Funding you earn now, next payment 07:00 UTC+0.0361%/8h= +39.5% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit−0.112%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1471.470% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days−0.225%−$22 · spread now −0.112%, 7d avg −0.132%
=Together, before fees−0.124%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.020% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04799 | −0.0257 | get 0.0129% / 4h | 1h 03m | $10.9M | $9.0M | 20x |
| Short | Extended CHIP-USD | 0.04794 | 0.0104 | get 0.0013% / 1h | 3m 43s | $219K | $1.9M | 5x |
Bybit CHIPUSDT
Extended CHIP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $75.85
- Price spread: −0.112% → −0.132%
- $2.03
- Slippage, 4 orders
- −$131.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$69.17
- Costs to cover
- 1.470%
- Break-even
- 13.4 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 5 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, 4 min ago | 2.09 bp | 53.3 bp −$53 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 3.24 bp | 34.6 bp −$35 | 223.5 bp −$2,235 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0394% | 1h | 0.04784 | −0.313% | $17K | $245K | 50x | as long as short |
| Bybit CHIPUSDTlong | −0.0257% | 4h | 0.04799 | long leg | $10.9M | $9.0M | 20x | |
| OKX CHIP-USDT-SWAP | −0.0179% | 4h | 0.04792 | −0.146% | $2.1M | $9.8M | 20x | as long as short |
| Nado CHIP-PERP | −0.0175% | 1h | 0.04784 | −0.313% | $242K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04783 | −0.333% | $3K | $128K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0052% | 4h | 0.04798 | −0.021% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04791 | −0.175% | $10K | $23K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0036% | 1h | 0.04801 | +0.046% | $119 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0069% | 4h | 0.04805 | +0.125% | $577K | $101K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0079% | 1h | 0.04796 | −0.063% | $26K | $235K | 5x | as long as short |
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Phoenix CHIP
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Backpack CHIP_USDC_PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04800 | +0.021% | $100K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04806 | +0.144% | $14.9M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04801 | +0.042% | $53K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04800 | +0.031% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04795 | −0.075% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04796 | −0.063% | $687K | $997K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04795 | −0.083% | $1.8M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04795 | −0.083% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04796 | −0.063% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04807 | +0.170% | $922K | $475K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04799 | 0.000% | $563 | $1.0M | 10x | as long as short |
| Extended CHIP-USDshort | +0.0104% | 1h | 0.04794 | −0.112% | $219K | $1.9M | 5x | |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04839 | +0.840% | $46K | $38K | 50x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX