Funding you earn now, next payment 10:00 UTC+0.0266%/8h= +29.1% APRpaid last 24h +0.070%
Price spread now: OKX against ApeX Omni+0.452%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 4 days (all we have)−0.456%−$46 · spread now +0.452%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.459% dearer against ApeX Omni than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04650 | −0.0336 | get 0.0042% / 1h | 58m 59s | $16K | $246K | 50x |
| Short | OKX CHIP-USDT-SWAP | 0.04671 | −0.0070 | pay 0.0035% / 4h | 1h 58m | $2.1M | $9.0M | 20x |
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $55.8
- Price spread: +0.452% → −0.008%
- $45.93
- Slippage, 4 orders
- −$49.75
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $31.97
- Costs to cover
- 0.698%
- Break-even
- 3.0 days
Slippage from ApeX Omni: live order book, 50 min ago; OKX: 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, 50 min ago | 6.39 bp | 14.0 bp −$14 | 127.6 bp −$1,276 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.15 bp | 21.4 bp −$21 | 150.3 bp −$1,503 | doesn't fit | doesn't fit |
CHIP on 23 exchanges
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 | −0.0951% | 1h | 0.04675 | +0.538% | $25K | $178K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0370% | 1h | 0.04675 | +0.546% | $9K | $2K | 10x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0336% | 1h | 0.04650 | long leg | $16K | $246K | 50x | |
| Nado CHIP-PERP | −0.0200% | 1h | 0.04673 | +0.484% | $236K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0169% | 1h | 0.04657 | +0.151% | $3K | $121K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0115% | 1h | 0.04674 | +0.512% | $155 | $34K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0070% | 4h | 0.04671 | +0.452% | $2.1M | $9.0M | 20x | |
| Bybit CHIPUSDT | +0.0085% | 4h | 0.04676 | +0.559% | $10.5M | $8.6M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04673 | +0.495% | $97K | $89K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04678 | +0.606% | $14.0M | $5.6M | 3x | as long as short |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIPShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04672 | +0.473% | $48K | $273K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04661 | +0.226% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04671 | +0.452% | $13.9M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04673 | +0.495% | $715K | $782K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04670 | +0.430% | $1.8M | $950K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04673 | +0.495% | $958K | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04671 | +0.452% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04672 | +0.473% | — | $1.8M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04651 | +0.030% | $861K | $505K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04670 | +0.430% | $653 | $942K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04669 | +0.408% | $211K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0108% | 4h | 0.04657 | +0.151% | $567K | $115K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1616% | 1h | 0.04655 | +0.108% | $50K | $46K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX