Funding you earn now, next payment 00:00 UTC+0.0263%/8h= +28.8% APRnext payment +$1.32 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against OKX−0.019%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 5 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.019%, 7d avg +0.057%
=Together, before fees+0.093%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.076% cheaper against OKX than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.057%). If the spread goes back, that is −$8 on $10k: about 23 hours of funding at the current rate (+$8 a day). At the pace of the last 5 days (+0.036% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.036% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04572 | −0.0258 | get 0.0129% / 4h | 1h 56m | $1.9M | $9.1M | 20x |
| Short | Aster CHIPUSDT | 0.04571 | 0.0005 | get 0.0003% / 4h | 1h 56m | $47K | $229K | 5x |
OKX CHIP-USDT-SWAP
Aster CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $55.28
- Price spread: −0.019% → +0.057%
- −$7.56
- Slippage, 4 orders
- −$81.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$51.69
- Costs to cover
- 0.994%
- Break-even
- 13.5 days
Slippage from OKX: live order book, 2 min ago; Aster: live order book, 25 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, 2 min ago | 1.10 bp | 13.5 bp −$14 | 229.2 bp −$2,292 | doesn't fit | doesn't fit |
| Sell Aster live order book, 25 min ago | 3.26 bp | 29.1 bp −$29 | doesn't fit | 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 | −0.0853% | 1h | 0.04570 | −0.044% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0656% | 1h | 0.04540 | −0.700% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0258% | 4h | 0.04572 | long leg | $1.9M | $9.1M | 20x | |
| Nado CHIP-PERP | −0.0233% | 1h | 0.04567 | −0.109% | $229K | $18K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0192% | 4h | 0.04572 | 0.000% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04548 | −0.525% | $3K | $143K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0159% | 1h | 0.04560 | −0.272% | $109 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0141% | 4h | 0.04556 | −0.350% | $544K | $65K | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04569 | −0.070% | $207K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0128% | 4h | 0.04567 | −0.109% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Bybit CHIPUSDT
Phoenix CHIP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
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 | −0.0126% | 4h | 0.04566 | −0.131% | $13.8M | $26.0M | 50x | as long as short |
| Aster CHIPUSDTshort | +0.0005% | 4h | 0.04571 | −0.019% | $47K | $229K | 5x | |
| Lighter CHIP | +0.0096% | 1h | 0.04571 | −0.022% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04574 | +0.042% | $14.4M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04571 | −0.024% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04567 | −0.109% | $677K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04568 | −0.087% | $977K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04570 | −0.044% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04571 | −0.022% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04545 | −0.583% | $835K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04564 | −0.175% | $1K | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0187% | 1h | 0.04576 | +0.085% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +4.035% | $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
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX