CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1119%/8h= +122.5% APRnext payment +$1.40 per $10,000 · paid last 24h +0.140%

Price spread now: Deribit against ApeX Omni−0.584%74s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.584% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.584% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$58 on $10k: about 42 hours of funding at the current rate (+$34 a day). The two prices were read 74 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	0.04620	−0.1119	get 0.0140% / 1h	51m 39s	$14K	$249K	50x
Short	Deribit CHIP_USDC-PERPETUAL	0.04593	0	get 0.0000% / 1h	51m 39s	$10K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.584%Rate

Funding earned: $234.96
Price spread: −0.584% → 0.000%: −$58.44
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $159.52
Costs to cover: 0.170%
Break-even: 2.2 days

Slippage unknown: ApeX Omni: live order book, 34 min ago; Deribit: no order-book sample. Net counts fees only.

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, 34 min ago	8.58 bp	15.7 bp −$16	132.5 bp −$1,325	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Backpack CHIP_USDC_PERP	−0.2107%	1h	0.04585	−0.758%	$16K	$235K	5x	as long as short
ApeX Omni CHIPUSDTlong	−0.1119%	1h	0.04620	long leg	$14K	$249K	50x
Bybit CHIPUSDT	−0.0451%	4h	0.04587	−0.714%	$10.7M	$8.9M	20x	as long as short
Nado CHIP-PERP	−0.0181%	1h	0.04587	−0.703%	$230K	$18K	5x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04589	−0.671%	$3K	$143K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0156%	4h	0.04582	−0.823%	$1.9M	$9.1M	20x	as long as short
Binance CHIPUSDT	−0.0082%	4h	0.04581	−0.844%	$13.8M	$25.6M	50x	as long as short
Extended CHIP-USD	−0.0080%	1h	0.04582	−0.831%	$209K	$1.3M	5x	as long as short
Aster CHIPUSDT	−0.0079%	4h	0.04589	−0.679%	$41K	$226K	5x	as long as short
MEXC CHIP_USDT	−0.0078%	4h	0.04580	−0.866%	$1.8M	$1.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CHIP-USDT	−0.0071%	4h	0.04591	−0.628%	$546K	$71K	50x	as long as short
Deribit CHIP_USDC-PERPETUALshort	0.0000%	1h	0.04593	−0.584%	$10K	$24K	10x
Aftermath Perps CHIPUSD	+0.0070%	1h	0.04611	−0.194%	$85	$39K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04585	−0.758%	$85K	$110K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04589	−0.660%	$14.7M	$6.6M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04583	−0.805%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04592	−0.606%	$699K	$891K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04584	−0.779%	$995K	$1.0M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04591	−0.628%	$1.9M	$3.0M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04583	−0.801%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04622	+0.043%	$842K	$463K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04586	−0.736%	$964	$1.0M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0816%	1h	0.04757	+2.955%	$46K	$41K	50x	as long as short