Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin−0.430%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$760.762% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.430%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.426% cheaper against BloFin than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04651 | 0.0117 | pay 0.0059% / 4h | 3h 18m | $547K | $65K | 50x |
| Short | BingX CHIP-USDT | 0.04631 | 0.0100 | get 0.0050% / 4h | 3h 18m | — | $1.9M | — |
BloFin CHIP-USDT
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$3.6
- Price spread: −0.430% → −0.004%
- −$42.62
- Slippage, 4 orders
- −$54.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$122.46
- Costs to cover
- 0.762%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 52 min ago; BingX: live order book, 14 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, 52 min ago | 1.08 bp | 9.2 bp −$9 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 4.33 bp | 21.1 bp −$21 | 66.5 bp −$665 | 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 | −0.1004% | 1h | 0.04644 | −0.151% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0301% | 1h | 0.04647 | −0.086% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04641 | −0.215% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0150% | 1h | 0.04650 | −0.011% | $233K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04632 | −0.409% | $1.9M | $9.0M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04645 | −0.129% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04649 | −0.041% | $14.6M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04647 | −0.091% | $48K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04652 | +0.022% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04629 | −0.473% | $13.9M | $26.0M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04633 | −0.387% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04642 | −0.194% | $687K | $908K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04633 | −0.387% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04639 | −0.258% | $971K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04631 | −0.430% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04631 | −0.430% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04642 | −0.199% | $872K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04650 | −0.022% | $931 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04630 | −0.452% | $211K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0117% | 4h | 0.04651 | long leg | $547K | $65K | 50x | |
| Aftermath Perps CHIPUSD | +0.0337% | 1h | 0.04646 | −0.105% | $196 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0717% | 1h | 0.04659 | +0.163% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04664 | +0.277% | $45K | $40K | 50x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX