Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.6% APRpaid last 24h +0.002%
Price spread now: BloFin against Pacifica+0.022%94s7-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
=The price spread pays, funding is against you. BloFin is 0.022% dearer against Pacifica than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04611 | 0.0100 | pay 0.0013% / 1h | 59m 38s | $13K | $628 | 3x |
| Short | BloFin CHIP-USDT | 0.04612 | −0.0060 | pay 0.0030% / 4h | 59m 38s | $541K | $67K | 50x |
Pacifica CHIP
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$33.7
- Price spread: +0.022% → 0.000%
- $2.17
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.53
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; BloFin: live order book, 16 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 BloFin live order book, 16 min ago | 1.09 bp | 16.6 bp −$17 | 45.4 bp −$454 | 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 | −0.1219% | 1h | 0.04613 | +0.043% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04609 | −0.043% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0146% | 1h | 0.04614 | +0.076% | $231K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0122% | 1h | 0.04613 | +0.039% | $113 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0117% | 4h | 0.04611 | 0.000% | $1.9M | $9.1M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0075% | 1h | 0.04614 | +0.063% | $10K | $25K | 10x | as long as short |
| BloFin CHIP-USDTshort | −0.0060% | 4h | 0.04612 | +0.022% | $541K | $67K | 50x | |
| ApeX Omni CHIPUSDT | −0.0051% | 1h | 0.04610 | −0.022% | $14K | $247K | 50x | as long as short |
| Extended CHIP-USD | −0.0016% | 1h | 0.04607 | −0.096% | $210K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0012% | 4h | 0.04608 | −0.065% | $1.8M | $1.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
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 | −0.0009% | 4h | 0.04611 | 0.000% | $13.8M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0067% | 4h | 0.04612 | +0.022% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04612 | +0.022% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04616 | +0.115% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04612 | +0.019% | $49K | $231K | 5x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04611 | long leg | $13K | $628 | 3x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04612 | +0.022% | $681K | $903K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04612 | +0.022% | $987K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04611 | 0.000% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04608 | −0.065% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04609 | −0.035% | $849K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04612 | +0.022% | $695 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.540% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX