Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BingX−0.022%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$620.625% 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 −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$7 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 −$1.13 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 | 0.04578 | 0.0100 | pay 0.0050% / 4h | 1h 54m | — | $1.9M | — |
| Short | MEXC CHIP_USDT | 0.04577 | −0.0126 | pay 0.0063% / 4h | 1h 54m | $1.8M | $1.2M | 50x |
BingX CHIP-USDT
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$47.46
- Price spread: −0.022% → −0.036%
- $1.44
- Slippage, 4 orders
- −$52.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$108.48
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: 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, 8 min ago | 5.51 bp | 17.4 bp −$17 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.10 bp | 10.6 bp −$11 | 66.3 bp −$663 | 257.5 bp −$25.8K | 824.8 bp −$412.4K |
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 | −0.0864% | 1h | 0.04577 | −0.022% | $16K | $234K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0253% | 4h | 0.04581 | +0.066% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0237% | 1h | 0.04580 | +0.055% | $229K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0176% | 1h | 0.04566 | −0.265% | $177 | $39K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04548 | −0.655% | $3K | $143K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0168% | 4h | 0.04570 | −0.175% | $545K | $66K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0154% | 4h | 0.04581 | +0.066% | $10.7M | $9.0M | 20x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04580 | +0.038% | $207K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDTshort | −0.0126% | 4h | 0.04577 | −0.022% | $1.8M | $1.2M | 50x | |
| Binance CHIPUSDT | −0.0123% | 4h | 0.04577 | −0.022% | $13.8M | $26.0M | 50x | as long as short |
Backpack CHIP_USDC_PERP
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Phoenix CHIP
BloFin CHIP-USDT
Bybit CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0014% | 4h | 0.04580 | +0.037% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04584 | +0.131% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04584 | +0.125% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04581 | +0.057% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04576 | −0.044% | $678K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04577 | −0.022% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04581 | +0.066% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04578 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04571 | −0.150% | $840K | $472K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04562 | −0.349% | $14K | $249K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04572 | −0.131% | $1K | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0121% | 1h | 0.04584 | +0.140% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.899% | $46K | $41K | 50x | as long as short |
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX