Funding you earn now, next payment 02:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h −0.058%
Price spread now: ApeX Omni against Bybit−0.129%69s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as 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−$1091.088% of the position
Funding, last 7 days−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)+0.868%+$87 · spread now −0.129%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and ApeX Omni is 0.076% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.052%). Swap the legs. The two prices were read 69 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 | Bybit CHIPUSDT | 0.04660 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $10.9M | $8.6M | 20x |
| Short | ApeX Omni CHIPUSDT | 0.04654 | −0.0342 | pay 0.0043% / 1h | 30m 24s | $16K | $250K | 50x |
Bybit CHIPUSDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- −$92.85
- Price spread: −0.129% → −0.052%
- −$7.64
- Slippage, 4 orders
- −$87.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$209.29
- Costs to cover
- 1.088%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 36 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 Bybit live order book, 3 min ago | 2.15 bp | 30.9 bp −$31 | 125.5 bp −$1,255 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 8.55 bp | 16.8 bp −$17 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1148% | 1h | 0.04656 | −0.086% | $16K | $218K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0342% | 1h | 0.04654 | −0.129% | $16K | $250K | 50x | |
| Phoenix CHIP | −0.0172% | 1h | 0.04666 | +0.129% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04660 | 0.000% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0006% | 1h | 0.04659 | −0.021% | $234K | $19K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04661 | +0.021% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04669 | +0.185% | $14.6M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04661 | +0.022% | $37K | $254K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04661 | +0.028% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04658 | −0.043% | $14.0M | $25.9M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDTlong | +0.0100% | 4h | 0.04660 | long leg | $10.9M | $8.6M | 20x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04659 | −0.021% | $689K | $951K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04656 | −0.086% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04660 | 0.000% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04660 | 0.000% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04657 | −0.064% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | +0.049% | $876K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04659 | −0.021% | $843 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04659 | −0.027% | $211K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0351% | 1h | 0.04665 | +0.099% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0400% | 1h | 0.04655 | −0.112% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.172% | $45K | $40K | 50x | as long as short |
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX