Funding you earn now, next payment 08:00 UTC−0.0432%/8h= −47.3% APRpaid last 24h −0.096%
Price spread now: ApeX Omni against Binance−0.042%89s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as 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−$900.900% of the position
Funding, last 7 days−0.446%−$45 on $10k
+Price spread, last 4 days (all we have)+0.886%+$89 · spread now −0.042%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and ApeX Omni is 0.055% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 89 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 | Binance CHIPUSDT | 0.04765 | 0.0100 | pay 0.0050% / 4h | 20m 06s | $14.3M | $26.9M | 50x |
| Short | ApeX Omni CHIPUSDT | 0.04763 | −0.0332 | pay 0.0041% / 1h | 20m 06s | $17K | $246K | 50x |
Binance CHIPUSDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- −$90.62
- Price spread: −0.042% → +0.013%
- −$5.48
- Slippage, 4 orders
- −$69.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$186.08
- Costs to cover
- 0.900%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; ApeX Omni: live order book, 16 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 Binance live order book, 6 min ago | 1.05 bp | 24.7 bp −$25 | 167.6 bp −$1,676 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 16 min ago | 8.41 bp | 16.8 bp −$17 | 124.0 bp −$1,240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04759 | −0.126% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0332% | 1h | 0.04763 | −0.042% | $17K | $246K | 50x | |
| OKX CHIP-USDT-SWAP | −0.0171% | 4h | 0.04765 | 0.000% | $2.1M | $9.6M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0136% | 4h | 0.04769 | +0.084% | $10.9M | $9.0M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0128% | 1h | 0.04766 | +0.021% | $10K | $23K | 10x | as long as short |
| KuCoin CHIPUSDTM | −0.0098% | 4h | 0.04761 | −0.084% | $1.0M | $1.1M | 50x | as long as short |
| Nado CHIP-PERP | −0.0007% | 1h | 0.04761 | −0.073% | $241K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0048% | 1h | 0.04766 | +0.017% | $87 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0052% | 4h | 0.04765 | 0.000% | $574K | $100K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04767 | +0.042% | $99K | $107K | 3x | as long as short |
Phoenix CHIP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Nado CHIP-PERP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04771 | +0.134% | $14.7M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04762 | −0.060% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04762 | −0.061% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDTlong | +0.0100% | 4h | 0.04765 | long leg | $14.3M | $26.9M | 50x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04764 | −0.021% | $677K | $977K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04760 | −0.105% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04766 | +0.021% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04764 | −0.021% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04766 | +0.021% | $27K | $216K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04767 | +0.035% | $919K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04758 | −0.147% | $495 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04764 | −0.016% | $219K | $1.9M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.559% | $46K | $37K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX