Funding you earn now, next payment 00:00 UTC−0.0216%/8h= −23.7% APRnext payment −$1.08 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BingX−0.022%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.022%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04586 | 0.0100 | pay 0.0050% / 4h | 1h 39m | — | $1.9M | — |
| Short | Binance CHIPUSDT | 0.04585 | −0.0116 | pay 0.0058% / 4h | 1h 39m | $13.8M | $25.9M | 50x |
BingX CHIP-USDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$45.46
- Price spread: −0.022% → −0.039%
- $1.76
- Slippage, 4 orders
- −$49.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.13
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 2 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 BingX live order book, 9 min ago | 5.44 bp | 17.9 bp −$18 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.09 bp | 15.1 bp −$15 | 68.5 bp −$685 | 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 | 0.04587 | +0.022% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04581 | −0.109% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0226% | 4h | 0.04587 | +0.022% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0203% | 1h | 0.04584 | −0.054% | $148 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0162% | 1h | 0.04589 | +0.065% | $230K | $18K | 5x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04588 | +0.038% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDTshort | −0.0116% | 4h | 0.04585 | −0.022% | $13.8M | $25.9M | 50x | |
| MEXC CHIP_USDT | −0.0116% | 4h | 0.04586 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0109% | 1h | 0.04577 | −0.196% | $14K | $248K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0094% | 4h | 0.04583 | −0.065% | $539K | $67K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Extended CHIP-USD
MEXC CHIP_USDT
ApeX Omni CHIPUSDT
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0049% | 4h | 0.04588 | +0.044% | $10.7M | $8.9M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04592 | +0.135% | $10K | $25K | 10x | as long as short |
| Aster CHIPUSDT | +0.0041% | 4h | 0.04588 | +0.049% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04589 | +0.065% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04593 | +0.142% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04589 | +0.055% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04589 | +0.065% | $679K | $902K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04587 | +0.022% | $975K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04589 | +0.065% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04586 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04580 | −0.131% | $844K | $465K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04585 | −0.022% | $977 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.718% | $46K | $41K | 50x | as long as short |
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX