Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: SunX against BloFin+0.043%55s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as 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−$2862.864% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.043%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.083% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.040%. The two prices were read 55 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 | 0.04649 | 0.0066 | pay 0.0033% / 4h | 3m 34s | $548K | $66K | 50x |
| Short | SunX CHIP-USDT | 0.04651 | 0.0100 | get 0.0050% / 4h | 3m 34s | $801 | $1.1M | 10x |
BloFin CHIP-USDT
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $7.17
- Price spread: +0.043% → −0.040%
- $8.26
- Slippage, 4 orders
- −$266.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$271
- Costs to cover
- 2.864%
- Break-even
- 271.6 days
Slippage from BloFin: live order book, 8 min ago; SunX: live order book, 9 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, 8 min ago | 1.08 bp | 9.2 bp −$9 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 46.29 bp | 128.8 bp −$129 | doesn't fit | 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 | −0.1261% | 1h | 0.04653 | +0.086% | $15K | $236K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04651 | +0.043% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0090% | 1h | 0.04651 | +0.043% | $14K | $248K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0041% | 4h | 0.04656 | +0.151% | $1.9M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04656 | +0.155% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDTlong | +0.0066% | 4h | 0.04649 | long leg | $548K | $66K | 50x | |
| Bybit CHIPUSDT | +0.0078% | 4h | 0.04658 | +0.194% | $10.9M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04655 | +0.129% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04672 | +0.486% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04653 | +0.081% | $46K | $241K | 5x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04654 | +0.108% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04654 | +0.108% | $14.0M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04652 | +0.065% | $687K | $914K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04651 | +0.043% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04651 | +0.043% | $981K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04657 | +0.172% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04656 | +0.151% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04648 | −0.013% | $870K | $468K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04651 | +0.043% | $801 | $1.1M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04650 | +0.014% | $211K | $1.3M | 5x | as long as short |
| Nado CHIP-PERP | +0.0117% | 1h | 0.04655 | +0.118% | $233K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0297% | 1h | 0.04657 | +0.173% | $86 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.424% | $45K | $40K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Extended CHIP-USD
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX