Funding you earn now, next payment 05:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h +0.067%
Price spread now: Deribit against BloFin+0.491%117s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 0.491% dearer against BloFin than usual: you sell high and buy low (spread +0.491% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 48 days. The two prices were read 117 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 | 0.04686 | 0.0061 | pay 0.0030% / 4h | 3h 31m | $563K | $65K | 50x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04709 | 0.0026 | get 0.0003% / 1h | 31m 16s | $10K | $24K | 10x |
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$7.23
- Price spread: +0.491% → 0.000%
- $49.08
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $22.86
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 65 min ago; Deribit: no order-book sample. Net counts fees only.
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, 65 min ago | 1.07 bp | 16.2 bp −$16 | 58.5 bp −$585 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0657% | 4h | 0.04704 | +0.384% | $10.7M | $9.1M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0430% | 1h | 0.04690 | +0.085% | $34K | $229K | 5x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04691 | +0.107% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0320% | 4h | 0.04705 | +0.405% | $2.0M | $9.7M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0127% | 1h | 0.04688 | +0.043% | $16K | $244K | 50x | as long as short |
| Gate CHIP_USDT | −0.0094% | 4h | 0.04697 | +0.235% | $682K | $980K | 50x | as long as short |
| Nado CHIP-PERP | −0.0035% | 1h | 0.04699 | +0.288% | $238K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.0026% | 1h | 0.04709 | +0.491% | $10K | $24K | 10x | |
| Aster CHIPUSDT | +0.0053% | 4h | 0.04704 | +0.387% | $56K | $279K | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0061% | 4h | 0.04686 | long leg | $563K | $65K | 50x |
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Gate CHIP_USDT
Nado CHIP-PERP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHIPUSDTM | +0.0068% | 4h | 0.04694 | +0.171% | $972K | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04691 | +0.107% | $96K | $114K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04708 | +0.474% | $14.6M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04690 | +0.085% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04707 | +0.449% | $14.2M | $27.1M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04700 | +0.299% | $1.8M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04704 | +0.384% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04705 | +0.405% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04683 | −0.060% | $829K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04699 | +0.277% | $956 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04704 | +0.376% | $214K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0160% | 1h | 0.04692 | +0.128% | $99 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.686% | $46K | $37K | 50x | as long as short |
KuCoin CHIPUSDTM
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX