Funding you earn now, next payment 04:00 UTC−0.0465%/8h= −51.0% APRpaid last 24h +0.064%
Price spread now: Deribit against Binance−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04714 | 0.0058 | pay 0.0029% / 4h | 30m 56s | $14.2M | $26.9M | 50x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04713 | −0.0407 | pay 0.0051% / 1h | 30m 56s | $10K | $24K | 10x |
Binance CHIPUSDT
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$97.72
- Price spread: −0.013% → 0.000%
- −$1.28
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$116
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.
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, 10 min ago | 1.07 bp | 17.9 bp −$18 | 103.5 bp −$1,035 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0716% | 1h | 0.04717 | +0.064% | $33K | $247K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0562% | 1h | 0.04711 | −0.064% | $16K | $245K | 50x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04695 | −0.403% | $3K | $129K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0508% | 4h | 0.04719 | +0.106% | $10.9M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0411% | 4h | 0.04712 | −0.042% | $2.0M | $9.6M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | −0.0407% | 1h | 0.04713 | −0.013% | $10K | $24K | 10x | |
| Nado CHIP-PERP | −0.0113% | 1h | 0.04716 | +0.032% | $239K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0086% | 4h | 0.04715 | +0.014% | $53K | $276K | 5x | as long as short |
| Extended CHIP-USD | +0.0056% | 1h | 0.04715 | +0.016% | $214K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0056% | 4h | 0.04714 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Aster CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDTlong | +0.0058% | 4h | 0.04714 | long leg | $14.2M | $26.9M | 50x | |
| BloFin CHIP-USDT | +0.0062% | 4h | 0.04705 | −0.191% | $564K | $64K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04710 | −0.085% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04720 | +0.125% | $14.6M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04721 | +0.157% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04713 | −0.021% | $693K | $963K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04715 | +0.021% | $988K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04714 | 0.000% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04713 | −0.021% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04711 | −0.071% | $838K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04716 | +0.042% | $746 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0196% | 1h | 0.04692 | −0.468% | $131 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +2.987% | $47K | $42K | 50x | as long as short |
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX