Funding you earn now, next payment 00:00 UTC−0.0173%/8h= −18.9% APRnext payment −$0.86 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.022%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days+0.085%+$8 · spread now −0.022%, 7d avg −0.055%
=The price spread pays, funding is against you. OKX is 0.034% dearer against Gate than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.055%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.076% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04644 | 0.0100 | pay 0.0050% / 4h | 10m 53s | $686K | $914K | 50x |
| Short | OKX CHIP-USDT-SWAP | 0.04643 | −0.0073 | pay 0.0036% / 4h | 10m 53s | $1.9M | $9.2M | 20x |
Gate CHIP_USDT
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$36.32
- Price spread: −0.022% → −0.055%
- $3.39
- Slippage, 4 orders
- −$97.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$155.09
- Costs to cover
- 1.222%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago | 5.39 bp | 43.7 bp −$44 | 255.0 bp −$2,550 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.08 bp | 21.8 bp −$22 | 136.4 bp −$1,364 | 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 | −0.1380% | 1h | 0.04638 | −0.129% | $15K | $236K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04653 | +0.194% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0118% | 1h | 0.04647 | +0.065% | $14K | $248K | 50x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0073% | 4h | 0.04643 | −0.022% | $1.9M | $9.2M | 20x | |
| Bybit CHIPUSDT | +0.0016% | 4h | 0.04646 | +0.043% | $10.8M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04640 | −0.086% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04659 | +0.327% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04640 | −0.085% | $48K | $240K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04646 | +0.034% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04644 | 0.000% | $14.0M | $26.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04644 | long leg | $686K | $914K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04643 | −0.022% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04648 | +0.086% | $980K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04644 | 0.000% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04645 | +0.022% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04640 | −0.079% | $869K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04643 | −0.022% | $723 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04643 | −0.030% | $211K | $1.3M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0109% | 4h | 0.04637 | −0.151% | $548K | $66K | 50x | as long as short |
| Nado CHIP-PERP | +0.0147% | 1h | 0.04640 | −0.075% | $232K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0207% | 1h | 0.04660 | +0.353% | $86 | $39K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0267% | 1h | 0.04645 | +0.030% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.533% | $45K | $40K | 50x | as long as short |
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX