Funding you earn now, next payment 23:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.095%
Price spread now: Deribit against Bybit+0.118%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Deribit is 0.118% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04579 | −0.0172 | get 0.0086% / 4h | 1h 55m | $10.7M | $9.0M | 20x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04584 | 0.0121 | get 0.0015% / 1h | 55m 16s | $10K | $25K | 10x |
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $61.63
- Price spread: +0.118% → 0.000%
- $11.79
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $55.42
- Costs to cover
- 0.180%
- Break-even
- 0.7 days
Slippage unknown: Bybit: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.
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 | 3.30 bp | 33.3 bp −$33 | 136.6 bp −$1,366 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0853% | 1h | 0.04570 | −0.197% | $16K | $234K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0253% | 4h | 0.04575 | −0.087% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0236% | 1h | 0.04576 | −0.066% | $229K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04548 | −0.677% | $3K | $143K | 5x | as long as short |
| Bybit CHIPUSDTlong | −0.0172% | 4h | 0.04579 | long leg | $10.7M | $9.0M | 20x | |
| Aftermath Perps CHIPUSD | −0.0168% | 1h | 0.04562 | −0.362% | $109 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0168% | 4h | 0.04570 | −0.197% | $545K | $66K | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04576 | −0.060% | $207K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0126% | 4h | 0.04576 | −0.068% | $13.8M | $26.0M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0126% | 4h | 0.04575 | −0.087% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0010% | 4h | 0.04572 | −0.148% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04579 | 0.000% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04584 | +0.114% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04575 | −0.083% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04576 | −0.066% | $678K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04575 | −0.087% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04578 | −0.022% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04577 | −0.044% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04571 | −0.172% | $840K | $472K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04562 | −0.371% | $14K | $249K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04572 | −0.153% | $1K | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.0121% | 1h | 0.04584 | +0.118% | $10K | $25K | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.876% | $46K | $41K | 50x | as long as short |
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX