Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bybit−0.693%46s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3253.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 3 days (all we have)+0.776%+$78 · spread now −0.693%, 7d avg −0.080%
Together, before fees+0.891%+$89 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.612% cheaper against Bybit than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of −0.080%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHIPUSDT0.046200.0100pay 0.0050% / 4h2h 53m$10.7M$8.7M20x
ShortSunX CHIP-USDT0.045880.0100get 0.0050% / 4h2h 53m$547$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.693% → −0.080%
−$61.25
Slippage, 4 orders
−$306.4
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$386.65
Costs to cover
3.254%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; SunX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago2.14 bp32.9 bp −$33148.3 bp −$1,483doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago46.13 bp128.7 bp −$129doesn't fitdoesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.1319%1h0.04662+0.909%$16K$251K50xas long as short
Backpack CHIP_USDC_PERP−0.0896%1h0.04604−0.346%$14K$220K5xas long as short
Phoenix CHIP−0.0172%1h0.04655+0.758%$3K$129K5xas long as short
Nado CHIP-PERP−0.0020%1h0.04598−0.476%$231K$19K5xas long as short
OKX CHIP-USDT-SWAP−0.0016%4h0.04617−0.065%$1.9M$9.1M20xas long as short
BloFin CHIP-USDT+0.0078%4h0.04587−0.714%$544K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04612−0.173%$85K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04619−0.028%$14.5M$6.4M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04608−0.260%$48K$255K5xas long as short
Pacifica CHIP+0.0100%1h0.04614−0.121%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04616−0.087%$13.9M$26.2M50xas long as short
Bybit CHIPUSDTlong+0.0100%4h0.04620long leg$10.7M$8.7M20x
Gate CHIP_USDT+0.0100%4h0.04612−0.173%$676K$909K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04610−0.216%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04614−0.130%$969K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04613−0.152%$1.9M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04614−0.130%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04631+0.233%$870K$458Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04588−0.693%$547$1.1M10x
Extended CHIP-USD+0.0104%1h0.04612−0.164%$213K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0288%1h0.04644+0.516%$118$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04715+2.048%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1683%1h0.04614−0.136%$10K$24K10xas long as short