDC]	0.01586	L +0.0313% / S −0.0119%	pay 0.0039% / 1h	2m 17s	$6K	—	50x
Short	Aster CHZUSDT	0.01587	0.0100	get 0.0100% / 8h	7h 02m	$20K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$44.67
Price spread: +0.057% → 0.000%: $5.67
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$59
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aster: 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 GMX no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

GMX and Aster: 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-USD	0.0000%	1h	0.01587	+0.049%	$3K	$653	5x	as long as short
Kraken Futures PF_CHZUSD	+0.0021%	1h	0.01587	+0.085%	$70K	$73K	25x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−0.763%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0075%	8h	0.01588	+0.120%	$330K	$25K	75x	as long as short
Aster CHZUSDTshort	+0.0100%	8h	0.01587	+0.057%	$20K	$24K	10x
Binance CHZUSDT	+0.0100%	8h	0.01587	+0.057%	$6.8M	$12.3M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01584	−0.132%	$4.1M	$1.3M	75x	as long as short
OKX CHZ-USDT-SWAP	+0.0100%	8h	0.01587	+0.057%	$1.6M	$2.9M	50x	as long as short
Gate CHZ_USDT	+0.0100%	8h	0.01588	+0.120%	$323K	$334K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01586	−0.006%	$4.6M	$1.1M	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHZUSDTM	+0.0100%	8h	0.01587	+0.057%	$763K	$169K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01587	+0.057%	$3.8M	$736K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01587	+0.057%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01585	−0.054%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01589	+0.183%	$46K	$674K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01587	+0.057%	$299	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01585	−0.069%	$52K	$53K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01587	+0.046%	$3K	$282K	10x	as long as short
GMX CHZ/USD [ETH-USDC]long	L +0.0313% / S −0.0119%	1h	0.01586	long leg	$6K	—	50x