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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.042%
Price spread now: Bybit against Injective+1.080%98s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 1.080% dearer against Injective than usual: you sell high and buy low: +$108 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CHZ/USDC PERP0.015740.0033pay 0.0004% / 1h13m 38s$1K$75.5x
ShortBybit CHZUSDT0.015910.0100get 0.0100% / 8h2h 13m$4.0M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Injective. 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
$14
Price spread: +1.080% → 0.000%
$108.01
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$110.99
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Bybit live order book, 4 min ago3.15 bp26.6 bp −$27145.4 bp −$1,454doesn't fitdoesn't fit
Injective: 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
Kraken Futures PF_CHZUSD−0.0179%1h0.01592+1.175%$71K$69K25xas long as short
dYdX CHZ-USD0.0000%1h0.01592+1.127%$3K$6525xas long as short
Injective CHZ/USDC PERPlong+0.0033%1h0.01574long leg$1K$75.5x
BloFin CHZ-USDT+0.0078%8h0.01589+0.953%$326K$26K75xas long as short
Aster CHZUSDT+0.0100%8h0.01592+1.175%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.01593+1.207%$6.8M$12.7M75xas long as short
Bybit CHZUSDTshort+0.0100%8h0.01591+1.080%$4.0M$1.4M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01593+1.207%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01591+1.080%$324K$347K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01592+1.144%$4.4M$1.0M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHZUSDTM+0.0100%8h0.01590+1.017%$710K$156K50xas long as short
Bitget CHZUSDT+0.0100%8h0.01593+1.207%$3.8M$789K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01594+1.271%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01585+0.714%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01591+1.080%$45K$673K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01592+1.144%$302$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591+1.080%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01593+1.181%$2K$278K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0283% / S −0.0080%1h0.01591+1.093%$6K50xas long as short