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

CHZ

all CHZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.252%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2232.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.252%, 7d avg −0.117%
Together, before fees+0.063%+$6 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: Bybit is 0.135% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.117%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CHZUSDTM0.015880.0100pay 0.0100% / 8h52m 27s$748K$164K50x
ShortBybit CHZUSDT0.015840.0100get 0.0100% / 8h52m 27s$4.1M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
Price spread: −0.252% → −0.117%
−$13.52
Slippage, 4 orders
−$200.1
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$236.62
Costs to cover
2.231%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 5 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, 2 min ago9.44 bp93.9 bp −$94192.1 bp −$1,921doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago3.16 bp33.7 bp −$34146.4 bp −$1,464doesn't fitdoesn'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%1h0.01588−0.009%$3K$6535xas long as short
Injective CHZ/USDC PERP+0.0033%1h0.01574−0.882%$1K$75.5xas long as short
Aster CHZUSDT+0.0100%8h0.01587−0.088%$20K$24K10xas long as short
Binance CHZUSDT+0.0100%8h0.01587−0.038%$6.8M$12.6M75xas long as short
Bybit CHZUSDTshort+0.0100%8h0.01584−0.252%$4.1M$1.3M75x
OKX CHZ-USDT-SWAP+0.0100%8h0.01587−0.063%$1.6M$3.0M50xas long as short
Gate CHZ_USDT+0.0100%8h0.01587−0.063%$322K$334K50xas long as short
MEXC CHZ_USDT+0.0100%8h0.01587−0.063%$4.3M$983K200xas long as short
KuCoin CHZUSDTMlong+0.0100%8h0.01588long leg$748K$164K50x
Bitget CHZUSDT+0.0100%8h0.01587−0.063%$3.8M$745K75xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CHZ-USDT+0.0100%8h0.01587−0.063%$2.4Mas long as short
Variational Omni CHZ+0.0100%8h0.01581−0.428%$3K$5Kas long as short
ApeX Omni CHZUSDT+0.0100%1h0.015880.000%$46K$672K50xas long as short
SoDEX CHZ-USD+0.0100%1h0.01587−0.063%$294$6K5xas long as short
HTX CHZ-USDT+0.0100%8h0.01591+0.189%$52K$83K20xas long as short
Extended CHZ-USD+0.0104%1h0.01587−0.075%$4K$283K10xas long as short
BloFin CHZ-USDT+0.0105%8h0.01593+0.315%$329K$26K75xas long as short
Kraken Futures PF_CHZUSD+0.0145%1h0.01586−0.097%$70K$77K25xas long as short
GMX CHZ/USD [ETH-USDC]L +0.0296% / S −0.0097%1h0.01587−0.038%$6K50xas long as short