Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against MEXC+0.021%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.713% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now +0.021%, 7d avg +0.079%
=Funding pays, the price is against you. Bitget is 0.058% cheaper against MEXC than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.079%). If the spread goes back, that is −$6 on $10k: about 8.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.018% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04727 | 0.0078 | pay 0.0039% / 4h | 5m 06s | $1.8M | $1.2M | 50x |
| Short | Bitget CHIPUSDT | 0.04728 | 0.0100 | get 0.0050% / 4h | 5m 06s | $2.0M | $3.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $4.62
- Price spread: +0.021% → +0.079%
- −$5.76
- Slippage, 4 orders
- −$59.28
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$72.42
- Costs to cover
- 0.713%
- Break-even
- 116.7 days
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 2.12 bp | 11.1 bp −$11 | 65.9 bp −$659 | 215.1 bp −$21.5K | 677.0 bp −$338.5K |
| Sell Bitget live order book, 3 min ago | 5.27 bp | 26.6 bp −$27 | 81.3 bp −$813 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0510% | 1h | 0.04746 | +0.402% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0321% | 4h | 0.04724 | −0.063% | $2.0M | $9.7M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0318% | 1h | 0.04732 | +0.106% | $34K | $251K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0298% | 1h | 0.04746 | +0.402% | $16K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0255% | 4h | 0.04728 | +0.021% | $10.9M | $9.0M | 20x | as long as short |
| Nado CHIP-PERP | −0.0121% | 1h | 0.04723 | −0.095% | $239K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0015% | 4h | 0.04733 | +0.127% | $56K | $279K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04732 | +0.108% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDT | +0.0034% | 4h | 0.04720 | −0.148% | $565K | $65K | 50x | as long as short |
| MEXC CHIP_USDTlong | +0.0078% | 4h | 0.04727 | long leg | $1.8M | $1.2M | 50x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0079% | 4h | 0.04727 | +0.005% | $14.3M | $27.0M | 50x | as long as short |
| Extended CHIP-USD | +0.0080% | 1h | 0.04726 | −0.028% | $215K | $1.9M | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04730 | +0.063% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04736 | +0.193% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04725 | −0.047% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04727 | 0.000% | $685K | $989K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04726 | −0.021% | $984K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDTshort | +0.0100% | 4h | 0.04728 | +0.021% | $2.0M | $3.4M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04726 | −0.021% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04723 | −0.092% | $839K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04718 | −0.190% | $781 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0167% | 1h | 0.04751 | +0.507% | $100 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +2.704% | $47K | $41K | 50x | as long as short |
MEXC CHIP_USDT
Bitget CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Binance CHIPUSDT
Extended CHIP-USD
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX