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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin+0.187%65s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1541.539% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.187%, 7d avg −0.006%
Together, before fees−0.175%−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.193% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CHZUSDTM0.016070.0100pay 0.0100% / 8h3h 16m$722K$154K50x
ShortBloFin CHZ-USDT0.016100.0103get 0.0103% / 8h3h 16m$331K$27K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$0.6
Price spread: +0.187% → −0.006%
$19.26
Slippage, 4 orders
−$129.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$134.05
Costs to cover
1.539%
Break-even
1572.7 days
Slippage from KuCoin: live order book, 58 min ago; BloFin: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 58 min ago6.25 bp66.8 bp −$67140.7 bp −$1,407doesn't fitdoesn't fit
Sell BloFin live order book, 66 min ago6.25 bp15.1 bp −$1522.2 bp −$222108.2 bp −$10.8Kdoesn't fit

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%1h0.01608+0.045%$3K$6525xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−2.054%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01607−0.007%$21K$22K10xas long as short
Binance CHZUSDT+0.0100%8h0.016070.000%$6.9M$12.7M75xas long as short
Bybit CHZUSDT+0.0100%8h0.01604−0.187%$4.1M$1.4M75xas long as short
OKX CHZ-USDT-SWAP+0.0100%8h0.016070.000%$1.6M$3.2M50xas long as short
Gate CHZ_USDT+0.0100%8h0.016070.000%$327K$347K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.016070.000%$4.2M$947K200xas long as short
KuCoin CHZUSDTMlong+0.0100%8h0.01607long leg$722K$154K50x
Bitget CHZUSDT+0.0100%8h0.01608+0.062%$3.8M$797K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.016070.000%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01604−0.173%$4K$4Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.01609+0.124%$45K$674K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.016070.000%$287$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01606−0.062%$53K$82K20xas long as short
BloFin CHZ-USDTshort+0.0103%8h0.01610+0.187%$331K$27K75x
Extended CHZ-USD+0.0104%1h0.01607−0.028%$5K$279K10xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0276% / S −0.0068%1h0.01606−0.044%$6K50xas long as short
Kraken Futures PF_CHZUSD+0.0549%1h0.01606−0.041%$71K$68K25xas long as short