Funding you earn now, next payment 22:00 UTC+0.0480%/8h= +52.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.052%
Price spread now: Extended against ApeX Omni−0.400%72s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$1021.025% of the position
Funding, last 7 days+0.417%+$42 on $10k
+Price spread, last 3 days (all we have)−0.015%−$2 · spread now −0.400%, 7d avg −0.061%
=Together, before fees+0.401%+ Points / potential airdropExtended: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.339% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.400% now, against its 7-day average of −0.061%). If the spread goes back, that is −$34 on $10k: about 2.4 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.417% in total) that is about 5.7 days. The two prices were read 72 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 | 0.04629 | −0.0544 | get 0.0068% / 1h | 56m 06s | $14K | $249K | 50x |
| Short | Extended CHIP-USD | 0.04610 | −0.0064 | pay 0.0008% / 1h | 56m 06s | $210K | $1.3M | 5x |
ApeX Omni CHIPUSDT
Extended CHIP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $100.83
- Price spread: −0.400% → −0.061%
- −$33.9
- Slippage, 4 orders
- −$87.48
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$35.54
- Costs to cover
- 1.025%
- Break-even
- 9.5 days
Slippage from ApeX Omni: live order book, 30 min ago; Extended: live order book, 2 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, 30 min ago | 8.58 bp | 15.7 bp −$16 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.68 bp | 37.8 bp −$38 | 262.4 bp −$2,624 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1972% | 1h | 0.04614 | −0.324% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0544% | 1h | 0.04629 | long leg | $14K | $249K | 50x | |
| Bybit CHIPUSDT | −0.0428% | 4h | 0.04613 | −0.346% | $10.7M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04628 | −0.022% | $3K | $142K | 5x | as long as short |
| Nado CHIP-PERP | −0.0242% | 1h | 0.04610 | −0.410% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0141% | 4h | 0.04612 | −0.367% | $1.9M | $9.1M | 20x | as long as short |
| Extended CHIP-USDshort | −0.0064% | 1h | 0.04610 | −0.400% | $210K | $1.3M | 5x | |
| Binance CHIPUSDT | −0.0063% | 4h | 0.04609 | −0.442% | $13.9M | $25.5M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0060% | 4h | 0.04611 | −0.389% | $1.8M | $1.2M | 50x | as long as short |
| Aster CHIPUSDT | −0.0060% | 4h | 0.04621 | −0.172% | $41K | $222K | 5x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Binance CHIPUSDT
MEXC CHIP_USDT
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.0056% | 4h | 0.04615 | −0.302% | $499K | $70K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04620 | −0.186% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04618 | −0.238% | $86K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04624 | −0.114% | $15.0M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04620 | −0.194% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04625 | −0.086% | $704K | $890K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04618 | −0.238% | $988K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04617 | −0.259% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04614 | −0.324% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04633 | +0.077% | $843K | $463K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04609 | −0.432% | $857 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0108% | 1h | 0.04630 | +0.027% | $53 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +2.754% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX