Funding you earn now, next payment 04:00 UTC−0.1282%/8h= −140.4% APRpaid last 24h −0.075%
Price spread now: ApeX Omni against Binance−0.085%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$760.765% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 4 days (all we have)+0.548%+$55 · spread now −0.085%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and ApeX Omni is 0.098% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.430% in total (about -22.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04693 | 0.0081 | pay 0.0041% / 4h | 52m 52s | $14.2M | $26.7M | 50x |
| Short | ApeX Omni CHIPUSDT | 0.04689 | −0.1201 | pay 0.0150% / 1h | 52m 52s | $16K | $246K | 50x |
Binance CHIPUSDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- −$269.3
- Price spread: −0.085% → +0.012%
- −$9.77
- Slippage, 4 orders
- −$56.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$355.54
- Costs to cover
- 0.765%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; ApeX Omni: live order book, 4 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 Binance live order book, 3 min ago | 1.06 bp | 20.0 bp −$20 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 7.41 bp | 16.0 bp −$16 | 134.9 bp −$1,349 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTshort | −0.1201% | 1h | 0.04689 | −0.085% | $16K | $246K | 50x | |
| Backpack CHIP_USDC_PERP | −0.0557% | 1h | 0.04700 | +0.149% | $33K | $243K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0514% | 4h | 0.04698 | +0.107% | $10.8M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04726 | +0.703% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0344% | 4h | 0.04692 | −0.021% | $2.0M | $9.5M | 20x | as long as short |
| Aster CHIPUSDT | −0.0074% | 4h | 0.04704 | +0.234% | $50K | $274K | 5x | as long as short |
| Nado CHIP-PERP | −0.0063% | 1h | 0.04692 | −0.021% | $237K | $20K | 5x | as long as short |
| Extended CHIP-USD | +0.0080% | 1h | 0.04693 | −0.006% | $214K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0080% | 4h | 0.04696 | +0.064% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDTlong | +0.0081% | 4h | 0.04693 | long leg | $14.2M | $26.7M | 50x |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Nado CHIP-PERP
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04697 | +0.085% | $87K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04705 | +0.254% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04710 | +0.362% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04707 | +0.298% | $685K | $949K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04703 | +0.213% | $984K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04696 | +0.064% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04694 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04729 | +0.761% | $838K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04700 | +0.149% | $810 | $1.0M | 10x | as long as short |
| BloFin CHIP-USDT | +0.0125% | 4h | 0.04697 | +0.085% | $564K | $63K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0375% | 1h | 0.04719 | +0.550% | $134 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.448% | $47K | $42K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1175% | 1h | 0.04709 | +0.343% | $10K | $24K | 10x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL