Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.007%
Price spread now: Extended against BingX−0.095%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.095%, 7d avg −0.068%
=Together, before fees−0.045%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.028% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04610 | 0.0100 | pay 0.0050% / 4h | 1h 01m | — | $1.9M | — |
| Short | Extended CHIP-USD | 0.04606 | −0.0016 | pay 0.0002% / 1h | 1m 20s | $210K | $1.3M | 5x |
BingX CHIP-USDT
Extended CHIP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$24.36
- Price spread: −0.095% → −0.068%
- −$2.78
- Slippage, 4 orders
- −$95.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$137.48
- Costs to cover
- 1.103%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Extended: 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, 11 min ago | 4.34 bp | 19.9 bp −$20 | 62.1 bp −$621 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.26 bp | 39.4 bp −$39 | 292.5 bp −$2,925 | 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 | −0.1236% | 1h | 0.04610 | 0.000% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04609 | −0.022% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0146% | 1h | 0.04608 | −0.043% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0122% | 4h | 0.04610 | 0.000% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0118% | 1h | 0.04613 | +0.056% | $113 | $39K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0051% | 1h | 0.04610 | 0.000% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0033% | 4h | 0.04606 | −0.087% | $540K | $67K | 50x | as long as short |
| Binance CHIPUSDT | −0.0017% | 4h | 0.04608 | −0.043% | $13.8M | $26.0M | 50x | as long as short |
| Extended CHIP-USDshort | −0.0016% | 1h | 0.04606 | −0.095% | $210K | $1.3M | 5x | |
| MEXC CHIP_USDT | −0.0016% | 4h | 0.04608 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
ApeX Omni CHIPUSDT
BloFin CHIP-USDT
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0010% | 1h | 0.04611 | +0.028% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0057% | 4h | 0.04611 | +0.022% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04610 | 0.000% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04617 | +0.154% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.065% | $49K | $231K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04610 | 0.000% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04609 | −0.022% | $680K | $911K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04612 | +0.043% | $988K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04610 | 0.000% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04610 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04613 | +0.062% | $849K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04607 | −0.065% | $672 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.562% | $45K | $40K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX