Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against BloFin+0.150%85s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as 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−$810.806% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.150%, 7d avg +0.049%
=The price spread pays, funding is against you. Bitget is 0.100% dearer against BloFin than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.049%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (0.000% in total) that is about years. The two prices were read 85 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 | BloFin CHIP-USDT | 0.04675 | 0.0127 | pay 0.0063% / 4h | 2h 43m | $561K | $64K | 50x |
| Short | Bitget CHIPUSDT | 0.04682 | 0.0100 | get 0.0050% / 4h | 2h 43m | $2.0M | $3.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$5.65
- Price spread: +0.150% → +0.049%
- $10.05
- Slippage, 4 orders
- −$56.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.19
- Costs to cover
- 0.806%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 47 min ago; Bitget: live order book, 4 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, 47 min ago | 3.19 bp | 17.1 bp −$17 | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.37 bp | 18.9 bp −$19 | 62.9 bp −$629 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0492% | 4h | 0.04685 | +0.214% | $10.6M | $9.1M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0294% | 1h | 0.04657 | −0.385% | $16K | $245K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0231% | 4h | 0.04678 | +0.064% | $2.0M | $9.6M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04659 | −0.342% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0016% | 1h | 0.04700 | +0.524% | $238K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04701 | +0.556% | $9K | $24K | 10x | as long as short |
| KuCoin CHIPUSDTM | +0.0036% | 4h | 0.04694 | +0.406% | $981K | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04684 | +0.193% | $97K | $113K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04689 | +0.306% | $14.5M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04687 | +0.251% | $56K | $279K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04700 | +0.535% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04680 | +0.107% | $14.1M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04693 | +0.385% | $673K | $965K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04687 | +0.257% | $1.8M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDTshort | +0.0100% | 4h | 0.04682 | +0.150% | $2.0M | $3.4M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04680 | +0.107% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04656 | −0.402% | $819K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04698 | +0.492% | $607 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04686 | +0.241% | $213K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0127% | 4h | 0.04675 | long leg | $561K | $64K | 50x | |
| Aftermath Perps CHIPUSD | +0.0135% | 1h | 0.04671 | −0.080% | $80 | $37K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0435% | 1h | 0.04698 | +0.492% | $35K | $233K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +0.903% | $45K | $37K | 50x | as long as short |
BloFin CHIP-USDT
Bitget CHIPUSDT
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX