Funding you earn now, next payment 23:00 UTC−0.0132%/8h= −14.4% APRpaid last 24h −0.070%
Price spread now: ApeX Omni against SunX−0.044%73s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as 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−$2872.870% of the position
Funding, last 7 days−0.439%−$44 on $10k
+Price spread, last 3 days (all we have)−0.335%−$33 · spread now −0.044%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.056% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 73 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 | SunX CHIP-USDT | 0.04579 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $832 | $1.1M | 10x |
| Short | ApeX Omni CHIPUSDT | 0.04577 | −0.0032 | pay 0.0004% / 1h | 44m 00s | $14K | $248K | 50x |
SunX CHIP-USDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SunX. 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
- −$27.65
- Price spread: −0.044% → +0.012%
- −$5.57
- Slippage, 4 orders
- −$268.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$320.18
- Costs to cover
- 2.870%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; ApeX Omni: live order book, 38 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 SunX live order book, 9 min ago | 47.00 bp | 125.6 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 6.52 bp | 17.8 bp −$18 | 127.8 bp −$1,278 | 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 | −0.1223% | 1h | 0.04580 | +0.022% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04575 | −0.087% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0241% | 4h | 0.04581 | +0.044% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0210% | 1h | 0.04583 | +0.081% | $146 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0201% | 1h | 0.04581 | +0.033% | $229K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0124% | 4h | 0.04591 | +0.262% | $539K | $67K | 50x | as long as short |
| MEXC CHIP_USDT | −0.0122% | 4h | 0.04581 | +0.044% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | −0.0120% | 4h | 0.04577 | −0.044% | $13.8M | $26.0M | 50x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04582 | +0.072% | $209K | $1.3M | 5x | as long as short |
| Bybit CHIPUSDT | −0.0107% | 4h | 0.04582 | +0.066% | $10.7M | $9.0M | 20x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
BloFin CHIP-USDT
MEXC CHIP_USDT
Binance CHIPUSDT
Extended CHIP-USD
Bybit CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTshort | −0.0032% | 1h | 0.04577 | −0.044% | $14K | $248K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04586 | +0.146% | $10K | $25K | 10x | as long as short |
| Aster CHIPUSDT | +0.0032% | 4h | 0.04586 | +0.153% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04584 | +0.109% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04588 | +0.197% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04582 | +0.066% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04586 | +0.153% | $678K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04583 | +0.087% | $975K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04585 | +0.131% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04579 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04585 | +0.132% | $844K | $472K | — | as long as short |
| SunX CHIP-USDTlong | +0.0100% | 4h | 0.04579 | long leg | $832 | $1.1M | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.876% | $46K | $41K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Coinbase International CHIP-PERP-INTX