Funding you earn now, next payment 06:00 UTC+0.0734%/8h= +80.4% APRpaid last 24h +0.086%
Price spread now: Bitget against ApeX Omni−1.173%73s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$850.851% of the position
Funding, last 7 days+0.455%+$46 on $10k
+Price spread, last 4 days (all we have)+1.194%+$119 · spread now −1.173%, 7d avg +0.056%
=Funding pays, the price is against you. Bitget is 1.229% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −1.173% now, against its 7-day average of +0.056%). If the spread goes back, that is −$123 on $10k: about 5.6 days of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.455% in total) that is about 19 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.455% in total (about 23.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04690 | −0.0634 | get 0.0079% / 1h | 32m 18s | $16K | $246K | 50x |
| Short | Bitget CHIPUSDT | 0.04635 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.9M | $3.4M | 50x |
ApeX Omni CHIPUSDT
Bitget CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $154.14
- Price spread: −1.173% → +0.056%
- −$122.87
- Slippage, 4 orders
- −$63.1
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$53.83
- Costs to cover
- 0.851%
- Break-even
- 9.4 days
Slippage from ApeX Omni: live order book, 14 min ago; Bitget: live order book, just now.
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, 14 min ago | 8.60 bp | 17.1 bp −$17 | 128.7 bp −$1,287 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 8.63 bp | 20.7 bp −$21 | 66.9 bp −$669 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTlong | −0.0634% | 1h | 0.04690 | long leg | $16K | $246K | 50x | |
| Bybit CHIPUSDT | −0.0483% | 4h | 0.04640 | −1.066% | $10.5M | $9.1M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0375% | 1h | 0.04639 | −1.094% | $9K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0284% | 4h | 0.04638 | −1.109% | $2.0M | $9.5M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04672 | −0.384% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0080% | 1h | 0.04639 | −1.087% | $235K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0018% | 4h | 0.04638 | −1.109% | $975K | $1.2M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0071% | 4h | 0.04633 | −1.215% | $555K | $64K | 50x | as long as short |
| Binance CHIPUSDT | +0.0094% | 4h | 0.04635 | −1.173% | $13.9M | $27.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04638 | −1.109% | $96K | $113K | 3x | as long as short |
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Phoenix CHIP
Nado CHIP-PERP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
Binance CHIPUSDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | +0.0096% | 1h | 0.04633 | −1.210% | $211K | $1.0M | 5x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04647 | −0.913% | $14.4M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04635 | −1.179% | $55K | $279K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04641 | −1.045% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04645 | −0.959% | $663K | $973K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04635 | −1.173% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDTshort | +0.0100% | 4h | 0.04635 | −1.173% | $1.9M | $3.4M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04638 | −1.109% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04672 | −0.378% | $822K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04636 | −1.151% | $646 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0120% | 1h | 0.04661 | −0.625% | $110 | $37K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0175% | 1h | 0.04639 | −1.087% | $34K | $234K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +0.580% | $45K | $37K | 50x | as long as short |
Extended CHIP-USD
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
MEXC CHIP_USDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX