Funding you earn now, next payment 03:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h −0.066%
Price spread now: BingX against Deribit−0.182%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.182% cheaper against Deribit than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04770 | 0.0128 | pay 0.0016% / 1h | 44m 47s | $10K | $24K | 10x |
| Short | BingX CHIP-USDT | 0.04761 | 0.0100 | get 0.0050% / 4h | 1h 44m | — | $1.9M | — |
Deribit CHIP_USDC-PERPETUAL
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$5.78
- Price spread: −0.182% → 0.000%
- −$18.24
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.02
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 3 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 6.33 bp | 24.7 bp −$25 | 84.6 bp −$846 | doesn't fit | doesn't fit |
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 | −0.1741% | 1h | 0.04762 | −0.161% | $26K | $213K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04740 | −0.623% | $3K | $130K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0323% | 1h | 0.04733 | −0.769% | $16K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0271% | 4h | 0.04760 | −0.203% | $11.0M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0173% | 4h | 0.04759 | −0.224% | $2.0M | $9.5M | 20x | as long as short |
| Aster CHIPUSDT | +0.0019% | 4h | 0.04765 | −0.104% | $46K | $271K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04762 | −0.161% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04773 | +0.061% | $15.0M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04756 | −0.279% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04756 | −0.287% | $14.4M | $26.3M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CHIP_USDT | +0.0100% | 4h | 0.04762 | −0.161% | $702K | $944K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04761 | −0.182% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04761 | −0.182% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04763 | −0.140% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04761 | −0.182% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04761 | −0.189% | $843K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04756 | −0.287% | $685 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04760 | −0.208% | $216K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | +0.0128% | 1h | 0.04770 | long leg | $10K | $24K | 10x | |
| BloFin CHIP-USDT | +0.0159% | 4h | 0.04749 | −0.434% | $568K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0332% | 1h | 0.04752 | −0.376% | $83 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.390% | $46K | $41K | 50x | as long as short |
| Nado CHIP-PERP | +0.1012% | 1h | 0.04759 | −0.235% | $240K | $19K | 5x | as long as short |
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Nado CHIP-PERP