Funding you earn now, next payment 02:00 UTC−0.0251%/8h= −27.4% APRpaid last 24h −0.064%
Price spread now: SunX against Deribit−0.120%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 −$8 a day on $10k at the current rate, and SunX is 0.120% cheaper against Deribit than usual: you would sell low and buy high (−$12 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 | 0.04665 | 0.0351 | pay 0.0044% / 1h | 30m 00s | $10K | $24K | 10x |
| Short | SunX CHIP-USDT | 0.04659 | 0.0100 | get 0.0050% / 4h | 2h 30m | $843 | $1.0M | 10x |
Deribit CHIP_USDC-PERPETUAL
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$52.63
- Price spread: −0.120% → 0.000%
- −$12.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$79.64
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; SunX: 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 SunX live order book, 3 min ago | 46.09 bp | 128.7 bp −$129 | doesn't fit | 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 22 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 | −0.1138% | 1h | 0.04659 | −0.120% | $14K | $219K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0342% | 1h | 0.04654 | −0.227% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04666 | +0.030% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04659 | −0.120% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0006% | 1h | 0.04659 | −0.120% | $234K | $19K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04662 | −0.056% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04671 | +0.131% | $14.6M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04659 | −0.127% | $37K | $254K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04661 | −0.071% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04659 | −0.120% | $14.0M | $25.9M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04662 | −0.056% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04659 | −0.120% | $689K | $951K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04660 | −0.099% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04659 | −0.120% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04661 | −0.077% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04658 | −0.141% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | −0.050% | $876K | $459K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04659 | −0.120% | $843 | $1.0M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04659 | −0.115% | $211K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | +0.0351% | 1h | 0.04665 | long leg | $10K | $24K | 10x | |
| Aftermath Perps CHIPUSD | +0.0400% | 1h | 0.04655 | −0.210% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.072% | $45K | $40K | 50x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX