Funding you earn now, next payment 00:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.41 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against BloFin−0.318%108s7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as 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−$1131.133% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.318%, 7d avg +0.072%
=Funding pays, the price is against you. Gate is 0.389% cheaper against BloFin than usual: you would sell low and buy high (spread −0.318% now, against its 7-day average of +0.072%). If the spread goes back, that is −$39 on $10k: about 16 days of funding at the current rate (+$2 a day). The two prices were read 108 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 | 0.04724 | 0.0017 | pay 0.0009% / 4h | 35m 25s | $503K | $67K | 50x |
| Short | Gate CHIP_USDT | 0.04709 | 0.0100 | get 0.0050% / 4h | 35m 25s | $696K | $912K | 50x |
BloFin CHIP-USDT
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $17.37
- Price spread: −0.318% → +0.072%
- −$38.94
- Slippage, 4 orders
- −$86.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$134.88
- Costs to cover
- 1.133%
- Break-even
- 61.3 days
Slippage from BloFin: live order book, 41 min ago; Gate: live order book, 41 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, 41 min ago | 1.09 bp | 15.8 bp −$16 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 7.59 bp | 42.7 bp −$43 | 254.6 bp −$2,546 | 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 | −0.1265% | 1h | 0.04705 | −0.402% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04708 | −0.339% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0078% | 1h | 0.04704 | −0.413% | $87 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0054% | 4h | 0.04703 | −0.445% | $2.0M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0047% | 1h | 0.04706 | −0.390% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDTlong | +0.0017% | 4h | 0.04724 | long leg | $503K | $67K | 50x | |
| ApeX Omni CHIPUSDT | +0.0026% | 1h | 0.04714 | −0.212% | $14K | $248K | 50x | as long as short |
| Extended CHIP-USD | +0.0032% | 1h | 0.04704 | −0.429% | $215K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0032% | 4h | 0.04705 | −0.402% | $14.1M | $26.2M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0032% | 4h | 0.04705 | −0.402% | $1.8M | $1.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0046% | 4h | 0.04706 | −0.381% | $11.0M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04706 | −0.381% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04718 | −0.125% | $14.9M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04707 | −0.368% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04709 | −0.307% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04709 | −0.318% | $696K | $912K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04707 | −0.360% | $992K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04706 | −0.381% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04705 | −0.402% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | −0.414% | $885K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04703 | −0.445% | $632 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0375% | 1h | 0.04704 | −0.423% | $235K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04739 | +0.311% | $46K | $41K | 50x | as long as short |
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX