Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against Bybit−0.086%52s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as 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−$920.917% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 3 days (all we have)+0.317%+$32 · spread now −0.086%, 7d avg −0.039%
=Funding pays, the price is against you. BloFin is 0.047% cheaper against Bybit than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.039%). If the spread goes back, that is −$5 on $10k: about 5.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.127% in total) that is about 2.6 days. The two prices were read 52 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 | 0.04653 | 0.0042 | pay 0.0021% / 4h | 8m 14s | $10.8M | $8.9M | 20x |
| Short | BloFin CHIP-USDT | 0.04649 | 0.0070 | get 0.0035% / 4h | 8m 14s | $549K | $66K | 50x |
Bybit CHIPUSDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.03
- Price spread: −0.086% → −0.039%
- −$4.67
- Slippage, 4 orders
- −$68.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.39
- Costs to cover
- 0.917%
- Break-even
- 111.9 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 3 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, 5 min ago | 2.15 bp | 29.6 bp −$30 | 128.2 bp −$1,282 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.08 bp | 23.5 bp −$24 | 53.3 bp −$533 | 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 | −0.1367% | 1h | 0.04649 | −0.086% | $15K | $236K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04647 | −0.129% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0118% | 1h | 0.04647 | −0.129% | $14K | $248K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0061% | 4h | 0.04649 | −0.086% | $1.9M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04656 | +0.062% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDTlong | +0.0042% | 4h | 0.04653 | long leg | $10.8M | $8.9M | 20x | |
| BloFin CHIP-USDTshort | +0.0070% | 4h | 0.04649 | −0.086% | $549K | $66K | 50x | |
| Lighter CHIP | +0.0096% | 1h | 0.04651 | −0.043% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04664 | +0.245% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04647 | −0.121% | $47K | $241K | 5x | 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 CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04652 | −0.030% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04650 | −0.056% | $14.0M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04646 | −0.150% | $686K | $914K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04650 | −0.064% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04652 | −0.021% | $981K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04652 | −0.021% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04652 | −0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04640 | −0.272% | $869K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04650 | −0.064% | $853 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04650 | −0.073% | $211K | $1.3M | 5x | as long as short |
| Nado CHIP-PERP | +0.0136% | 1h | 0.04649 | −0.075% | $233K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0242% | 1h | 0.04658 | +0.112% | $120 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.337% | $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
SunX CHIP-USDT
Extended CHIP-USD
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX