Funding you earn now, next payment 22:00 UTC+0.0077%/8h= +8.5% APRpaid last 24h −0.002%
Price spread now: Extended against OKX+0.011%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.011%, 7d avg −0.047%
=Together, before fees+0.022%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.057% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04610 | −0.0141 | get 0.0071% / 4h | 2h 56m | $1.9M | $9.1M | 20x |
| Short | Extended CHIP-USD | 0.04610 | −0.0064 | pay 0.0008% / 1h | 56m 14s | $210K | $1.3M | 5x |
OKX CHIP-USDT-SWAP
Extended CHIP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $16.25
- Price spread: +0.011% → −0.047%
- $5.72
- Slippage, 4 orders
- −$93.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$86.81
- Costs to cover
- 1.088%
- Break-even
- 44.4 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 2 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 | 2.16 bp | 13.6 bp −$14 | 150.0 bp −$1,500 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.68 bp | 37.8 bp −$38 | 262.4 bp −$2,624 | 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 | −0.1835% | 1h | 0.04618 | +0.174% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0544% | 1h | 0.04629 | +0.412% | $14K | $249K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0428% | 4h | 0.04618 | +0.174% | $10.8M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04628 | +0.390% | $3K | $142K | 5x | as long as short |
| Nado CHIP-PERP | −0.0242% | 1h | 0.04610 | 0.000% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0141% | 4h | 0.04610 | long leg | $1.9M | $9.1M | 20x | |
| Extended CHIP-USDshort | −0.0064% | 1h | 0.04610 | +0.011% | $210K | $1.3M | 5x | |
| Binance CHIPUSDT | −0.0063% | 4h | 0.04610 | 0.000% | $13.9M | $25.5M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0060% | 4h | 0.04610 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| Aster CHIPUSDT | −0.0060% | 4h | 0.04625 | +0.321% | $41K | $222K | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
Binance CHIPUSDT
MEXC CHIP_USDT
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.0056% | 4h | 0.04615 | +0.108% | $499K | $70K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04620 | +0.226% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04618 | +0.174% | $86K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04622 | +0.262% | $15.0M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04620 | +0.217% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04624 | +0.304% | $703K | $890K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04623 | +0.282% | $989K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04617 | +0.152% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04614 | +0.087% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04633 | +0.490% | $843K | $463K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04609 | −0.022% | $857 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0108% | 1h | 0.04630 | +0.439% | $53 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.178% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
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