Funding you earn now, next payment 03:00 UTC+0.0456%/8h= +49.9% APRnext payment +$0.57 per $10,000 · paid last 24h +0.089%
Price spread now: Hyperliquid against ApeX Omni+0.528%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.559%+$56 on $10k
+Price spread, last 4 days (all we have)−0.670%−$67 · spread now +0.528%, 7d avg +0.186%
=Together, before fees−0.110%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.342% dearer against ApeX Omni than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.186%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04754 | −0.0356 | get 0.0044% / 1h | 38m 30s | $17K | $244K | 50x |
| Short | Hyperliquid CHIP | 0.04779 | 0.0100 | get 0.0013% / 1h | 38m 30s | $15.0M | $6.0M | 3x |
ApeX Omni CHIPUSDT
Hyperliquid CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $95.76
- Price spread: +0.528% → +0.186%
- $34.17
- Slippage, 4 orders
- −$51.8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $59.13
- Costs to cover
- 0.708%
- Break-even
- 2.7 days
Slippage from ApeX Omni: live order book, 23 min ago; Hyperliquid: live order book, 4 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, 23 min ago | 8.43 bp | 17.0 bp −$17 | 120.7 bp −$1,207 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 3.78 bp | 18.9 bp −$19 | doesn't fit | 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 | −0.1449% | 1h | 0.04756 | +0.042% | $33K | $226K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0404% | 4h | 0.04758 | +0.084% | $11.0M | $8.8M | 20x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0356% | 1h | 0.04754 | long leg | $17K | $244K | 50x | |
| Phoenix CHIP | −0.0337% | 1h | 0.04755 | +0.021% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0185% | 4h | 0.04754 | 0.000% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04760 | +0.128% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | +0.0002% | 4h | 0.04765 | +0.235% | $46K | $271K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04767 | +0.273% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04779 | +0.528% | $15.0M | $6.0M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04766 | +0.257% | $14K | $689 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter 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 | 0.04757 | +0.074% | $14.4M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04758 | +0.084% | $703K | $946K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04762 | +0.168% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04766 | +0.252% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04761 | +0.147% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04759 | +0.105% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04739 | −0.324% | $843K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04740 | −0.294% | $877 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04757 | +0.057% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0137% | 4h | 0.04732 | −0.463% | $564K | $62K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0344% | 1h | 0.04752 | −0.046% | $83 | $38K | 5x | as long as short |
| Nado CHIP-PERP | +0.0615% | 1h | 0.04754 | −0.011% | $240K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.721% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
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