Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Binance+0.083%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1131.131% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.083%, 7d avg +0.066%
=The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04666 | 0.0082 | pay 0.0041% / 4h | 19m 22s | $14.0M | $26.1M | 50x |
| Short | KuCoin CHIPUSDTM | 0.04670 | 0.0100 | get 0.0050% / 4h | 19m 22s | $985K | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $3.78
- Price spread: +0.083% → +0.066%
- $1.64
- Slippage, 4 orders
- −$91.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$107.68
- Costs to cover
- 1.131%
- Break-even
- 206.4 days
Slippage from Binance: live order book, 7 min ago; KuCoin: 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 Binance live order book, 7 min ago | 1.07 bp | 22.1 bp −$22 | 90.8 bp −$908 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.41 bp | 32.8 bp −$33 | 455.2 bp −$4,552 | 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 | −0.1403% | 1h | 0.04661 | −0.110% | $14K | $235K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04664 | −0.046% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0127% | 1h | 0.04666 | −0.003% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0062% | 4h | 0.04663 | −0.067% | $1.9M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04671 | +0.115% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0031% | 4h | 0.04668 | +0.040% | $10.9M | $8.9M | 20x | as long as short |
| MEXC CHIP_USDT | +0.0076% | 4h | 0.04667 | +0.018% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0080% | 1h | 0.04665 | −0.032% | $212K | $1.3M | 5x | as long as short |
| Binance CHIPUSDTlong | +0.0082% | 4h | 0.04666 | long leg | $14.0M | $26.1M | 50x | |
| Lighter CHIP | +0.0096% | 1h | 0.04666 | −0.003% | $86K | $108K | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04680 | +0.308% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04665 | −0.024% | $49K | $239K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04666 | +0.001% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04668 | +0.040% | $690K | $913K | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04670 | +0.083% | $985K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04667 | +0.018% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04666 | −0.003% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04670 | +0.080% | $875K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04661 | −0.110% | $704 | $1.1M | 10x | as long as short |
| BloFin CHIP-USDT | +0.0114% | 4h | 0.04668 | +0.040% | $550K | $66K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0115% | 1h | 0.04678 | +0.245% | $87 | $39K | 5x | as long as short |
| Nado CHIP-PERP | +0.0185% | 1h | 0.04666 | +0.008% | $233K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.051% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
KuCoin CHIPUSDTM
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
MEXC CHIP_USDT
Extended CHIP-USD
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX