Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against SunX+0.422%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$3373.369% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 3 days (all we have)−0.514%−$51 · spread now +0.422%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.341% dearer against SunX than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CHIP-USDT | 0.04741 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $898 | $1.0M | 10x |
| Short | Bybit CHIPUSDT | 0.04761 | 0.0100 | get 0.0050% / 4h | 2h 11m | $11.1M | $8.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.422% → +0.081%
- $34.11
- Slippage, 4 orders
- −$317.87
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$302.77
- Costs to cover
- 3.369%
- Break-even
- never at this rate
Slippage from SunX: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago | 47.40 bp | 126.4 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.17 bp | 42.8 bp −$43 | 166.8 bp −$1,668 | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1372% | 1h | 0.04755 | +0.295% | $16K | $221K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04720 | −0.443% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0123% | 1h | 0.04727 | −0.295% | $16K | $244K | 50x | as long as short |
| Nado CHIP-PERP | −0.0063% | 1h | 0.04746 | +0.116% | $239K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0031% | 4h | 0.04755 | +0.295% | $2.0M | $9.4M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04762 | +0.447% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04754 | +0.274% | $88K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04769 | +0.582% | $15.0M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04757 | +0.344% | $37K | $260K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04745 | +0.093% | $14K | $604 | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04762 | +0.439% | $14.3M | $26.1M | 50x | as long as short |
| Bybit CHIPUSDTshort | +0.0100% | 4h | 0.04761 | +0.422% | $11.1M | $8.7M | 20x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04749 | +0.169% | $696K | $961K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04759 | +0.380% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04756 | +0.316% | $994K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04762 | +0.443% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04758 | +0.359% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04716 | −0.525% | $894K | $467K | — | as long as short |
| SunX CHIP-USDTlong | +0.0100% | 4h | 0.04741 | long leg | $898 | $1.0M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04759 | +0.376% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0436% | 1h | 0.04722 | −0.393% | $145 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04766 | +0.538% | $46K | $41K | 50x | as long as short |
SunX CHIP-USDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX