CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.38 per $10,000 · paid last 24h −0.014%

Price spread now: Bybit against MEXC+0.086%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$820.823% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days+0.050%+$5 · spread now +0.086%, 7d avg +0.079%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CHIP_USDT	0.04645	0.0100	pay 0.0050% / 4h	10m 05s	$1.8M	$1.1M	50x
Short	Bybit CHIPUSDT	0.04649	0.0025	get 0.0012% / 4h	10m 05s	$10.8M	$8.9M	20x

Funding history

latest

Range statsloading…

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now +0.086%Rate

Slippage from MEXC: live order book, 6 min ago; Bybit: live order book, 3 min ago.

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, 6 min ago	2.15 bp	10.9 bp −$11	53.1 bp −$531	251.4 bp −$25.1K	813.0 bp −$406.5K
Sell Bybit live order book, 3 min ago	2.15 bp	29.4 bp −$29	131.0 bp −$1,310	doesn't fit	doesn't fit

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	−0.1376%	1h	0.04646	+0.022%	$15K	$236K	5x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04653	+0.172%	$3K	$140K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0118%	1h	0.04647	+0.043%	$14K	$248K	50x	as long as short
OKX CHIP-USDT-SWAP	−0.0070%	4h	0.04642	−0.065%	$1.9M	$9.2M	20x	as long as short
Bybit CHIPUSDTshort	+0.0025%	4h	0.04649	+0.086%	$10.8M	$8.9M	20x
Lighter CHIP	+0.0096%	1h	0.04647	+0.043%	$86K	$108K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04660	+0.327%	$14.7M	$6.8M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04646	+0.022%	$47K	$240K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04646	+0.032%	$13K	$628	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04644	−0.014%	$14.0M	$26.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CHIP_USDT	+0.0100%	4h	0.04644	−0.022%	$686K	$914K	50x	as long as short
MEXC CHIP_USDTlong	+0.0100%	4h	0.04645	long leg	$1.8M	$1.1M	50x
KuCoin CHIPUSDTM	+0.0100%	4h	0.04644	−0.022%	$979K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04646	+0.022%	$2.0M	$3.2M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04644	−0.022%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04640	−0.101%	$869K	$468K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04642	−0.065%	$792	$1.1M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04644	−0.030%	$211K	$1.3M	5x	as long as short
BloFin CHIP-USDT	+0.0109%	4h	0.04637	−0.172%	$548K	$66K	50x	as long as short
Nado CHIP-PERP	+0.0143%	1h	0.04646	+0.022%	$232K	$18K	5x	as long as short
Aftermath Perps CHIPUSD	+0.0216%	1h	0.04658	+0.272%	$120	$39K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0567%	1h	0.04653	+0.177%	$10K	$24K	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0840%	1h	0.04715	+1.511%	$45K	$40K	50x	as long as short