Funding you earn now, next payment 03:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h −0.073%
Price spread now: BloFin against Deribit−0.302%57s7-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
Funding pays, the price is against you. BloFin is 0.302% cheaper against Deribit than usual: you would sell low and buy high (spread −0.302% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 6.3 days of funding at the current rate (+$5 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04763 | 0 | get 0.0000% / 1h | 43m 53s | $10K | $24K | 10x |
| Short | BloFin CHIP-USDT | 0.04749 | 0.0159 | get 0.0080% / 4h | 1h 43m | $568K | $65K | 50x |
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $33.43
- Price spread: −0.302% → 0.000%
- −$30.23
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.8
- Costs to cover
- 0.190%
- Break-even
- 10.3 days
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 82 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 BloFin live order book, 82 min ago | 1.07 bp | 17.3 bp −$17 | 52.7 bp −$527 | 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 | −0.1644% | 1h | 0.04756 | −0.155% | $29K | $215K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04740 | −0.491% | $3K | $130K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0323% | 1h | 0.04733 | −0.638% | $16K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0308% | 4h | 0.04757 | −0.134% | $11.0M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0175% | 4h | 0.04757 | −0.134% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | 0.0000% | 1h | 0.04763 | long leg | $10K | $24K | 10x | |
| Aster CHIPUSDT | +0.0019% | 4h | 0.04754 | −0.203% | $45K | $271K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04755 | −0.176% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04765 | +0.027% | $14.9M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04763 | −0.015% | $14K | $688 | 3x | 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 CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04749 | −0.302% | $14.4M | $26.3M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04755 | −0.176% | $701K | $944K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04749 | −0.302% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04756 | −0.155% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04755 | −0.176% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04750 | −0.281% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04761 | −0.057% | $843K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04751 | −0.260% | $759 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04748 | −0.329% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTshort | +0.0159% | 4h | 0.04749 | −0.302% | $568K | $65K | 50x | |
| Aftermath Perps CHIPUSD | +0.0328% | 1h | 0.04754 | −0.205% | $83 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.523% | $46K | $41K | 50x | as long as short |
| Nado CHIP-PERP | +0.0930% | 1h | 0.04753 | −0.208% | $240K | $19K | 5x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Nado CHIP-PERP