Funding you earn now, next payment 02:00 UTC+0.0266%/8h= +29.2% APRpaid last 24h +0.071%
Price spread now: KuCoin against ApeX Omni+0.721%52s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as 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−$1581.580% of the position
Funding, last 7 days+0.235%+$23 on $10k
+Price spread, last 4 days (all we have)−1.530%−$153 · spread now +0.721%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.675% dearer against ApeX Omni than usual: you sell high and buy low: +$67 more if the spread goes back to its 7-day average of +0.047%. The two prices were read 52 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 | 0.04713 | −0.0166 | get 0.0021% / 1h | 18m 29s | $16K | $244K | 50x |
| Short | KuCoin CHIPUSDTM | 0.04747 | 0.0100 | get 0.0050% / 4h | 2h 18m | $990K | $1.1M | 50x |
ApeX Omni CHIPUSDT
KuCoin CHIPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $55.93
- Price spread: +0.721% → +0.047%
- $67.46
- Slippage, 4 orders
- −$135.97
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$34.58
- Costs to cover
- 1.580%
- Break-even
- 11.3 days
Slippage from ApeX Omni: live order book, 48 min ago; KuCoin: live order book, 1 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, 48 min ago | 8.55 bp | 16.2 bp −$16 | 139.4 bp −$1,394 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.49 bp | 52.7 bp −$53 | 479.7 bp −$4,797 | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1238% | 1h | 0.04750 | +0.785% | $16K | $221K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04712 | −0.021% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0166% | 1h | 0.04713 | long leg | $16K | $244K | 50x | |
| Nado CHIP-PERP | −0.0031% | 1h | 0.04737 | +0.509% | $239K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0013% | 4h | 0.04733 | +0.424% | $2.0M | $9.3M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04752 | +0.827% | $88K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04761 | +1.008% | $15.0M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04752 | +0.834% | $37K | $256K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04748 | +0.751% | $14K | $604 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04735 | +0.473% | $14.2M | $26.0M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04739 | +0.552% | $11.0M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04749 | +0.764% | $700K | $956K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04748 | +0.743% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04747 | +0.721% | $990K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04736 | +0.488% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04740 | +0.573% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04714 | +0.024% | $892K | $464K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04755 | +0.891% | $788 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04740 | +0.578% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0425% | 1h | 0.04696 | −0.358% | $94 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04761 | +1.008% | $46K | $41K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1094% | 1h | 0.04770 | +1.218% | $10K | $24K | 10x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL