Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against MEXC+0.127%64s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.479%+$48 · spread now +0.127%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.105% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04735 | 0.0086 | pay 0.0043% / 4h | 4h 00m | $1.8M | $1.2M | 50x |
| Short | BloFin CHIP-USDT | 0.04741 | 0.0119 | get 0.0059% / 4h | 4h 00m | $569K | $66K | 50x |
MEXC CHIP_USDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.91
- Price spread: +0.127% → +0.021%
- $10.53
- Slippage, 4 orders
- −$68.09
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.65
- Costs to cover
- 0.801%
- Break-even
- 70.4 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 36 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 | 1.05 bp | 17.8 bp −$18 | 70.4 bp −$704 | 276.1 bp −$27.6K | 707.8 bp −$353.9K |
| Sell BloFin live order book, 36 min ago | 1.07 bp | 27.2 bp −$27 | 73.4 bp −$734 | 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 | 0.04745 | +0.211% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0314% | 4h | 0.04734 | −0.021% | $2.0M | $9.7M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0291% | 1h | 0.04743 | +0.169% | $16K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0230% | 4h | 0.04739 | +0.084% | $10.9M | $9.1M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0216% | 1h | 0.04738 | +0.063% | $34K | $251K | 5x | as long as short |
| Nado CHIP-PERP | −0.0109% | 1h | 0.04731 | −0.084% | $239K | $20K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0045% | 1h | 0.04738 | +0.057% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | −0.0003% | 4h | 0.04738 | +0.056% | $56K | $279K | 5x | as long as short |
| MEXC CHIP_USDTlong | +0.0086% | 4h | 0.04735 | long leg | $1.8M | $1.2M | 50x | |
| Extended CHIP-USD | +0.0088% | 1h | 0.04734 | −0.028% | $215K | $1.9M | 5x | as long as short |
Phoenix CHIP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0090% | 4h | 0.04733 | −0.042% | $14.3M | $27.0M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04736 | +0.021% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04741 | +0.133% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04739 | +0.091% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04738 | +0.063% | $686K | $992K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04738 | +0.063% | $985K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04735 | 0.000% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04733 | −0.042% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04751 | +0.341% | $844K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04733 | −0.042% | $648 | $1.0M | 10x | as long as short |
| BloFin CHIP-USDTshort | +0.0119% | 4h | 0.04741 | +0.127% | $569K | $66K | 50x | |
| Aftermath Perps CHIPUSD | +0.0126% | 1h | 0.04745 | +0.218% | $125 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04765 | +0.634% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX