Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.007%
Price spread now: Gate against Extended+0.096%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.261%+$26 · spread now +0.096%, 7d avg +0.154%
=Together, before fees+0.258%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.057% cheaper against Extended than usual: you would sell low and buy high (spread +0.096% now, against its 7-day average of +0.154%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04578 | −0.0120 | get 0.0015% / 1h | 41m 13s | $209K | $1.3M | 5x |
| Short | Gate CHIP_USDT | 0.04582 | 0.0100 | get 0.0050% / 4h | 1h 41m | $678K | $902K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- $46.2
- Price spread: +0.096% → +0.154%
- −$5.75
- Slippage, 4 orders
- −$129.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.93
- Costs to cover
- 1.494%
- Break-even
- 23.5 days
Slippage from Extended: live order book, 2 min ago; Gate: live order book, 41 min ago.
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 Extended live order book, 2 min ago | 3.83 bp | 41.7 bp −$42 | 299.8 bp −$2,998 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 13.02 bp | 38.5 bp −$38 | 234.0 bp −$2,340 | doesn't fit | doesn't fit |
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 | −0.1258% | 1h | 0.04579 | +0.031% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04581 | +0.074% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0237% | 4h | 0.04576 | −0.035% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0208% | 1h | 0.04582 | +0.104% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0176% | 1h | 0.04579 | +0.031% | $229K | $18K | 5x | as long as short |
| Extended CHIP-USDlong | −0.0120% | 1h | 0.04578 | long leg | $209K | $1.3M | 5x | |
| MEXC CHIP_USDT | −0.0120% | 4h | 0.04573 | −0.100% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | −0.0118% | 4h | 0.04575 | −0.048% | $13.8M | $25.9M | 50x | as long as short |
| BloFin CHIP-USDT | −0.0102% | 4h | 0.04577 | −0.013% | $539K | $67K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0073% | 4h | 0.04578 | +0.009% | $10.7M | $8.9M | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0006% | 1h | 0.04584 | +0.140% | $14K | $248K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04582 | +0.085% | $10K | $25K | 10x | as long as short |
| Aster CHIPUSDT | +0.0038% | 4h | 0.04583 | +0.125% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04581 | +0.074% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04587 | +0.195% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04581 | +0.066% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04582 | +0.096% | $678K | $902K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04580 | +0.053% | $979K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04579 | +0.031% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04578 | +0.009% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04585 | +0.163% | $844K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04577 | −0.013% | $1K | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.908% | $46K | $41K | 50x | as long as short |
Extended CHIP-USD
Gate CHIP_USDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
MEXC CHIP_USDT
Binance CHIPUSDT
BloFin CHIP-USDT
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX