Funding you earn now, next payment 08:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h +0.096%
Price spread now: Binance against ApeX Omni+0.235%49s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days+0.446%+$45 on $10k
+Price spread, last 4 days (all we have)−1.080%−$108 · spread now +0.235%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.248% dearer against ApeX Omni than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04768 | −0.0292 | get 0.0036% / 1h | 14m 36s | $17K | $247K | 50x |
| Short | Binance CHIPUSDT | 0.04779 | 0.0100 | get 0.0050% / 4h | 14m 36s | $14.3M | $26.8M | 50x |
ApeX Omni CHIPUSDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.29
- Price spread: +0.235% → −0.013%
- $24.82
- Slippage, 4 orders
- −$69.98
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $17.13
- Costs to cover
- 0.900%
- Break-even
- 5.5 days
Slippage from ApeX Omni: live order book, 22 min ago; Binance: live order book, 12 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 ApeX Omni live order book, 22 min ago | 8.41 bp | 17.3 bp −$17 | 127.7 bp −$1,277 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.05 bp | 31.1 bp −$31 | 99.0 bp −$990 | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04775 | +0.147% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0292% | 1h | 0.04768 | long leg | $17K | $247K | 50x | |
| OKX CHIP-USDT-SWAP | −0.0144% | 4h | 0.04777 | +0.189% | $2.2M | $9.5M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0090% | 4h | 0.04782 | +0.294% | $10.9M | $9.0M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0082% | 4h | 0.04782 | +0.294% | $996K | $1.1M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0009% | 1h | 0.04773 | +0.115% | $87 | $36K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04786 | +0.369% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | +0.0012% | 1h | 0.04779 | +0.231% | $242K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04784 | +0.336% | $99K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04792 | +0.499% | $14.8M | $5.9M | 3x | as long as short |
Phoenix CHIP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04784 | +0.330% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04785 | +0.365% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDTshort | +0.0100% | 4h | 0.04779 | +0.235% | $14.3M | $26.8M | 50x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04781 | +0.273% | $680K | $977K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04780 | +0.252% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04781 | +0.273% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04778 | +0.210% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04782 | +0.299% | $921K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04780 | +0.252% | $725 | $1.0M | 10x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0101% | 1h | 0.04786 | +0.378% | $26K | $214K | 5x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04778 | +0.207% | $220K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0111% | 4h | 0.04772 | +0.084% | $573K | $100K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.495% | $46K | $37K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Backpack CHIP_USDC_PERP
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX