Funding you earn now, next payment 01:00 UTC−0.0625%/8h= −68.4% APRpaid last 24h −0.074%
Price spread now: ApeX Omni against Bitget+0.217%83s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days−0.443%−$44 on $10k
+Price spread, last 3 days (all we have)−0.261%−$26 · spread now +0.217%, 7d avg −0.061%
=The price spread pays, funding is against you. ApeX Omni is 0.278% dearer against Bitget than usual: you sell high and buy low (spread +0.217% now, against its 7-day average of −0.061%): +$28 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 36 hours. At the pace of the last 7 days (−0.443% in total) that is about 4.4 days. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CHIPUSDT | 0.04611 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $1.9M | $3.2M | 50x |
| Short | ApeX Omni CHIPUSDT | 0.04621 | −0.0525 | pay 0.0066% / 1h | 46m 14s | $14K | $248K | 50x |
Bitget CHIPUSDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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
- −$131.21
- Price spread: +0.217% → −0.061%
- $27.75
- Slippage, 4 orders
- −$54.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$179.74
- Costs to cover
- 0.763%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; ApeX Omni: live order book, 25 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 Bitget live order book, 1 min ago | 6.50 bp | 26.4 bp −$26 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 25 min ago | 8.63 bp | 15.7 bp −$16 | 126.0 bp −$1,260 | 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 | −0.0711% | 1h | 0.04611 | 0.000% | $15K | $232K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0525% | 1h | 0.04621 | +0.217% | $14K | $248K | 50x | |
| Phoenix CHIP | −0.0172% | 1h | 0.04620 | +0.195% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0165% | 1h | 0.04614 | +0.054% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0060% | 4h | 0.04610 | −0.022% | $1.9M | $9.1M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0012% | 4h | 0.04615 | +0.087% | $10.8M | $8.9M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0071% | 4h | 0.04623 | +0.260% | $545K | $65K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04615 | +0.087% | $86K | $108K | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04617 | +0.130% | $46K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04623 | +0.252% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
BloFin CHIP-USDT
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04611 | +0.004% | $13.9M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04622 | +0.239% | $681K | $901K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04612 | +0.022% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04612 | +0.022% | $972K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDTlong | +0.0100% | 4h | 0.04611 | long leg | $1.9M | $3.2M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04611 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04620 | +0.201% | $867K | $469K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04610 | −0.022% | $749 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04608 | −0.075% | $210K | $1.5M | 5x | as long as short |
| Hyperliquid CHIP | +0.0414% | 1h | 0.04622 | +0.241% | $14.5M | $6.7M | 3x | as long as short |
| Aftermath Perps CHIPUSD | +0.0436% | 1h | 0.04627 | +0.355% | $141 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04715 | +2.260% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.2046% | 1h | 0.04627 | +0.356% | $10K | $24K | 10x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Hyperliquid CHIP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL