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

CHZ

all CHZ markets
SwapBacktest
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: Bybit against GMX−0.384%191s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.384% cheaper against GMX than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 191 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX CHZ/USD [ETH-USDC]0.01588L +0.0313% / S −0.0119%pay 0.0039% / 1h58m 12s$6K50x
ShortBybit CHZUSDT0.015820.0100get 0.0100% / 8h6h 58m$4.1M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$44.74
Price spread: −0.384% → 0.000%
−$38.41
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$106.15
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Bybit live order book, 4 min ago6.31 bp32.7 bp −$33143.0 bp −$1,430doesn't fitdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX CHZ-USD0.0000%1h0.01587−0.077%$3K$6535xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.888%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01587−0.088%$20K$24K10xas long as short
Binance CHZUSDT+0.0100%8h0.01586−0.117%$6.8M$12.2M75xas long as short
Bybit CHZUSDTshort+0.0100%8h0.01582−0.384%$4.1M$1.3M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01585−0.195%$1.6M$2.9M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01587−0.069%$322K$221K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01587−0.069%$4.6M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01585−0.195%$762K$169K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01587−0.069%$3.8M$730K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01586−0.132%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01584−0.245%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01587−0.069%$46K$673K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01586−0.132%$306$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01584−0.258%$52K$47K20xas long as short
Extended CHZ-USD+0.0104%1h0.01586−0.136%$3K$282K10xas long as short
BloFin CHZ-USDT+0.0125%8h0.01590+0.120%$329K$25K75xas long as short
Kraken Futures PF_CHZUSD+0.0299%1h0.01585−0.166%$70K$71K25xas long as short
GMX CHZ/USD [ETH-USDC]longL +0.0313% / S −0.0119%1h0.01588long leg$6K50x