Funding you earn now, next payment 03:00 UTC+0.3973%/8h= +435.1% APRnext payment +$4.97 per $10,000 · paid last 24h +0.112%
Price spread now: Nado against ApeX Omni+0.614%61s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.685% of the position
Funding, last 3 days (all we have)+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)−1.142%−$114 · spread now +0.614%, 7d avg −0.016%
=Together, before fees−0.786%+ Points / potential airdropNado: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$119 a day on $10k at the current rate, and Nado is 0.630% dearer against ApeX Omni than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.016%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.356% in total (about 39.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04722 | −0.0726 | get 0.0091% / 1h | 54m 23s | $16K | $244K | 50x |
| Short | Nado CHIP-PERP | 0.04751 | 0.3247 | get 0.0406% / 1h | 54m 23s | $240K | $19K | 5x |
ApeX Omni CHIPUSDT
Nado CHIP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $834.37
- Price spread: +0.614% → −0.016%
- $63.01
- Slippage, 4 orders
- −$51.52
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $828.86
- Costs to cover
- 0.685%
- Break-even
- 0.0 days
Slippage from ApeX Omni: live order book, 7 min ago; Nado: live order book, 8 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, 7 min ago | 8.43 bp | 17.0 bp −$17 | 120.7 bp −$1,207 | doesn't fit | doesn't fit |
| Sell Nado live order book, 8 min ago | 5.68 bp | 18.9 bp −$19 | doesn't fit | 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 | −0.1843% | 1h | 0.04757 | +0.741% | $16K | $226K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0726% | 1h | 0.04722 | long leg | $16K | $244K | 50x | |
| Bybit CHIPUSDT | −0.0189% | 4h | 0.04751 | +0.614% | $11.0M | $8.7M | 20x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04749 | +0.572% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0142% | 4h | 0.04747 | +0.529% | $2.0M | $9.4M | 20x | as long as short |
| Aster CHIPUSDT | +0.0060% | 4h | 0.04765 | +0.919% | $43K | $268K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0065% | 1h | 0.04759 | +0.773% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04755 | +0.699% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04767 | +0.953% | $14.9M | $6.0M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04755 | +0.699% | $14K | $688 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04745 | +0.492% | $14.3M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04762 | +0.847% | $703K | $936K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04746 | +0.508% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04756 | +0.720% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04743 | +0.445% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04746 | +0.508% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04777 | +1.159% | $898K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04754 | +0.678% | $715 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04738 | +0.347% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0378% | 1h | 0.04754 | +0.686% | $72 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +1.404% | $46K | $41K | 50x | as long as short |
| Nado CHIP-PERPshort | +0.3247% | 1h | 0.04751 | +0.614% | $240K | $19K | 5x |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX