Funding you earn now, next payment 04:00 UTC+0.0750%/8h= +82.1% APRnext payment +$0.94 per $10,000 · paid last 24h +0.181%
Price spread now: Coinbase International against Deribit+1.534%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$22 a day on $10k at the current rate, and Coinbase International is 1.534% dearer against Deribit than usual: you sell high and buy low: +$153 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04693 | −0.0006 | get 0.0001% / 1h | 13m 13s | $9K | $24K | 10x |
| Short | Coinbase International CHIP-PERP-INTX | 0.04765 | 0.0744 | get 0.0093% / 1h | 13m 13s | $46K | $37K | 50x |
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $157.42
- Price spread: +1.534% → 0.000%
- $153.42
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $293.84
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Coinbase International: no order-book sample. 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 Coinbase International no order-book sample | — | — | — | — | — |
Deribit and Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0408% | 4h | 0.04691 | −0.043% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04697 | +0.085% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0236% | 4h | 0.04689 | −0.085% | $2.0M | $9.6M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0176% | 1h | 0.04698 | +0.107% | $16K | $245K | 50x | as long as short |
| Nado CHIP-PERP | −0.0029% | 1h | 0.04688 | −0.096% | $237K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | −0.0006% | 1h | 0.04693 | long leg | $9K | $24K | 10x | |
| KuCoin CHIPUSDTM | +0.0086% | 4h | 0.04694 | +0.021% | $997K | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04693 | 0.000% | $97K | $115K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04701 | +0.168% | $14.6M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04695 | +0.035% | $56K | $279K | 5x | as long as short |
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
KuCoin CHIPUSDTM
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04690 | −0.060% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04688 | −0.104% | $14.2M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04691 | −0.043% | $672K | $988K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04688 | −0.107% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04691 | −0.043% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04689 | −0.085% | — | $2.0M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04694 | +0.021% | $34K | $230K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04695 | +0.046% | $830K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04688 | −0.107% | $627 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04687 | −0.124% | $216K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0115% | 4h | 0.04692 | −0.021% | $565K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0199% | 1h | 0.04695 | +0.036% | $68 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXshort | +0.0744% | 1h | 0.04765 | +1.534% | $46K | $37K | 50x |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD