Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Bybit+0.022%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.022%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.063% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04640 | 0.0016 | pay 0.0008% / 4h | 11m 29s | $10.8M | $8.9M | 20x |
| Short | BingX CHIP-USDT | 0.04641 | 0.0100 | get 0.0050% / 4h | 11m 29s | — | $1.9M | — |
Bybit CHIPUSDT
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $17.6
- Price spread: +0.022% → −0.042%
- $6.32
- Slippage, 4 orders
- −$80.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$77.88
- Costs to cover
- 1.018%
- Break-even
- 38.0 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 6 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, 2 min ago | 2.15 bp | 29.6 bp −$30 | 128.2 bp −$1,282 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.29 bp | 22.6 bp −$23 | 74.4 bp −$744 | 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 | −0.1374% | 1h | 0.04648 | +0.172% | $15K | $236K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04653 | +0.280% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0118% | 1h | 0.04647 | +0.151% | $14K | $248K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0071% | 4h | 0.04635 | −0.108% | $1.9M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04651 | +0.235% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDTlong | +0.0016% | 4h | 0.04640 | long leg | $10.8M | $8.9M | 20x | |
| Lighter CHIP | +0.0096% | 1h | 0.04645 | +0.108% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04651 | +0.241% | $14.6M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04647 | +0.142% | $48K | $240K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04646 | +0.121% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04635 | −0.116% | $13.9M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04644 | +0.086% | $686K | $914K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04638 | −0.043% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04650 | +0.216% | $981K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04638 | −0.043% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04641 | +0.022% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | +0.470% | $874K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04643 | +0.065% | $688 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04639 | −0.030% | $211K | $1.3M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0113% | 4h | 0.04644 | +0.086% | $548K | $66K | 50x | as long as short |
| Nado CHIP-PERP | +0.0147% | 1h | 0.04640 | +0.011% | $232K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0194% | 1h | 0.04663 | +0.506% | $86 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.621% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX