Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.350%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−0.171%−$17 · spread now +0.350%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.326% dearer against Binance than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04635 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $14.0M | $26.0M | 50x |
| Short | BloFin CHIP-USDT | 0.04651 | 0.0117 | get 0.0059% / 4h | 3h 19m | $547K | $65K | 50x |
Binance CHIPUSDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $3.6
- Price spread: +0.350% → +0.024%
- $32.58
- Slippage, 4 orders
- −$50.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$36.07
- Costs to cover
- 0.722%
- Break-even
- 77.1 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 52 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, 7 min ago | 3.24 bp | 16.8 bp −$17 | 76.0 bp −$760 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 1.08 bp | 23.5 bp −$24 | 53.3 bp −$533 | 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 | −0.1004% | 1h | 0.04644 | +0.199% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0301% | 1h | 0.04647 | +0.264% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04641 | +0.134% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0150% | 1h | 0.04650 | +0.339% | $233K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04634 | −0.017% | $1.9M | $9.0M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04645 | +0.221% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04649 | +0.309% | $14.6M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04651 | +0.353% | $48K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04652 | +0.372% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDTlong | +0.0100% | 4h | 0.04635 | long leg | $14.0M | $26.0M | 50x |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04637 | +0.048% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04650 | +0.329% | $688K | $908K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04643 | +0.178% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04650 | +0.329% | $973K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04640 | +0.113% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04639 | +0.091% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04642 | +0.150% | $872K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04650 | +0.329% | $931 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04648 | +0.295% | $211K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTshort | +0.0117% | 4h | 0.04651 | +0.350% | $547K | $65K | 50x | |
| Aftermath Perps CHIPUSD | +0.0337% | 1h | 0.04646 | +0.245% | $196 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0717% | 1h | 0.04659 | +0.514% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04664 | +0.628% | $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
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX