Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Binance+0.065%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.065%, 7d avg +0.107%
=Funding pays, the price is against you. Gate is 0.042% cheaper against Binance than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.107%). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04591 | −0.0070 | get 0.0035% / 4h | 1h 24m | $13.8M | $26.0M | 50x |
| Short | Gate CHIP_USDT | 0.04594 | 0.0100 | get 0.0050% / 4h | 1h 24m | $677K | $904K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $35.71
- Price spread: +0.065% → +0.107%
- −$4.17
- Slippage, 4 orders
- −$85.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$79.21
- Costs to cover
- 1.107%
- Break-even
- 22.5 days
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 57 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, 2 min ago | 1.09 bp | 15.5 bp −$15 | 63.4 bp −$634 | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 13.02 bp | 38.5 bp −$38 | 234.0 bp −$2,340 | 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 | −0.1270% | 1h | 0.04593 | +0.044% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04587 | −0.087% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0167% | 4h | 0.04591 | 0.000% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0161% | 1h | 0.04593 | +0.046% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0107% | 1h | 0.04593 | +0.044% | $230K | $18K | 5x | as long as short |
| MEXC CHIP_USDT | −0.0074% | 4h | 0.04590 | −0.022% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | −0.0072% | 1h | 0.04590 | −0.030% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDTlong | −0.0070% | 4h | 0.04591 | long leg | $13.8M | $26.0M | 50x | |
| ApeX Omni CHIPUSDT | −0.0049% | 1h | 0.04598 | +0.152% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0044% | 4h | 0.04590 | −0.022% | $539K | $67K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0058% | 4h | 0.04593 | +0.044% | $10.7M | $8.9M | 20x | as long as short |
| Aster CHIPUSDT | +0.0089% | 4h | 0.04591 | +0.009% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04596 | +0.109% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04596 | +0.102% | $14.5M | $6.7M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04594 | +0.074% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04594 | +0.065% | $677K | $904K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04593 | +0.044% | $978K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04592 | +0.022% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04593 | +0.044% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04597 | +0.129% | $846K | $455K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04591 | 0.000% | $692 | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0185% | 1h | 0.04599 | +0.170% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04618 | +0.595% | $45K | $39K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
MEXC CHIP_USDT
Extended CHIP-USD
ApeX Omni CHIPUSDT
BloFin CHIP-USDT
Bybit CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX