Funding you earn now, next payment 23:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.002%
Price spread now: Binance against Pacifica−0.081%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.081% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04581 | 0.0100 | pay 0.0013% / 1h | 41m 27s | $13K | $628 | 3x |
| Short | Binance CHIPUSDT | 0.04577 | −0.0118 | pay 0.0059% / 4h | 1h 41m | $13.8M | $25.9M | 50x |
Pacifica CHIP
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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
- −$45.81
- Price spread: −0.081% → 0.000%
- −$8.13
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.94
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 15 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 1.10 bp | 19.8 bp −$20 | 83.4 bp −$834 | doesn't fit | doesn't fit |
Pacifica: 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 | −0.1258% | 1h | 0.04579 | −0.035% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04581 | +0.009% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0236% | 4h | 0.04578 | −0.057% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0208% | 1h | 0.04582 | +0.038% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0176% | 1h | 0.04579 | −0.035% | $229K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0133% | 4h | 0.04577 | −0.079% | $538K | $67K | 50x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04579 | −0.043% | $209K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0120% | 4h | 0.04576 | −0.100% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDTshort | −0.0118% | 4h | 0.04577 | −0.081% | $13.8M | $25.9M | 50x | |
| Bybit CHIPUSDT | −0.0073% | 4h | 0.04581 | +0.009% | $10.7M | $8.9M | 20x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDT
Bybit CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0006% | 1h | 0.04584 | +0.074% | $14K | $248K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04585 | +0.105% | $10K | $25K | 10x | as long as short |
| Aster CHIPUSDT | +0.0038% | 4h | 0.04584 | +0.065% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04582 | +0.031% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04587 | +0.129% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04581 | long leg | $13K | $628 | 3x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04582 | +0.031% | $678K | $902K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04580 | −0.013% | $979K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04580 | −0.013% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04578 | −0.057% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04585 | +0.097% | $844K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04571 | −0.210% | $1K | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.840% | $46K | $41K | 50x | as long as short |
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX