Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against SunX+0.131%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$368as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3473.471% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.211%−$21 on $10k
Price spread, last 3 days (all we have)−0.261%−$26 · spread now +0.131%, 7d avg +0.075%
Together, before fees−0.473%−$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.056% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.045710.0100pay 0.0050% / 4h1h 43m$1K$1.1M10x
ShortKuCoin CHIPUSDTM0.045770.0100get 0.0050% / 4h1h 43m$973K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.131% → +0.075%
$5.62
Slippage, 4 orders
−$327.11
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$341.5
Costs to cover
3.471%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago47.00 bp125.6 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.55 bp40.2 bp −$40467.2 bp −$4,672doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.1252%1h0.04578+0.153%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04586+0.328%$3K$143K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0252%1h0.04576+0.112%$10K$25K10xas long as short
OKX CHIP-USDT-SWAP−0.0240%4h0.04581+0.219%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSD−0.0206%1h0.04583+0.253%$110$39K5xas long as short
Nado CHIP-PERP−0.0192%1h0.04577+0.142%$229K$18K5xas long as short
BloFin CHIP-USDT−0.0133%4h0.04577+0.131%$538K$67K50xas long as short
Binance CHIPUSDT−0.0121%4h0.04578+0.153%$13.8M$25.9M50xas long as short
Extended CHIP-USD−0.0120%1h0.04583+0.256%$209K$1.3M5xas long as short
MEXC CHIP_USDT−0.0120%4h0.04576+0.109%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT−0.0098%4h0.04582+0.241%$10.7M$9.0M20xas long as short
ApeX Omni CHIPUSDT−0.0006%1h0.04584+0.284%$14K$248K50xas long as short
Aster CHIPUSDT+0.0032%4h0.04579+0.165%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04578+0.153%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04587+0.341%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04580+0.197%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04581+0.219%$678K$902K50xas long as short
KuCoin CHIPUSDTMshort+0.0100%4h0.04577+0.131%$973K$1.0M50x
Bitget CHIPUSDT+0.0100%4h0.04583+0.263%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04581+0.219%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04585+0.308%$844K$472Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04571long leg$1K$1.1M10x
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+4.058%$46K$41K50xas long as short