Funding you earn now, next payment 03:00 UTC+0.0481%/8h= +52.6% APRpaid last 24h +0.070%
Price spread now: Gate against ApeX Omni−0.146%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
Funding, last 7 days+0.422%+$42 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now −0.146%, 7d avg +0.084%
=Funding pays, the price is against you. Gate is 0.230% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.084%). If the spread goes back, that is −$23 on $10k: about 38 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.422% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04803 | −0.0381 | get 0.0048% / 1h | 31m 09s | $17K | $245K | 50x |
| Short | Gate CHIP_USDT | 0.04796 | 0.0100 | get 0.0050% / 4h | 1h 31m | $707K | $948K | 50x |
ApeX Omni CHIPUSDT
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $100.92
- Price spread: −0.146% → +0.084%
- −$22.99
- Slippage, 4 orders
- −$84.79
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.85
- Costs to cover
- 1.098%
- Break-even
- 9.2 days
Slippage from ApeX Omni: live order book, 30 min ago; Gate: live order book, 31 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, 30 min ago | 8.43 bp | 17.0 bp −$17 | 120.7 bp −$1,207 | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 3.16 bp | 36.9 bp −$37 | 251.9 bp −$2,519 | 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 | −0.0841% | 1h | 0.04788 | −0.312% | $28K | $235K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0440% | 4h | 0.04786 | −0.354% | $11.0M | $8.9M | 20x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0381% | 1h | 0.04803 | long leg | $17K | $245K | 50x | |
| Phoenix CHIP | −0.0337% | 1h | 0.04795 | −0.167% | $3K | $130K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0313% | 1h | 0.04792 | −0.235% | $10K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0193% | 4h | 0.04780 | −0.479% | $2.0M | $9.6M | 20x | as long as short |
| Aster CHIPUSDT | −0.0003% | 4h | 0.04792 | −0.225% | $46K | $267K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04787 | −0.333% | $89K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04795 | −0.158% | $15.1M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04792 | −0.231% | $14K | $689 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04779 | −0.500% | $14.5M | $26.3M | 50x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04796 | −0.146% | $707K | $948K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04781 | −0.458% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04789 | −0.291% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04782 | −0.437% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04781 | −0.458% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04784 | −0.394% | $849K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04786 | −0.354% | $885 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04778 | −0.528% | $218K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0105% | 4h | 0.04777 | −0.541% | $570K | $63K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0380% | 1h | 0.04784 | −0.400% | $84 | $38K | 5x | as long as short |
| Nado CHIP-PERP | +0.0383% | 1h | 0.04786 | −0.354% | $241K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04822 | +0.385% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX