Funding you earn now, next payment 23:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.080%
Price spread now: Deribit against BingX−0.083%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.083% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04569 | 0.0100 | pay 0.0050% / 4h | 1h 56m | — | $1.9M | — |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04565 | 0.0057 | get 0.0007% / 1h | 56m 30s | $9K | $25K | 10x |
BingX CHIP-USDT
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$9.08
- Price spread: −0.083% → 0.000%
- −$8.32
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$34.4
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 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 BingX live order book, 6 min ago | 5.51 bp | 17.4 bp −$17 | 52.9 bp −$529 | 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 | −0.0931% | 1h | 0.04563 | −0.131% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0656% | 1h | 0.04540 | −0.635% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0263% | 4h | 0.04568 | −0.022% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0233% | 1h | 0.04567 | −0.044% | $229K | $18K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0192% | 4h | 0.04574 | +0.109% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04548 | −0.460% | $3K | $143K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0155% | 1h | 0.04555 | −0.304% | $109 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0141% | 4h | 0.04556 | −0.285% | $544K | $65K | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04569 | +0.006% | $207K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0128% | 4h | 0.04572 | +0.066% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Bybit CHIPUSDT
Phoenix CHIP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | −0.0126% | 4h | 0.04571 | +0.050% | $13.8M | $26.0M | 50x | as long as short |
| Aster CHIPUSDT | +0.0005% | 4h | 0.04572 | +0.068% | $47K | $228K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.0057% | 1h | 0.04565 | −0.083% | $9K | $25K | 10x | |
| Lighter CHIP | +0.0096% | 1h | 0.04574 | +0.109% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04575 | +0.125% | $14.4M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04571 | +0.042% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04567 | −0.044% | $677K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04568 | −0.022% | $977K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04572 | +0.066% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04569 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04545 | −0.518% | $835K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04555 | −0.306% | $889 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +4.104% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
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