CHIP

Alert

Funding spread now, next payment 15:00 UTC+0.1726%/8h

next payment, per $10,000+$2.16paid, last 24h+0.278%paid, last 5 days+1.281%to open and closeno order book

Long on ApeX Omni Short on Coinbase International

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CHIPUSDT	0.04665	−0.0550	get 0.0069% / 1h	3m 41s	$12K	$247K	50x
Short	Coinbase International CHIP-PERP-INTX	0.04705	0.1176	get 0.0147% / 1h	3m 41s	$51K	$36K	50x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersRate

Funding earned: $362.36
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $342.36
Break-even: 0.4 days

Slippage unknown: ApeX Omni: live order book, 44 min ago; Coinbase International: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.862%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 44 min ago	5.27 bp	15.7 bp −$16	130.3 bp −$1,303	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CHIP on 23 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni CHIPUSDTlong	−0.0550%	1h	$12K	$247K	50x
Bybit CHIPUSDT	−0.0210%	4h	$11.2M	$10.7M	20x	as long as short
Phoenix CHIP	−0.0168%	1h	$3K	$174K	5x	as long as short
BloFin CHIP-USDT	+0.0070%	4h	$577K	$160K	50x	as long as short
Lighter CHIP	+0.0096%	1h	$88K	$110K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	$15.1M	$7.0M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	$45K	$216K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	$13K	$784	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	$14.4M	$26.5M	50x	as long as short
OKX CHIP-USDT-SWAP	+0.0100%	4h	$2.0M	$9.8M	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate CHIP_USDT	+0.0100%	4h	$695K	$884K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	$2.1M	$1.4M	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	$1.0M	$1.3M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	$1.9M	$2.8M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	—	$1.9M	—	as long as short
Backpack CHIP_USDC_PERP	+0.0100%	1h	$19K	$233K	5x	as long as short
Variational Omni CHIP	+0.0100%	4h	$908K	$452K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	$660	$1.1M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	$213K	$1.3M	5x	as long as short
Aftermath Perps CHIPUSD	+0.0123%	1h	$187	$42K	5x	as long as short
Nado CHIP-PERP	+0.0200%	1h	$255K	$4K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0583%	1h	$10K	$25K	10x	as long as short
Coinbase International CHIP-PERP-INTXshort	+0.1176%	1h	$51K	$36K	50x