Funding you earn now, next payment 04:00 UTC+0.0415%/8h= +45.4% APRnext payment +$2.07 per $10,000 · paid last 24h +0.007%
Price spread now: SunX against OKX+0.021%47s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2932.934% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.356%+$36 · spread now +0.021%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and SunX is 0.038% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 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 | 0.04742 | −0.0315 | get 0.0157% / 4h | 2m 37s | $2.0M | $9.8M | 20x |
| Short | SunX CHIP-USDT | 0.04743 | 0.0100 | get 0.0050% / 4h | 2m 37s | $975 | $1.0M | 10x |
OKX CHIP-USDT-SWAP
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $87.11
- Price spread: +0.021% → −0.017%
- $3.79
- Slippage, 4 orders
- −$275.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$202.49
- Costs to cover
- 2.934%
- Break-even
- 23.3 days
Slippage from OKX: live order book, 6 min ago; SunX: live order book, 10 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 | 2.10 bp | 16.5 bp −$17 | 261.5 bp −$2,615 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 48.36 bp | 131.0 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0510% | 1h | 0.04746 | +0.084% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0315% | 4h | 0.04742 | long leg | $2.0M | $9.8M | 20x | |
| ApeX Omni CHIPUSDT | −0.0289% | 1h | 0.04727 | −0.316% | $16K | $244K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0276% | 1h | 0.04749 | +0.148% | $34K | $251K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0241% | 4h | 0.04742 | 0.000% | $10.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0115% | 1h | 0.04736 | −0.127% | $240K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0007% | 4h | 0.04742 | −0.004% | $56K | $279K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04748 | +0.120% | $10K | $24K | 10x | as long as short |
| Extended CHIP-USD | +0.0080% | 1h | 0.04736 | −0.123% | $215K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0082% | 4h | 0.04739 | −0.063% | $1.8M | $1.2M | 50x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Nado CHIP-PERP
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
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 | +0.0082% | 4h | 0.04739 | −0.063% | $14.3M | $27.0M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04741 | −0.021% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04748 | +0.122% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04740 | −0.034% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04743 | +0.021% | $687K | $992K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04743 | +0.021% | $985K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04742 | 0.000% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04739 | −0.063% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04723 | −0.408% | $839K | $527K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04743 | +0.021% | $975 | $1.0M | 10x | |
| BloFin CHIP-USDT | +0.0119% | 4h | 0.04740 | −0.042% | $567K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0129% | 1h | 0.04744 | +0.047% | $100 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04759 | +0.354% | $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
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX