Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.046660.0082pay 0.0041% / 4h19m 22s$14.0M$26.1M50x
ShortKuCoin CHIPUSDTM0.046700.0100get 0.0050% / 4h19m 22s$985K$1.1M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.07 bp22.1 bp −$2290.8 bp −$908doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.41 bp32.8 bp −$33455.2 bp −$4,552doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.1403%1h0.04661−0.110%$14K$235K5xas long as short
Phoenix CHIP−0.0173%1h0.04664−0.046%$3K$140K5xas long as short
ApeX Omni CHIPUSDT−0.0127%1h0.04666−0.003%$14K$249K50xas long as short
OKX CHIP-USDT-SWAP−0.0062%4h0.04663−0.067%$1.9M$9.2M20xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04671+0.115%$10K$24K10xas long as short
Bybit CHIPUSDT+0.0031%4h0.04668+0.040%$10.9M$8.9M20xas long as short
MEXC CHIP_USDT+0.0076%4h0.04667+0.018%$1.8M$1.1M50xas long as short
Extended CHIP-USD+0.0080%1h0.04665−0.032%$212K$1.3M5xas long as short
Binance CHIPUSDTlong+0.0082%4h0.04666long leg$14.0M$26.1M50x
Lighter CHIP+0.0096%1h0.04666−0.003%$86K$108K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CHIP+0.0100%1h0.04680+0.308%$14.7M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04665−0.024%$49K$239K5xas long as short
Pacifica CHIP+0.0100%1h0.04666+0.001%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04668+0.040%$690K$913K50xas long as short
KuCoin CHIPUSDTMshort+0.0100%4h0.04670+0.083%$985K$1.1M50x
Bitget CHIPUSDT+0.0100%4h0.04667+0.018%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04666−0.003%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04670+0.080%$875K$468Kas long as short
SunX CHIP-USDT+0.0100%4h0.04661−0.110%$704$1.1M10xas long as short
BloFin CHIP-USDT+0.0114%4h0.04668+0.040%$550K$66K50xas long as short
Aftermath Perps CHIPUSD+0.0115%1h0.04678+0.245%$87$39K5xas long as short
Nado CHIP-PERP+0.0185%1h0.04666+0.008%$233K$18K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04715+1.051%$45K$40K50xas long as short