Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.072%
Price spread now: Deribit against OKX+0.171%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.171% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04673 | −0.0063 | get 0.0032% / 4h | 30m 43s | $1.9M | $9.3M | 20x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04681 | 0 | get 0.0000% / 1h | 30m 43s | $10K | $24K | 10x |
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $13.27
- Price spread: +0.171% → 0.000%
- $17.12
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $13.39
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
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 | 1.07 bp | 26.8 bp −$27 | 274.6 bp −$2,746 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1327% | 1h | 0.04677 | +0.086% | $14K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04696 | +0.492% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0137% | 1h | 0.04691 | +0.385% | $14K | $248K | 50x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0063% | 4h | 0.04673 | long leg | $1.9M | $9.3M | 20x | |
| Aftermath Perps CHIPUSD | −0.0031% | 1h | 0.04696 | +0.483% | $87 | $39K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | 0.0000% | 1h | 0.04681 | +0.171% | $10K | $24K | 10x | |
| Bybit CHIPUSDT | +0.0030% | 4h | 0.04677 | +0.086% | $10.9M | $8.9M | 20x | as long as short |
| MEXC CHIP_USDT | +0.0036% | 4h | 0.04676 | +0.064% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0040% | 1h | 0.04674 | +0.015% | $214K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0042% | 4h | 0.04675 | +0.043% | $14.0M | $26.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Aftermath Perps CHIPUSD
Bybit CHIPUSDT
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | +0.0074% | 4h | 0.04678 | +0.107% | $550K | $66K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04678 | +0.107% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04689 | +0.334% | $14.8M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04683 | +0.205% | $50K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04680 | +0.150% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04682 | +0.193% | $693K | $912K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04675 | +0.043% | $985K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04677 | +0.086% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04675 | +0.043% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04678 | +0.106% | $877K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04677 | +0.086% | $654 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0302% | 1h | 0.04677 | +0.096% | $234K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04739 | +1.406% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX