Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Aster−0.126%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$950.947% of the position
Funding, last 5 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.126%, 7d avg −0.056%
=Together, before fees+0.102%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.070% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CHIPUSDT | 0.04606 | −0.0019 | get 0.0009% / 4h | 2h 18m | $44K | $226K | 5x |
| Short | Binance CHIPUSDT | 0.04600 | −0.0121 | pay 0.0061% / 4h | 2h 18m | $13.9M | $25.7M | 50x |
Aster CHIPUSDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$21.45
- Price spread: −0.126% → −0.056%
- −$7.02
- Slippage, 4 orders
- −$76.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$123.2
- Costs to cover
- 0.947%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Binance: live order book, 8 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 Aster live order book, 3 min ago | 3.26 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.08 bp | 15.3 bp −$15 | 69.0 bp −$690 | 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 | −0.0793% | 1h | 0.04603 | −0.065% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0590% | 1h | 0.04607 | +0.022% | $14K | $248K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0422% | 1h | 0.04607 | +0.024% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0210% | 4h | 0.04606 | 0.000% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0193% | 4h | 0.04603 | −0.065% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0182% | 1h | 0.04604 | −0.043% | $230K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04606 | 0.000% | $3K | $143K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0129% | 4h | 0.04599 | −0.152% | $542K | $66K | 50x | as long as short |
| Binance CHIPUSDTshort | −0.0121% | 4h | 0.04600 | −0.126% | $13.9M | $25.7M | 50x | |
| Extended CHIP-USD | −0.0120% | 1h | 0.04603 | −0.065% | $210K | $1.3M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Phoenix CHIP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | −0.0120% | 4h | 0.04601 | −0.109% | $1.8M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0086% | 1h | 0.04608 | +0.047% | $115 | $39K | 5x | as long as short |
| Aster CHIPUSDTlong | −0.0019% | 4h | 0.04606 | long leg | $44K | $226K | 5x | |
| Lighter CHIP | +0.0096% | 1h | 0.04603 | −0.065% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04610 | +0.091% | $14.8M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04604 | −0.050% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04603 | −0.065% | $682K | $903K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04602 | −0.087% | $984K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04609 | +0.065% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04602 | −0.087% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04610 | +0.081% | $840K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04602 | −0.087% | $622 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.267% | $46K | $41K | 50x | as long as short |
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX