Funding arb · Price arb /

CHZ

all CHZ markets

Swap Backtest

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: KuCoin against OKX−0.063%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$144as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1471.474% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.063%, 7d avg +0.026%

Together, before fees+0.067%+$7 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: KuCoin is 0.090% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.026%.

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	2h 26m	$1.5M	$3.1M	50x
Short	KuCoin CHZUSDTM	0.01579	0.0100	get 0.0100% / 8h	2h 26m	$712K	$153K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0
Price spread: −0.063% → +0.026%: −$8.96
Slippage, 4 orders: −$125.41
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$156.37
Costs to cover: 1.474%
Break-even: never at this rate

Slippage from OKX: live order book, just now; KuCoin: live order book, 43 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, just now	3.17 bp	16.3 bp −$16	71.8 bp −$718	doesn't fit	doesn't fit
Sell KuCoin live order book, 43 min ago	3.13 bp	56.5 bp −$57	115.9 bp −$1,159	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
Kraken Futures PF_CHZUSD	−0.0180%	1h	0.01579	−0.038%	$70K	$69K	25x	as long as short
dYdX CHZ-USD	0.0000%	1h	0.01580	+0.023%	$3K	$652	5x	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	+0.0088%	8h	0.01580	0.000%	$327K	$26K	75x	as long as short
Aster CHZUSDT	+0.0100%	8h	0.01580	−0.016%	$21K	$22K	10x	as long as short
Binance CHZUSDT	+0.0100%	8h	0.01580	0.000%	$6.8M	$12.7M	75x	as long as short
Bybit CHZUSDT	+0.0100%	8h	0.01578	−0.127%	$4.0M	$1.4M	75x	as long as short
OKX CHZ-USDT-SWAPlong	+0.0100%	8h	0.01580	long leg	$1.5M	$3.1M	50x
Gate CHZ_USDT	+0.0100%	8h	0.01580	0.000%	$322K	$346K	50x	as long as short
MEXC CHZ_USDT	+0.0100%	8h	0.01579	−0.063%	$4.3M	$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 CHZUSDTMshort	+0.0100%	8h	0.01579	−0.063%	$712K	$153K	50x
Bitget CHZUSDT	+0.0100%	8h	0.01579	−0.063%	$3.8M	$788K	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	0.01581	+0.079%	$4K	$4K	—	as long as short
ApeX Omni CHZUSDT	+0.0100%	1h	0.01587	+0.443%	$45K	$674K	50x	as long as short
SoDEX CHZ-USD	+0.0100%	1h	0.01579	−0.063%	$289	$6K	5x	as long as short
HTX CHZ-USDT	+0.0100%	8h	0.01581	+0.063%	$52K	$83K	20x	as long as short
Extended CHZ-USD	+0.0104%	1h	0.01579	−0.034%	$4K	$279K	10x	as long as short
GMX CHZ/USD [ETH-USDC]	L +0.0281% / S −0.0078%	1h	0.01580	+0.019%	$6K	—	50x	as long as short