Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: SunX against Binance−0.369%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$2962.964% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 3 days (all we have)+0.451%+$45 · spread now −0.369%, 7d avg −0.017%
Together, before fees+0.469%+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.352% cheaper against Binance than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.046050.0100pay 0.0050% / 4h2h 54m$13.9M$26.2M50x
ShortSunX CHIP-USDT0.045880.0100get 0.0050% / 4h2h 54m$547$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.369% → −0.017%
−$35.23
Slippage, 4 orders
−$278.37
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$331.6
Costs to cover
2.964%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; SunX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.09 bp19.5 bp −$1998.9 bp −$989doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago46.13 bp128.7 bp −$129doesn't fitdoesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.1319%1h0.04662+1.238%$16K$251K50xas long as short
Backpack CHIP_USDC_PERP−0.0896%1h0.04604−0.021%$14K$220K5xas long as short
Phoenix CHIP−0.0172%1h0.04655+1.086%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0020%4h0.04604−0.021%$1.9M$9.0M20xas long as short
Nado CHIP-PERP−0.0020%1h0.04598−0.152%$231K$19K5xas long as short
BloFin CHIP-USDT+0.0078%4h0.04587−0.391%$544K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04607+0.044%$85K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04617+0.263%$14.5M$6.4M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04591−0.304%$48K$254K5xas long as short
Pacifica CHIP+0.0100%1h0.04598−0.145%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDTlong+0.0100%4h0.04605long leg$13.9M$26.2M50x
Bybit CHIPUSDT+0.0100%4h0.04610+0.109%$10.7M$8.7M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04606+0.022%$675K$908K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.046050.000%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04608+0.065%$968K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.046050.000%$1.9M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04607+0.044%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04631+0.560%$870K$458Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04588−0.369%$547$1.1M10x
Extended CHIP-USD+0.0104%1h0.04599−0.131%$213K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0288%1h0.04644+0.844%$118$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04715+2.380%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1683%1h0.04614+0.189%$10K$24K10xas long as short