Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03828 | spot | no funding | — | — | $2.4M | 1x | Buy Binance Spot | |
| SHORT | 0.03829 | +0.0100 | get 0.0050% / 4h | 3h 48m | $7.6M | $10.8M | 50x | Short Binance |
Price gap+0.033%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.166% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0100% /8h now · paid +0.072% over the last 7D
Price+$17spread +0.033% now, avg −0.133% → +0.166% if it goes back
Costs−$870.867% of $10k · taker + slippage, in and out
Result−$63−0.63%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.033%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCHIP on 24 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size26.6 / 21.4 bpAt $10k entering Binance Spot costs 26.6 bp, fee and slippage, 1.2× Binance’s.
- Note: Spot in full, margin on the short$10,000 + $200The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Binance settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
- OK: Entry gap works for you+0.033% vs −0.133%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Spot has no open interest$7.6M OIOnly Binance reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Spot Yes · Binance YesVerified KYC to deposit or trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0034%/8h × 21 periods+$7.18
Price spread+0.033% → −0.133% (7d avg)+$16.55
Slippage, 4 orderslive order books−$56.68
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$62.95
Costs to cover0.867%Break-even68.4 days
Slippage: Binance Spot: live order book, 12 min ago; Binance: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance Spot2.6326.6 bp−$2761.6 bp−$616doesn’t fitdoesn’t fit
SELL · SHORTBinance2.6421.4 bp−$2168.9 bp−$689547.2 bp−$54.7Kdoesn’t fit
Closing costs about the same again.
CHIP news
posts that mention CHIP, from every exchange| 10-30 13:38 | RISEx | Other | Trade them here: $EWZ: $CHIP: @risextrade on X ↗ |
| 10-30 13:38 | RISEx | Listing | Two new markets on RISEx: $EWZ, the iShares MSCI Brazil ETF, at 20x. Most crypto traders barely had a way to trade Brazil $CHIP, the token of the protocol that lends against GPUs, at 5x. It is the AI debt trade onchain @risextrade on X ↗ |
| 10-28 10:42 | TxFlow | Listing | At the community’s request, TxFlow has listed $CHIP. a DeFi protocol that finances AI infrastructure using GPU hardware as onchain collateral, now available with up to 50x leverage. @TxFlow_L1 on X ↗ |
| 10-28 09:24 | RISEx | Listing | new market CHIP/USDC ($CHIP) seen by our collector |
| 10-26 09:17 | TxFlow | Listing | new market CHIP-USDC ($CHIP) seen by our collector |
RISEx
TxFlow