Funding you earn now, next payment 04:00 UTC+0.0375%/8h= +41.0% APRnext payment +$1.87 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against OKX+0.640%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.640%, 7d avg +0.048%
=Together, before fees+0.188%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Variational Omni is 0.592% dearer against OKX than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.070% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 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 | 0.04786 | −0.0275 | get 0.0137% / 4h | 1h 17m | $2.1M | $9.6M | 20x |
| Short | Variational Omni CHIP | 0.04817 | 0.0100 | get 0.0050% / 4h | 1h 17m | $857K | $529K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $78.71
- Price spread: +0.640% → +0.048%
- $59.16
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $127.87
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 46 min ago. 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, 5 min ago | 3.12 bp | 23.9 bp −$24 | 345.2 bp −$3,452 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 46 min ago | 4.21 bp | doesn't fit | 204.1 bp −$2,041 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0599% | 4h | 0.04790 | +0.084% | $11.1M | $8.9M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0535% | 1h | 0.04815 | +0.606% | $17K | $245K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0414% | 1h | 0.04790 | +0.084% | $26K | $237K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04798 | +0.251% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0275% | 4h | 0.04786 | long leg | $2.1M | $9.6M | 20x | |
| Aster CHIPUSDT | −0.0054% | 4h | 0.04797 | +0.240% | $47K | $271K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04797 | +0.234% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDT | +0.0095% | 4h | 0.04787 | +0.021% | $571K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04791 | +0.104% | $89K | $107K | 3x | as long as short |
| Extended CHIP-USD | +0.0096% | 1h | 0.04785 | −0.015% | $221K | $1.9M | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0099% | 4h | 0.04787 | +0.021% | $14.5M | $26.4M | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04803 | +0.353% | $15.1M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04797 | +0.226% | $14K | $689 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04796 | +0.209% | $708K | $950K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04792 | +0.125% | $1.9M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04792 | +0.125% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04794 | +0.167% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04787 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIPshort | +0.0100% | 4h | 0.04817 | +0.640% | $857K | $529K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04792 | +0.125% | $728 | $1.0M | 10x | as long as short |
| Nado CHIP-PERP | +0.0101% | 1h | 0.04787 | +0.031% | $241K | $19K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0422% | 1h | 0.04801 | +0.311% | $84 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04855 | +1.438% | $47K | $42K | 50x | as long as short |
OKX CHIP-USDT-SWAP
Variational Omni CHIP
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Lighter CHIP
Extended CHIP-USD
Binance CHIPUSDT
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX