Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.071%
Price spread now: Deribit against Aster−0.166%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.166% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | Aster CHIPUSDT | 0.04694 | 0.0100 | pay 0.0050% / 4h | 51m 27s | $51K | $236K | 5x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04686 | 0 | get 0.0000% / 1h | 51m 27s | $10K | $25K | 10x |
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.166% → 0.000%
- −$16.59
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$52.59
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 25 min ago; Deribit: no order-book sample. Net counts fees only.
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, 25 min ago | 3.25 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1281% | 1h | 0.04681 | −0.277% | $15K | $234K | 5x | as long as short |
| Nado CHIP-PERP | −0.0481% | 1h | 0.04691 | −0.064% | $235K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04686 | −0.170% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0127% | 1h | 0.04668 | −0.552% | $110 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0087% | 4h | 0.04691 | −0.064% | $1.9M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | 0.0000% | 1h | 0.04686 | −0.166% | $10K | $25K | 10x | |
| MEXC CHIP_USDT | +0.0004% | 4h | 0.04690 | −0.085% | $1.8M | $1.1M | 50x | as long as short |
| Binance CHIPUSDT | +0.0006% | 4h | 0.04690 | −0.085% | $14.1M | $26.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0008% | 1h | 0.04694 | +0.002% | $212K | $1.3M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0011% | 4h | 0.04672 | −0.468% | $542K | $69K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Nado CHIP-PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
MEXC CHIP_USDT
Binance CHIPUSDT
Extended CHIP-USD
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0076% | 4h | 0.04695 | +0.022% | $11.0M | $9.0M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04696 | +0.043% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04702 | +0.166% | $14.7M | $6.7M | 3x | as long as short |
| Aster CHIPUSDTlong | +0.0100% | 4h | 0.04694 | long leg | $51K | $236K | 5x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04696 | +0.034% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04693 | −0.021% | $695K | $909K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04692 | −0.042% | $997K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04690 | −0.085% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04691 | −0.064% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04676 | −0.386% | $860K | $453K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04680 | −0.298% | $14K | $247K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04684 | −0.213% | $744 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04704 | +0.220% | $45K | $40K | 50x | as long as short |
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX