Funding you earn now, next payment 00:00 UTC+0.0162%/8h= +17.7% APRnext payment +$0.81 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against MEXC−0.044%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$580.585% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.044%, 7d avg +0.036%
=Funding pays, the price is against you. BingX is 0.080% cheaper against MEXC than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.036%). If the spread goes back, that is −$8 on $10k: about 39 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.015% in total) that is about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04594 | −0.0062 | get 0.0031% / 4h | 2h 55m | $1.8M | $1.2M | 50x |
| Short | BingX CHIP-USDT | 0.04592 | 0.0100 | get 0.0050% / 4h | 2h 55m | — | $1.9M | — |
MEXC CHIP_USDT
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $34.02
- Price spread: −0.044% → +0.036%
- −$7.99
- Slippage, 4 orders
- −$48.49
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$32.45
- Costs to cover
- 0.585%
- Break-even
- 13.7 days
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 8 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 MEXC live order book, 1 min ago | 1.08 bp | 11.1 bp −$11 | 60.0 bp −$600 | 230.5 bp −$23.1K | 645.5 bp −$322.7K |
| Sell BingX live order book, 8 min ago | 1.08 bp | 19.3 bp −$19 | 58.7 bp −$587 | 539.6 bp −$54.0K | 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 | −0.2086% | 1h | 0.04592 | −0.044% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.1119% | 1h | 0.04620 | +0.566% | $14K | $249K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0450% | 4h | 0.04597 | +0.065% | $10.7M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04621 | +0.588% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0243% | 1h | 0.04600 | +0.131% | $230K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0146% | 4h | 0.04596 | +0.044% | $1.9M | $9.1M | 20x | as long as short |
| Extended CHIP-USD | −0.0072% | 1h | 0.04592 | −0.043% | $210K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0069% | 4h | 0.04595 | +0.022% | $13.9M | $25.6M | 50x | as long as short |
| Aster CHIPUSDT | −0.0066% | 4h | 0.04595 | +0.022% | $41K | $226K | 5x | as long as short |
| MEXC CHIP_USDTlong | −0.0062% | 4h | 0.04594 | long leg | $1.8M | $1.2M | 50x |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Extended CHIP-USD
Binance CHIPUSDT
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.0022% | 4h | 0.04592 | −0.044% | $496K | $69K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04598 | +0.087% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04599 | +0.109% | $85K | $110K | 3x | as long as short |
| Aftermath Perps CHIPUSD | +0.0099% | 1h | 0.04627 | +0.722% | $85 | $39K | 5x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04604 | +0.209% | $14.8M | $6.6M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04610 | +0.348% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04605 | +0.239% | $700K | $890K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04600 | +0.131% | $985K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04595 | +0.022% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04592 | −0.044% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04622 | +0.609% | $842K | $463K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04589 | −0.109% | $805 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.537% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Aftermath Perps CHIPUSD
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX