Funding you earn now, next payment 22:00 UTC−0.0581%/8h= −63.7% APRpaid last 24h −0.062%
Price spread now: ApeX Omni against BloFin+0.971%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs+$33as in the Price arb table
costs, in and out, $10k−$660.664% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 3 days (all we have)−2.049%−$205 · spread now +0.971%, 7d avg −0.026%
=The price spread pays, funding is against you. ApeX Omni is 0.997% dearer against BloFin than usual: you sell high and buy low (spread +0.971% now, against its 7-day average of −0.026%): +$100 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.440% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04531 | −0.0079 | get 0.0039% / 4h | 2h 02m | $538K | $65K | 50x |
| Short | ApeX Omni CHIPUSDT | 0.04575 | −0.0660 | pay 0.0083% / 1h | 2m 18s | $14K | $249K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- −$122.11
- Price spread: +0.971% → −0.026%
- $99.68
- Slippage, 4 orders
- −$44.41
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$88.84
- Costs to cover
- 0.664%
- Break-even
- from the start
Slippage from BloFin: live order book, 19 min ago; ApeX Omni: live order book, 19 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 BloFin live order book, 19 min ago | 3.26 bp | 22.3 bp −$22 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 19 min ago | 6.52 bp | 17.8 bp −$18 | 127.8 bp −$1,278 | 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 | −0.0769% | 1h | 0.04534 | +0.066% | $15K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0660% | 1h | 0.04575 | +0.971% | $14K | $249K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | −0.0631% | 1h | 0.04536 | +0.110% | $9K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0315% | 4h | 0.04535 | +0.088% | $10.6M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0293% | 4h | 0.04536 | +0.110% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0180% | 1h | 0.04539 | +0.177% | $227K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04571 | +0.883% | $3K | $143K | 5x | as long as short |
| Binance CHIPUSDT | −0.0138% | 4h | 0.04532 | +0.022% | $13.7M | $26.0M | 50x | as long as short |
| Extended CHIP-USD | −0.0136% | 1h | 0.04535 | +0.089% | $206K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0136% | 4h | 0.04532 | +0.022% | $1.8M | $1.2M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CHIPUSD | −0.0126% | 1h | 0.04564 | +0.735% | $109 | $39K | 5x | as long as short |
| BloFin CHIP-USDTlong | −0.0079% | 4h | 0.04531 | long leg | $538K | $65K | 50x | |
| Aster CHIPUSDT | −0.0016% | 4h | 0.04538 | +0.158% | $46K | $228K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04535 | +0.088% | $84K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04539 | +0.183% | $14.3M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04535 | +0.099% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04536 | +0.110% | $673K | $911K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04532 | +0.022% | $969K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04538 | +0.154% | $1.9M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04535 | +0.088% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04584 | +1.176% | $835K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04532 | +0.022% | $703 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +4.977% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Binance CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX