Funding you earn now, next payment 08:00 UTC−0.0405%/8h= −44.3% APRnext payment −$2.02 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Binance+0.191%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.191%, 7d avg +0.110%
=The price spread pays, funding is against you. Gate is 0.081% dearer against Binance than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.110%): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.002% in total) that is about 13 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.02 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 | Binance CHIPUSDT | 0.04701 | 0.0093 | pay 0.0046% / 4h | 3h 57m | $14.2M | $27.0M | 50x |
| Short | Gate CHIP_USDT | 0.04710 | −0.0312 | pay 0.0156% / 4h | 3h 57m | $682K | $978K | 50x |
Binance CHIPUSDT
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$84.97
- Price spread: +0.191% → +0.110%
- $8.12
- Slippage, 4 orders
- −$97.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$199.43
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 60 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, 14 min ago | 1.05 bp | 19.2 bp −$19 | 103.0 bp −$1,030 | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 8.49 bp | 38.9 bp −$39 | 262.7 bp −$2,627 | 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 | −0.0510% | 1h | 0.04729 | +0.596% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0313% | 4h | 0.04702 | +0.021% | $2.0M | $9.7M | 20x | as long as short |
| Gate CHIP_USDTshort | −0.0312% | 4h | 0.04710 | +0.191% | $682K | $978K | 50x | |
| ApeX Omni CHIPUSDT | −0.0310% | 1h | 0.04727 | +0.553% | $16K | $244K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0111% | 1h | 0.04708 | +0.149% | $10K | $24K | 10x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0101% | 1h | 0.04705 | +0.085% | $34K | $251K | 5x | as long as short |
| Nado CHIP-PERP | −0.0041% | 1h | 0.04709 | +0.181% | $238K | $20K | 5x | as long as short |
| Aster CHIPUSDT | +0.0001% | 4h | 0.04711 | +0.208% | $56K | $279K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0071% | 4h | 0.04704 | +0.064% | $563K | $65K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0092% | 4h | 0.04707 | +0.128% | $1.8M | $1.2M | 50x | as long as short |
Phoenix CHIP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Backpack CHIP_USDC_PERP
Nado CHIP-PERP
Aster CHIPUSDT
BloFin CHIP-USDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDTlong | +0.0093% | 4h | 0.04701 | long leg | $14.2M | $27.0M | 50x | |
| Lighter CHIP | +0.0096% | 1h | 0.04705 | +0.085% | $96K | $114K | 3x | as long as short |
| Extended CHIP-USD | +0.0096% | 1h | 0.04705 | +0.090% | $214K | $1.9M | 5x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04708 | +0.140% | $14.6M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04720 | +0.404% | $16K | $3K | 3x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04703 | +0.043% | $10.8M | $9.1M | 20x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04710 | +0.191% | $974K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04705 | +0.085% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04699 | −0.043% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04751 | +1.067% | $844K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04703 | +0.043% | $800 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0133% | 1h | 0.04737 | +0.767% | $100 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.361% | $46K | $41K | 50x | as long as short |
Lighter CHIP
Extended CHIP-USD
Hyperliquid CHIP
Pacifica CHIP
Bybit CHIPUSDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX