Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.064%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2212.207% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.064%, 7d avg −0.015%
=Funding pays, the price is against you. KuCoin is 0.049% cheaper against Bybit than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of −0.015%). If the spread goes back, that is −$5 on $10k: about 5.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04670 | 0.0072 | pay 0.0036% / 4h | 1h 57m | $10.5M | $8.6M | 20x |
| Short | KuCoin CHIPUSDTM | 0.04667 | 0.0100 | get 0.0050% / 4h | 1h 57m | $959K | $1.2M | 50x |
Bybit CHIPUSDT
KuCoin CHIPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $5.9
- Price spread: −0.064% → −0.015%
- −$4.9
- Slippage, 4 orders
- −$197.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$219.69
- Costs to cover
- 2.207%
- Break-even
- 267.6 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: 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 | 3.22 bp | 30.4 bp −$30 | 150.9 bp −$1,509 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 8.59 bp | 82.3 bp −$82 | 599.7 bp −$5,997 | doesn't fit | doesn't fit |
CHIP on 23 exchanges
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 | −0.0772% | 1h | 0.04675 | +0.107% | $25K | $177K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0332% | 1h | 0.04672 | +0.043% | $16K | $246K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0285% | 1h | 0.04674 | +0.084% | $9K | $2K | 10x | as long as short |
| Phoenix CHIP | −0.0169% | 1h | 0.04657 | −0.278% | $3K | $121K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0116% | 1h | 0.04674 | +0.096% | $90 | $34K | 5x | as long as short |
| Nado CHIP-PERP | −0.0076% | 1h | 0.04664 | −0.128% | $236K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0073% | 4h | 0.04664 | −0.128% | $2.1M | $8.9M | 20x | as long as short |
| Bybit CHIPUSDTlong | +0.0072% | 4h | 0.04670 | long leg | $10.5M | $8.6M | 20x | |
| Lighter CHIP | +0.0096% | 1h | 0.04667 | −0.064% | $97K | $89K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04675 | +0.096% | $14.0M | $5.6M | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIPShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04668 | −0.047% | $48K | $270K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04670 | 0.000% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04666 | −0.089% | $13.9M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04672 | +0.043% | $715K | $783K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04666 | −0.086% | $1.8M | $950K | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04667 | −0.064% | $959K | $1.2M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04671 | +0.021% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04668 | −0.043% | — | $1.8M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04651 | −0.398% | $861K | $505K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04666 | −0.086% | $566 | $941K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04665 | −0.097% | $211K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0108% | 4h | 0.04657 | −0.278% | $567K | $115K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1616% | 1h | 0.04659 | −0.236% | $50K | $50K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX