Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX−0.190%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1071.066% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days+0.225%+$23 · spread now −0.190%, 7d avg −0.086%

Together, before fees+0.241%+$24 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 0.103% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CHZ-USDT-SWAP	0.01580	0.0100	pay 0.0100% / 8h	7h 34m	$1.6M	$3.0M	50x
Short	Bybit CHZUSDT	0.01577	0.0100	get 0.0100% / 8h	7h 34m	$4.0M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.190%Rate

Funding earned: $0
Price spread: −0.190% → −0.086%: −$10.34
Slippage, 4 orders: −$85.58
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$116.92
Costs to cover: 1.066%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 3 min ago.

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 OKX live order book, 3 min ago	3.16 bp	15.9 bp −$16	76.2 bp −$762	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	3.17 bp	27.4 bp −$27	271.9 bp −$2,719	doesn't fit	doesn't fit

CHZ on 19 venues

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	0.01582	+0.131%	$3K	$653	5x	as long as short
Kraken Futures PF_CHZUSD	+0.0021%	1h	0.01582	+0.110%	$69K	$77K	25x	as long as short
Injective CHZ/USDC PERP	+0.0033%	1h	0.01574	−0.380%	$1K	$7	5.5x	as long as short
BloFin CHZ-USDT	+0.0086%	8h	0.01583	+0.190%	$330K	$26K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01581	+0.086%	$20K	$25K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01581	+0.044%	$6.8M	$12.6M	75x	as long as short
Bybit CHZUSDTshort	+0.0100%	8h	0.01577	−0.190%	$4.0M	$1.4M	75x
OKX CHZ-USDT-SWAPlong	+0.0100%	8h	0.01580	long leg	$1.6M	$3.0M	50x
Gate CHZ_USDT	+0.0100%	8h	0.01581	+0.063%	$319K	$327K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01581	+0.063%	$4.4M	$1.0M	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHZUSDTM	+0.0100%	8h	0.01580	0.000%	$743K	$164K	50x	as long as short
Bitget CHZUSDT	+0.0100%	8h	0.01579	−0.063%	$3.8M	$746K	75x	as long as short
BingX CHZ-USDT	+0.0100%	8h	0.01580	0.000%	—	$2.4M	—	as long as short
Variational Omni CHZ	+0.0100%	8h	0.01579	−0.048%	$3K	$5K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01584	+0.253%	$46K	$675K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01582	+0.127%	$296	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01579	−0.063%	$52K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01581	+0.037%	$5K	$279K	10x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0308% / S −0.0112%	1h	0.01581	+0.095%	$6K	—	50x	as long as short