Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h +0.248%

Price spread now: OKX 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 OKX

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—needs both histories

The price spread pays, funding is against you. OKX 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 −$7 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]	0.01570	L +0.0323% / S −0.0134%	pay 0.0040% / 1h	47m 31s	$6K	—	50x
Short	OKX CHZ-USDT-SWAP	0.01571	0.0100	get 0.0100% / 8h	5h 47m	$1.5M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$46.78
Price spread: +0.057% → 0.000%: $5.73
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$63.05
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; OKX: live order book, 3 min ago. 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 OKX live order book, 3 min ago	3.19 bp	15.5 bp −$16	59.3 bp −$593	doesn't fit	doesn'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 exchanges

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	0.01572	+0.096%	$3K	$653	5x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	+0.248%	$1K	$7	5.5x	as long as short
Bybit CHZUSDT	+0.0041%	8h	0.01568	−0.134%	$4.0M	$1.1M	75x	as long as short
BloFin CHZ-USDT	+0.0074%	8h	0.01569	−0.070%	$331K	$18K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01571	+0.032%	$19K	$26K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01571	+0.032%	$6.8M	$11.6M	75x	as long as short
OKX CHZ-USDT-SWAPshort	+0.0100%	8h	0.01571	+0.057%	$1.5M	$2.7M	50x
Gate CHZ_USDT	+0.0100%	8h	0.01570	−0.006%	$320K	$213K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01570	−0.006%	$4.6M	$984K	200x	as long as short
KuCoin CHZUSDTM	+0.0100%	8h	0.01570	−0.006%	$684K	$182K	50x	as long as short

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CHZUSDT	+0.0100%	8h	0.01570	−0.006%	$3.8M	$760K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01570	−0.006%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01567	−0.191%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01572	+0.121%	$47K	$672K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01570	−0.006%	$312	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01572	+0.121%	$52K	$17K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01570	+0.003%	$2K	$286K	10x	as long as short
GMX CHZ/USD [ETH-USDC]long	L +0.0323% / S −0.0134%	1h	0.01570	long leg	$6K	—	50x
Kraken Futures PF_CHZUSD	+0.0350%	1h	0.01570	+0.019%	$70K	$76K	25x	as long as short