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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.04 per $10,000 · paid last 24h +0.048%
Price spread now: Kraken Futures against Injective+1.459%63s7-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
The price spread pays, funding is against you. Kraken Futures is 1.459% dearer against Injective than usual: you sell high and buy low (spread +1.459% now, against zero (this spread has no 7-day history yet)): +$146 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 63 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% / 1h54m 00s$1K$75.5x
ShortKraken Futures PF_CHZUSD0.01597−0.0001pay 0.0000% / 1h54m 00s$70K$73K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$7.11
Price spread: +1.459% → 0.000%
$145.91
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$128.78
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures no order-book sample
Injective and Kraken Futures: 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_CHZUSDshort−0.0001%1h0.01597+1.459%$70K$73K25x
dYdX CHZ-USD0.0000%1h0.01597+1.443%$3K$6475xas long as short
Injective CHZ/USDC PERPlong+0.0033%1h0.01574long leg$1K$75.5x
Aster CHZUSDT+0.0100%8h0.01596+1.385%$21K$23K10xas long as short
Binance CHZUSDT+0.0100%8h0.01596+1.386%$6.8M$12.4M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01593+1.207%$4.1M$1.3M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.01595+1.334%$1.6M$3.1M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01597+1.461%$325K$342K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01595+1.334%$4.3M$1.0M200xas long as short
KuCoin CHZUSDTM+0.0100%8h0.01594+1.271%$749K$162K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CHZUSDT+0.0100%8h0.01596+1.398%$3.8M$747K75xas long as short
BingX CHZ-USDT+0.0100%8h0.01595+1.334%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01594+1.285%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01599+1.588%$47K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01596+1.398%$307$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01592+1.144%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01595+1.359%$6K$284K10xas long as short
BloFin CHZ-USDT+0.0116%8h0.01599+1.588%$329K$26K75xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0287% / S −0.0084%1h0.01595+1.341%$6K50xas long as short