Funding you earn now, next payment 04:00 UTC−0.0121%/8h= −13.3% APRnext payment −$0.61 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against Aster−0.171%7-day average −0.058% · 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−$117as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 5 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.171%, 7d avg −0.058%
=Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.113% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CHIPUSDT | 0.04649 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $48K | $237K | 5x |
| Short | OKX CHIP-USDT-SWAP | 0.04641 | −0.0021 | pay 0.0011% / 4h | 3h 21m | $1.9M | $9.1M | 20x |
Aster CHIPUSDT
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$25.44
- Price spread: −0.171% → −0.058%
- −$11.33
- Slippage, 4 orders
- −$87.96
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$142.73
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from Aster: 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 Aster live order book, 50 min ago | 6.47 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.22 bp | 25.0 bp −$25 | 174.1 bp −$1,741 | 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 | −0.1018% | 1h | 0.04651 | +0.044% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0312% | 1h | 0.04651 | +0.044% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04653 | +0.087% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0154% | 1h | 0.04643 | −0.117% | $232K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0021% | 4h | 0.04641 | −0.171% | $1.9M | $9.1M | 20x | |
| Lighter CHIP | +0.0096% | 1h | 0.04648 | −0.020% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04650 | +0.023% | $14.6M | $6.5M | 3x | as long as short |
| Aster CHIPUSDTlong | +0.0100% | 4h | 0.04649 | long leg | $48K | $237K | 5x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04649 | −0.005% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04640 | −0.193% | $14.0M | $26.0M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04643 | −0.128% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04650 | +0.023% | $688K | $908K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04641 | −0.171% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04646 | −0.064% | $972K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04644 | −0.107% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04641 | −0.171% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04642 | −0.155% | $872K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04640 | −0.193% | $699 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04639 | −0.205% | $211K | $2.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0104% | 4h | 0.04650 | +0.023% | $548K | $65K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0224% | 1h | 0.04648 | −0.020% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0336% | 1h | 0.04646 | −0.060% | $196 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04664 | +0.322% | $45K | $40K | 50x | as long as short |
Bybit 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
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX