Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against BingX−0.126%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$910.905% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+1.424%+$142 · spread now −0.126%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.129% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04759 | 0.0100 | pay 0.0050% / 4h | 1h 10m | — | $1.9M | — |
| Short | BloFin CHIP-USDT | 0.04753 | 0.0033 | get 0.0017% / 4h | 1h 10m | $573K | $63K | 50x |
BingX CHIP-USDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$13.97
- Price spread: −0.126% → +0.003%
- −$12.93
- Slippage, 4 orders
- −$68.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.4
- Costs to cover
- 0.905%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 30 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 BingX live order book, 2 min ago | 5.25 bp | 23.8 bp −$24 | 77.9 bp −$779 | 877.9 bp −$87.8K | doesn't fit |
| Sell BloFin live order book, 30 min ago | 3.16 bp | 25.3 bp −$25 | 61.7 bp −$617 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0634% | 1h | 0.04769 | +0.210% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0571% | 4h | 0.04764 | +0.105% | $11.0M | $8.9M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0406% | 1h | 0.04766 | +0.147% | $29K | $238K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04777 | +0.378% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0289% | 4h | 0.04752 | −0.147% | $2.1M | $9.6M | 20x | as long as short |
| Aster CHIPUSDT | −0.0077% | 4h | 0.04758 | −0.029% | $48K | $273K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04761 | +0.048% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDTshort | +0.0033% | 4h | 0.04753 | −0.126% | $573K | $63K | 50x | |
| Nado CHIP-PERP | +0.0055% | 1h | 0.04750 | −0.189% | $240K | $19K | 5x | as long as short |
| Binance CHIPUSDT | +0.0079% | 4h | 0.04758 | −0.017% | $14.4M | $26.5M | 50x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | +0.0080% | 1h | 0.04757 | −0.047% | $219K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0084% | 4h | 0.04759 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04757 | −0.042% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04774 | +0.315% | $15.0M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04750 | −0.189% | $14K | $689 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04756 | −0.063% | $703K | $951K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04758 | −0.021% | $992K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04758 | −0.021% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04759 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04748 | −0.240% | $845K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04748 | −0.231% | $612 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0407% | 1h | 0.04785 | +0.552% | $148 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04855 | +2.013% | $47K | $42K | 50x | as long as short |
Extended CHIP-USD
MEXC CHIP_USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX