Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Gate−0.065%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1161.164% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.065%, 7d avg −0.107%
=The price spread pays, funding is against you. Binance is 0.042% dearer against Gate than usual: you sell high and buy low (spread −0.065% now, against its 7-day average of −0.107%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04610 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $681K | $911K | 50x |
| Short | Binance CHIPUSDT | 0.04607 | −0.0017 | pay 0.0009% / 4h | 1h 02m | $13.8M | $26.0M | 50x |
Gate CHIP_USDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$24.67
- Price spread: −0.065% → −0.107%
- $4.2
- Slippage, 4 orders
- −$91.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$136.83
- Costs to cover
- 1.164%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; Binance: live order book, 9 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 Gate live order book, 14 min ago | 7.59 bp | 38.2 bp −$38 | 236.2 bp −$2,362 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.09 bp | 17.6 bp −$18 | 68.8 bp −$688 | 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 | −0.1245% | 1h | 0.04611 | +0.022% | $16K | $233K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04614 | +0.087% | $3K | $143K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0249% | 1h | 0.04611 | +0.026% | $10K | $25K | 10x | as long as short |
| Nado CHIP-PERP | −0.0147% | 1h | 0.04608 | −0.043% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0132% | 4h | 0.04607 | −0.065% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0122% | 1h | 0.04612 | +0.045% | $113 | $39K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0065% | 1h | 0.04611 | +0.022% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0033% | 4h | 0.04606 | −0.087% | $540K | $67K | 50x | as long as short |
| Extended CHIP-USD | −0.0024% | 1h | 0.04611 | +0.013% | $210K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0020% | 4h | 0.04607 | −0.065% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
ApeX Omni CHIPUSDT
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDTshort | −0.0017% | 4h | 0.04607 | −0.065% | $13.8M | $26.0M | 50x | |
| Bybit CHIPUSDT | +0.0061% | 4h | 0.04610 | 0.000% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04613 | +0.065% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04615 | +0.117% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04612 | +0.048% | $49K | $231K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04612 | +0.041% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04610 | long leg | $681K | $911K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04609 | −0.022% | $986K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04610 | 0.000% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04608 | −0.043% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04613 | +0.062% | $849K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04607 | −0.065% | $634 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.562% | $45K | $40K | 50x | as long as short |
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX