Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0389%/8h= +42.6% APRpaid last 24h +0.088%
Price spread now: BloFin against ApeX Omni−0.293%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.463%+$46 on $10k
Price spread, last 4 days (all we have)+0.658%+$66 · spread now −0.293%, 7d avg +0.016%
Together, before fees+1.121%+$112 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.309% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.293% now, against its 7-day average of +0.016%). If the spread goes back, that is −$31 on $10k: about 2.6 days of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHIPUSDT0.04773−0.0335get 0.0042% / 1h39m 01s$16K$246K50x
ShortBloFin CHIP-USDT0.047590.0054get 0.0027% / 4h1h 39m$561K$91K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$81.71
Price spread: −0.293% → +0.016%
−$30.92
Slippage, 4 orders
−$53.21
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.42
Costs to cover
0.752%
Break-even
9.1 days
Slippage from ApeX Omni: live order book, 2 min ago; BloFin: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 2 min ago8.39 bp16.5 bp −$17135.4 bp −$1,354doesn't fitdoesn't fit
Sell BloFin live order book, 47 min ago6.49 bp21.1 bp −$2165.5 bp −$655doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT−0.0363%4h0.04762−0.230%$10.7M$9.1M20xas long as short
ApeX Omni CHIPUSDTlong−0.0335%1h0.04773long leg$16K$246K50x
OKX CHIP-USDT-SWAP−0.0206%4h0.04758−0.314%$2.1M$9.7M20xas long as short
Phoenix CHIP−0.0171%1h0.04765−0.168%$3K$128K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0170%1h0.04765−0.166%$10K$24K10xas long as short
Nado CHIP-PERP−0.0107%1h0.04756−0.356%$241K$18K5xas long as short
KuCoin CHIPUSDTM−0.0040%4h0.04761−0.251%$1.0M$1.2M50xas long as short
Aftermath Perps CHIPUSD−0.0021%1h0.04755−0.386%$62$36K5xas long as short
BloFin CHIP-USDTshort+0.0054%4h0.04759−0.293%$561K$91K50x
Lighter CHIP+0.0096%1h0.04767−0.126%$99K$107K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CHIP+0.0100%1h0.04769−0.080%$14.8M$6.0M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04766−0.157%$55K$272K5xas long as short
Pacifica CHIP+0.0100%1h0.04760−0.272%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04761−0.247%$14.3M$27.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04759−0.293%$680K$967K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04760−0.272%$1.8M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04760−0.272%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04758−0.314%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04766−0.147%$35K$231K5xas long as short
Variational Omni CHIP+0.0100%4h0.04768−0.101%$863K$504Kas long as short
SunX CHIP-USDT+0.0100%4h0.04758−0.314%$774$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04756−0.349%$216K$1.0M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0952%1h0.04797+0.492%$46K$38K50xas long as short