Funding you earn now, next payment 23:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.067%
Price spread now: Binance against ApeX Omni+0.221%49s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as 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−$640.639% of the position
Funding, last 7 days+0.421%+$42 on $10k
+Price spread, last 3 days (all we have)−0.267%−$27 · spread now +0.221%, 7d avg −0.007%
=The price spread pays, funding is against you. Binance is 0.228% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.221% now, against its 7-day average of −0.007%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.421%, so the current rate has only just turned against you. The two prices were read 49 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 | ApeX Omni CHIPUSDT | 0.04593 | −0.0011 | get 0.0001% / 1h | 20m 47s | $14K | $247K | 50x |
| Short | Binance CHIPUSDT | 0.04603 | −0.0054 | pay 0.0027% / 4h | 1h 20m | $13.8M | $26.0M | 50x |
ApeX Omni CHIPUSDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX 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
- −$8.95
- Price spread: +0.221% → −0.007%
- $22.77
- Slippage, 4 orders
- −$43.95
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.13
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 61 min ago; Binance: live order book, 5 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 ApeX Omni live order book, 61 min ago | 6.52 bp | 14.1 bp −$14 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.09 bp | 16.6 bp −$17 | 67.8 bp −$678 | 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 | −0.1263% | 1h | 0.04607 | +0.305% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04593 | 0.000% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0157% | 4h | 0.04610 | +0.370% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0147% | 1h | 0.04601 | +0.176% | $71 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0113% | 1h | 0.04609 | +0.337% | $231K | $18K | 5x | as long as short |
| MEXC CHIP_USDT | −0.0064% | 4h | 0.04605 | +0.261% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | −0.0056% | 1h | 0.04607 | +0.296% | $210K | $1.3M | 5x | as long as short |
| Binance CHIPUSDTshort | −0.0054% | 4h | 0.04603 | +0.221% | $13.8M | $26.0M | 50x | |
| BloFin CHIP-USDT | −0.0027% | 4h | 0.04605 | +0.261% | $543K | $67K | 50x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0011% | 1h | 0.04593 | long leg | $14K | $247K | 50x |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
MEXC CHIP_USDT
Extended CHIP-USD
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04610 | +0.368% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0055% | 4h | 0.04608 | +0.327% | $10.7M | $9.0M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04606 | +0.283% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04615 | +0.479% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04611 | +0.387% | $48K | $230K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04614 | +0.464% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04611 | +0.392% | $681K | $909K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04609 | +0.348% | $984K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04608 | +0.327% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04609 | +0.348% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04597 | +0.085% | $846K | $455K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04605 | +0.261% | $852 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.934% | $45K | $40K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX