Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRnext payment −$1.06 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against KuCoin+0.151%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1551.547% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 7 days−0.198%−$20 · spread now +0.151%, 7d avg −0.066%
=The price spread pays, funding is against you. Binance is 0.217% dearer against KuCoin than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of −0.066%): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.193%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHIPUSDTM | 0.04577 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $980K | $1.0M | 50x |
| Short | Binance CHIPUSDT | 0.04584 | −0.0112 | pay 0.0056% / 4h | 2h 35m | $13.8M | $25.7M | 50x |
KuCoin CHIPUSDTM
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$44.55
- Price spread: +0.151% → −0.066%
- $21.66
- Slippage, 4 orders
- −$132.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$177.56
- Costs to cover
- 1.547%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 6 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 KuCoin live order book, 5 min ago | 10.94 bp | 69.0 bp −$69 | 611.7 bp −$6,117 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.09 bp | 15.3 bp −$15 | 68.3 bp −$683 | 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 | −0.1779% | 1h | 0.04585 | +0.175% | $16K | $233K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0721% | 1h | 0.04577 | 0.000% | $14K | $249K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0419% | 4h | 0.04588 | +0.240% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0201% | 4h | 0.04585 | +0.175% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0196% | 1h | 0.04580 | +0.076% | $229K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0186% | 1h | 0.04585 | +0.168% | $10K | $24K | 10x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04578 | +0.022% | $3K | $143K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0117% | 4h | 0.04579 | +0.044% | $543K | $66K | 50x | as long as short |
| Binance CHIPUSDTshort | −0.0112% | 4h | 0.04584 | +0.151% | $13.8M | $25.7M | 50x | |
| Extended CHIP-USD | −0.0112% | 1h | 0.04583 | +0.141% | $208K | $1.3M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | −0.0108% | 4h | 0.04584 | +0.153% | $1.8M | $1.2M | 50x | as long as short |
| Aster CHIPUSDT | −0.0057% | 4h | 0.04584 | +0.153% | $43K | $229K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0005% | 1h | 0.04580 | +0.059% | $84 | $39K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04582 | +0.109% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04593 | +0.341% | $14.7M | $6.6M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04580 | +0.072% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04583 | +0.131% | $688K | $898K | 50x | as long as short |
| KuCoin CHIPUSDTMlong | +0.0100% | 4h | 0.04577 | long leg | $980K | $1.0M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04587 | +0.218% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04585 | +0.175% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04575 | −0.036% | $834K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04579 | +0.044% | $531 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.922% | $46K | $41K | 50x | as long as short |
MEXC CHIP_USDT
Aster CHIPUSDT
Aftermath Perps CHIPUSD
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX