Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Variational Omni−0.159%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now −0.159%, 7d avg −0.042%
=Together, before fees−0.070%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.117% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04585 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $844K | $472K | — |
| Short | Binance CHIPUSDT | 0.04578 | −0.0118 | pay 0.0059% / 4h | 1h 41m | $13.8M | $25.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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: −0.159% → −0.042%
- −$11.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.49
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Binance: live order book, 14 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 Variational Omni RFQ quote, 42 min ago | 7.58 bp | doesn't fit | 128.9 bp −$1,289 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.10 bp | 19.8 bp −$20 | 83.4 bp −$834 | 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 | −0.1258% | 1h | 0.04579 | −0.132% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04586 | +0.020% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0236% | 4h | 0.04580 | −0.110% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0208% | 1h | 0.04583 | −0.048% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0182% | 1h | 0.04581 | −0.089% | $229K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0133% | 4h | 0.04577 | −0.176% | $538K | $67K | 50x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04579 | −0.139% | $209K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0120% | 4h | 0.04576 | −0.198% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDTshort | −0.0118% | 4h | 0.04578 | −0.159% | $13.8M | $25.9M | 50x | |
| Bybit CHIPUSDT | −0.0082% | 4h | 0.04581 | −0.089% | $10.7M | $9.0M | 20x | as long as short |
Show 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 | −0.023% | $14K | $248K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04585 | +0.007% | $10K | $25K | 10x | as long as short |
| Aster CHIPUSDT | +0.0038% | 4h | 0.04582 | −0.064% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04582 | −0.067% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04587 | +0.036% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04584 | −0.028% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04583 | −0.045% | $678K | $902K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04580 | −0.110% | $974K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04581 | −0.089% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04580 | −0.110% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04585 | long leg | $844K | $472K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04571 | −0.307% | $1K | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.739% | $46K | $41K | 50x | as long as short |
Variational Omni CHIP
Binance CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDT
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX