Funding you earn now, next payment 08:00 UTC−0.0272%/8h= −29.7% APRnext payment −$1.36 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against Aster+0.105%7-day average +0.014% · 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−$145as in the Price arb table
costs, in and out, $10k−$1541.543% of the position
Funding, last 6 days (all we have)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.105%, 7d avg +0.014%
=Together, before fees−0.173%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.091% dearer against Aster than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.014%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 6 days (−0.038% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.038% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.36 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 | Aster CHIPUSDT | 0.04786 | 0.0100 | pay 0.0050% / 4h | 42m 50s | $50K | $274K | 5x |
| Short | Bybit CHIPUSDT | 0.04791 | −0.0172 | pay 0.0086% / 4h | 42m 50s | $10.9M | $9.0M | 20x |
Aster CHIPUSDT
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$57.02
- Price spread: +0.105% → +0.014%
- $9.1
- Slippage, 4 orders
- −$135.34
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$202.26
- Costs to cover
- 1.543%
- Break-even
- never at this rate
Slippage from Aster: live order book, 59 min ago; Bybit: 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 Aster live order book, 59 min ago | 8.37 bp | 35.6 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.09 bp | 44.8 bp −$45 | 142.2 bp −$1,422 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0376% | 1h | 0.04793 | +0.151% | $10K | $23K | 10x | as long as short |
| Phoenix CHIP | −0.0335% | 1h | 0.04786 | +0.001% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0320% | 1h | 0.04791 | +0.105% | $18K | $247K | 50x | as long as short |
| Bybit CHIPUSDTshort | −0.0172% | 4h | 0.04791 | +0.105% | $10.9M | $9.0M | 20x | |
| OKX CHIP-USDT-SWAP | −0.0114% | 4h | 0.04782 | −0.083% | $2.1M | $9.7M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0018% | 4h | 0.04790 | +0.084% | $1.0M | $1.1M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0047% | 4h | 0.04784 | −0.041% | $575K | $100K | 50x | as long as short |
| Nado CHIP-PERP | +0.0073% | 1h | 0.04789 | +0.064% | $242K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04789 | +0.064% | $99K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04796 | +0.208% | $14.8M | $5.9M | 3x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDTlong | +0.0100% | 4h | 0.04786 | long leg | $50K | $274K | 5x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04794 | +0.164% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04783 | −0.062% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04794 | +0.168% | $685K | $973K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04785 | −0.020% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04788 | +0.043% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04784 | −0.041% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04791 | +0.105% | $26K | $229K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04784 | −0.040% | $917K | $465K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04787 | +0.022% | $719 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04783 | −0.068% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0159% | 1h | 0.04792 | +0.125% | $172 | $36K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.115% | $46K | $37K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX