Settings8H · net · $10k
Funding arb · Price arb /

CHIP

all CHIP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.071%
Price spread now: ApeX Omni against Gate+0.065%7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.421%−$42 on $10k
Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.065%, 7d avg −0.089%
Together, before fees−0.531%−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.153% dearer against Gate than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.089%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CHIP_USDT0.046440.0100pay 0.0050% / 4h10m 55s$686K$914K50x
ShortApeX Omni CHIPUSDT0.04647−0.0118pay 0.0015% / 1h10m 55s$14K$248K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$45.75
Price spread: +0.065% → −0.089%
$15.34
Slippage, 4 orders
−$92.36
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$147.77
Costs to cover
1.174%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; ApeX Omni: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago5.39 bp43.7 bp −$44255.0 bp −$2,550doesn't fitdoesn't fit
Sell ApeX Omni live order book, 66 min ago8.68 bp16.3 bp −$16131.9 bp −$1,319doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.1380%1h0.04638−0.129%$15K$236K5xas long as short
Phoenix CHIP−0.0173%1h0.04653+0.194%$3K$140K5xas long as short
ApeX Omni CHIPUSDTshort−0.0118%1h0.04647+0.065%$14K$248K50x
OKX CHIP-USDT-SWAP−0.0073%4h0.04642−0.043%$1.9M$9.2M20xas long as short
Bybit CHIPUSDT+0.0016%4h0.04646+0.043%$10.8M$8.9M20xas long as short
Lighter CHIP+0.0096%1h0.04640−0.086%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04652+0.172%$14.7M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04637−0.151%$48K$240K5xas long as short
Pacifica CHIP+0.0100%1h0.04646+0.034%$13K$6283xas long as short
Binance CHIPUSDT+0.0100%4h0.04643−0.022%$14.0M$26.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CHIP_USDTlong+0.0100%4h0.04644long leg$686K$914K50x
MEXC CHIP_USDT+0.0100%4h0.04643−0.022%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04646+0.043%$980K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04643−0.022%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04638−0.129%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04640−0.079%$869K$468Kas long as short
SunX CHIP-USDT+0.0100%4h0.04643−0.022%$723$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04643−0.030%$211K$1.3M5xas long as short
BloFin CHIP-USDT+0.0109%4h0.04637−0.151%$548K$66K50xas long as short
Nado CHIP-PERP+0.0147%1h0.04640−0.075%$232K$18K5xas long as short
Aftermath Perps CHIPUSD+0.0207%1h0.04660+0.353%$86$39K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0267%1h0.04645+0.030%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04715+1.533%$45K$40K50xas long as short