Funding you earn now, next payment 04:00 UTC+0.0398%/8h= +43.6% APRpaid last 24h +0.077%
Price spread now: BingX against ApeX Omni−0.337%68s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$780.784% of the position
Funding, last 7 days+0.445%+$45 on $10k
+Price spread, last 4 days (all we have)+0.371%+$37 · spread now −0.337%, 7d avg +0.005%
=Funding pays, the price is against you. BingX is 0.342% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.337% now, against its 7-day average of +0.005%). If the spread goes back, that is −$34 on $10k: about 2.9 days of funding at the current rate (+$12 a day). The two prices were read 68 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 | 0.04746 | −0.0298 | get 0.0037% / 1h | 4m 21s | $16K | $244K | 50x |
| Short | BingX CHIP-USDT | 0.04730 | 0.0100 | get 0.0050% / 4h | 4m 21s | — | $2.0M | — |
ApeX Omni CHIPUSDT
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $83.6
- Price spread: −0.337% → +0.005%
- −$34.23
- Slippage, 4 orders
- −$58.43
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$29.07
- Costs to cover
- 0.784%
- Break-even
- 9.4 days
Slippage from ApeX Omni: live order book, 52 min ago; BingX: live order book, 4 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, 52 min ago | 7.41 bp | 17.1 bp −$17 | 123.7 bp −$1,237 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.21 bp | 23.0 bp −$23 | 80.5 bp −$805 | 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 | −0.0510% | 1h | 0.04746 | 0.000% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0320% | 4h | 0.04727 | −0.400% | $2.0M | $9.7M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0318% | 1h | 0.04732 | −0.295% | $34K | $251K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0298% | 1h | 0.04746 | long leg | $16K | $244K | 50x | |
| Bybit CHIPUSDT | −0.0258% | 4h | 0.04733 | −0.274% | $10.9M | $9.0M | 20x | as long as short |
| Nado CHIP-PERP | −0.0120% | 1h | 0.04729 | −0.369% | $239K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0018% | 4h | 0.04734 | −0.255% | $56K | $279K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04735 | −0.236% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDT | +0.0034% | 4h | 0.04720 | −0.548% | $565K | $65K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0078% | 4h | 0.04729 | −0.358% | $1.8M | $1.2M | 50x | as long as short |
Phoenix CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Nado CHIP-PERP
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | +0.0080% | 1h | 0.04728 | −0.387% | $215K | $1.9M | 5x | as long as short |
| Binance CHIPUSDT | +0.0080% | 4h | 0.04730 | −0.346% | $14.3M | $27.0M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04735 | −0.232% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04738 | −0.162% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04730 | −0.346% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04728 | −0.379% | $685K | $989K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04733 | −0.274% | $983K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04732 | −0.295% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04730 | −0.337% | — | $2.0M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04723 | −0.491% | $839K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04720 | −0.548% | $856 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0160% | 1h | 0.04747 | +0.025% | $100 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04740 | −0.124% | $45K | $41K | 50x | as long as short |
Extended CHIP-USD
Binance CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX