Funding you earn now, next payment 04:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.071%
Price spread now: ApeX Omni against OKX+0.106%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.106%, 7d avg +0.015%
=The price spread pays, funding is against you. ApeX Omni is 0.091% dearer against OKX than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.015%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04711 | −0.0389 | get 0.0194% / 4h | 27m 21s | $2.0M | $9.6M | 20x |
| Short | ApeX Omni CHIPUSDT | 0.04716 | −0.0501 | pay 0.0063% / 1h | 27m 21s | $16K | $245K | 50x |
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- −$23.57
- Price spread: +0.106% → +0.015%
- $9.08
- Slippage, 4 orders
- −$69.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$104.44
- Costs to cover
- 0.900%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; ApeX Omni: live order book, 29 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 OKX live order book, 6 min ago | 1.06 bp | 22.3 bp −$22 | 335.4 bp −$3,354 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 29 min ago | 7.41 bp | 16.0 bp −$16 | 134.9 bp −$1,349 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0682% | 1h | 0.04712 | +0.021% | $33K | $247K | 5x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04695 | −0.340% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0501% | 1h | 0.04716 | +0.106% | $16K | $245K | 50x | |
| Bybit CHIPUSDT | −0.0468% | 4h | 0.04716 | +0.106% | $10.8M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0389% | 4h | 0.04711 | long leg | $2.0M | $9.6M | 20x | |
| Deribit CHIP_USDC-PERPETUAL | −0.0258% | 1h | 0.04718 | +0.157% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | −0.0127% | 1h | 0.04710 | −0.011% | $238K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0079% | 4h | 0.04716 | +0.106% | $53K | $276K | 5x | as long as short |
| Extended CHIP-USD | +0.0056% | 1h | 0.04712 | +0.028% | $214K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0058% | 4h | 0.04710 | −0.021% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Aster CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0059% | 4h | 0.04721 | +0.212% | $14.2M | $26.9M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0093% | 4h | 0.04715 | +0.085% | $561K | $64K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04724 | +0.276% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04722 | +0.225% | $14.6M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04716 | +0.106% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04714 | +0.064% | $693K | $963K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04713 | +0.042% | $987K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04713 | +0.042% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04710 | −0.021% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04711 | −0.007% | $838K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04709 | −0.042% | $718 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0211% | 1h | 0.04706 | −0.114% | $132 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.052% | $47K | $42K | 50x | as long as short |
Binance CHIPUSDT
BloFin CHIP-USDT
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