Funding you earn now, next payment 00:00 UTC+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.063%
Price spread now: Extended against ApeX Omni−0.028%92s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$1031.033% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 3 days (all we have)−0.156%−$16 · spread now −0.028%, 7d avg −0.056%
=Together, before fees+0.267%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.028% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.056%. The two prices were read 92 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 | 0.04683 | −0.0145 | get 0.0018% / 1h | 25m 50s | $14K | $248K | 50x |
| Short | Extended CHIP-USD | 0.04682 | 0.0056 | get 0.0007% / 1h | 25m 50s | $214K | $1.3M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $42.25
- Price spread: −0.028% → −0.056%
- $2.76
- Slippage, 4 orders
- −$88.33
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$58.31
- Costs to cover
- 1.033%
- Break-even
- 16.7 days
Slippage from ApeX Omni: live order book, 51 min ago; Extended: live order book, 3 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, 51 min ago | 8.68 bp | 16.1 bp −$16 | 129.5 bp −$1,295 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 3.52 bp | 34.8 bp −$35 | 245.0 bp −$2,450 | 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 | −0.1349% | 1h | 0.04682 | −0.021% | $14K | $235K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04684 | +0.021% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0145% | 1h | 0.04683 | long leg | $14K | $248K | 50x | |
| OKX CHIP-USDT-SWAP | −0.0063% | 4h | 0.04675 | −0.171% | $2.0M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04683 | −0.002% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0015% | 4h | 0.04679 | −0.085% | $10.9M | $8.9M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0029% | 4h | 0.04690 | +0.149% | $557K | $67K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0035% | 1h | 0.04692 | +0.198% | $87 | $39K | 5x | as long as short |
| MEXC CHIP_USDT | +0.0052% | 4h | 0.04683 | 0.000% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USDshort | +0.0056% | 1h | 0.04682 | −0.028% | $214K | $1.3M | 5x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0060% | 4h | 0.04678 | −0.107% | $14.1M | $26.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04681 | −0.043% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04699 | +0.348% | $14.8M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04686 | +0.059% | $50K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04684 | +0.028% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04692 | +0.192% | $694K | $913K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04687 | +0.085% | $988K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04691 | +0.171% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04684 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04685 | +0.053% | $879K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04696 | +0.278% | $564 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0238% | 1h | 0.04676 | −0.139% | $234K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +0.688% | $45K | $40K | 50x | as long as short |
ApeX Omni CHIPUSDT
Extended CHIP-USD
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
MEXC CHIP_USDT
Binance 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