Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.7% APRnext payment +$1.22 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against OKX+0.046%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.157%−$16 · spread now +0.046%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.094% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.047%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 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 | 0.04777 | −0.0144 | get 0.0072% / 4h | 14m 42s | $2.2M | $9.5M | 20x |
| Short | Binance CHIPUSDT | 0.04779 | 0.0100 | get 0.0050% / 4h | 14m 42s | $14.3M | $26.8M | 50x |
OKX CHIP-USDT-SWAP
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $51.16
- Price spread: +0.046% → −0.047%
- $9.37
- Slippage, 4 orders
- −$73.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.15
- Costs to cover
- 0.937%
- Break-even
- 11.5 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 12 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, 3 min ago | 1.05 bp | 17.3 bp −$17 | 296.8 bp −$2,968 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.05 bp | 31.1 bp −$31 | 99.0 bp −$990 | 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 | −0.0335% | 1h | 0.04775 | −0.042% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0292% | 1h | 0.04768 | −0.188% | $17K | $247K | 50x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0144% | 4h | 0.04777 | long leg | $2.2M | $9.5M | 20x | |
| Bybit CHIPUSDT | −0.0090% | 4h | 0.04782 | +0.105% | $10.9M | $9.0M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0082% | 4h | 0.04782 | +0.105% | $996K | $1.1M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0009% | 1h | 0.04773 | −0.074% | $87 | $36K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04786 | +0.180% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | +0.0012% | 1h | 0.04779 | +0.042% | $242K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04784 | +0.147% | $99K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04792 | +0.310% | $14.8M | $5.9M | 3x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04784 | +0.141% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04785 | +0.176% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDTshort | +0.0100% | 4h | 0.04779 | +0.046% | $14.3M | $26.8M | 50x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04781 | +0.084% | $680K | $977K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04780 | +0.063% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04781 | +0.084% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04778 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04782 | +0.110% | $921K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04780 | +0.063% | $725 | $1.0M | 10x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0101% | 1h | 0.04786 | +0.188% | $26K | $214K | 5x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04778 | +0.018% | $220K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0111% | 4h | 0.04772 | −0.105% | $573K | $100K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.304% | $46K | $37K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Backpack CHIP_USDC_PERP
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX