CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0142%/8h= −15.5% APRnext payment −$0.71 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against MEXC+0.084%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1411.415% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.187%−$19 on $10k

Price spread, last 7 days−0.010%−$1 · spread now +0.084%, 7d avg +0.062%

Together, before fees−0.197%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.021% dearer against MEXC than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.062%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CHIP_USDT	0.04778	0.0100	pay 0.0050% / 4h	1h 34m	$1.8M	$1.0M	50x
Short	KuCoin CHIPUSDTM	0.04782	−0.0042	pay 0.0021% / 4h	1h 34m	$1.0M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$29.82
Price spread: +0.084% → +0.062%: $2.13
Slippage, 4 orders: −$129.48
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$169.18
Costs to cover: 1.415%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 10 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	2.11 bp	12.6 bp −$13	71.3 bp −$713	254.4 bp −$25.4K	696.4 bp −$348.2K
Sell KuCoin live order book, 10 min ago	9.48 bp	44.2 bp −$44	473.4 bp −$4,734	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
Bybit CHIPUSDT	−0.0419%	4h	0.04778	0.000%	$10.8M	$9.2M	20x	as long as short
ApeX Omni CHIPUSDT	−0.0399%	1h	0.04761	−0.356%	$17K	$246K	50x	as long as short
OKX CHIP-USDT-SWAP	−0.0201%	4h	0.04774	−0.084%	$2.1M	$9.8M	20x	as long as short
Phoenix CHIP	−0.0171%	1h	0.04761	−0.356%	$3K	$128K	5x	as long as short
Nado CHIP-PERP	−0.0135%	1h	0.04748	−0.628%	$240K	$18K	5x	as long as short
KuCoin CHIPUSDTMshort	−0.0042%	4h	0.04782	+0.084%	$1.0M	$1.2M	50x
Aftermath Perps CHIPUSD	−0.0007%	1h	0.04757	−0.446%	$123	$36K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04761	−0.362%	$10K	$24K	10x	as long as short
BloFin CHIP-USDT	+0.0075%	4h	0.04755	−0.481%	$567K	$91K	50x	as long as short
Lighter CHIP	+0.0096%	1h	0.04784	+0.126%	$99K	$107K	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CHIP	+0.0100%	1h	0.04786	+0.167%	$14.8M	$6.0M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04777	−0.014%	$55K	$272K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04780	+0.048%	$16K	$4K	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04773	−0.096%	$14.3M	$27.1M	50x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04784	+0.126%	$684K	$968K	50x	as long as short
MEXC CHIP_USDTlong	+0.0100%	4h	0.04778	long leg	$1.8M	$1.0M	50x
Bitget CHIPUSDT	+0.0100%	4h	0.04778	0.000%	$2.0M	$3.4M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04775	−0.063%	—	$1.9M	—	as long as short
Backpack CHIP_USDC_PERP	+0.0100%	1h	0.04775	−0.063%	$35K	$231K	5x	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04744	−0.708%	$860K	$445K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04746	−0.670%	$723	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04773	−0.097%	$217K	$1.0M	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0952%	1h	0.04797	+0.387%	$46K	$38K	50x	as long as short