Funding you earn now, next payment 23:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.070%
Price spread now: SunX against ApeX Omni−0.130%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$2872.867% of the position
Funding, last 7 days+0.439%+$44 on $10k
+Price spread, last 3 days (all we have)+0.509%+$51 · spread now −0.130%, 7d avg −0.012%
=Funding pays, the price is against you. SunX is 0.118% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.012%). If the spread goes back, that is −$12 on $10k: about 2.8 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04610 | −0.0040 | get 0.0005% / 1h | 7m 11s | $14K | $247K | 50x |
| Short | SunX CHIP-USDT | 0.04604 | 0.0100 | get 0.0050% / 4h | 1h 07m | $845 | $1.1M | 10x |
ApeX Omni CHIPUSDT
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $29.3
- Price spread: −0.130% → −0.012%
- −$11.81
- Slippage, 4 orders
- −$268.74
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$269.25
- Costs to cover
- 2.867%
- Break-even
- 71.3 days
Slippage from ApeX Omni: live order book, 9 min ago; SunX: live order book, 5 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, 9 min ago | 8.68 bp | 16.1 bp −$16 | 129.5 bp −$1,295 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 46.73 bp | 129.1 bp −$129 | 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 | −0.1273% | 1h | 0.04610 | 0.000% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04607 | −0.065% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0144% | 1h | 0.04606 | −0.087% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0142% | 4h | 0.04612 | +0.043% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0125% | 1h | 0.04610 | +0.003% | $71 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0057% | 4h | 0.04610 | 0.000% | $542K | $67K | 50x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0040% | 1h | 0.04610 | long leg | $14K | $247K | 50x | |
| MEXC CHIP_USDT | −0.0036% | 4h | 0.04610 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | −0.0033% | 4h | 0.04610 | 0.000% | $13.8M | $26.0M | 50x | as long as short |
| Extended CHIP-USD | −0.0032% | 1h | 0.04609 | −0.031% | $210K | $1.3M | 5x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
MEXC CHIP_USDT
Binance CHIPUSDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04615 | +0.115% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0046% | 4h | 0.04613 | +0.065% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04613 | +0.065% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04617 | +0.152% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.074% | $49K | $230K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04610 | 0.000% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04611 | +0.022% | $681K | $910K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04611 | +0.022% | $987K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04609 | −0.022% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04610 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04601 | −0.198% | $848K | $453K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04604 | −0.130% | $845 | $1.1M | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.562% | $45K | $40K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Coinbase International CHIP-PERP-INTX