Funding you earn now, next payment 08:00 UTC−0.0511%/8h= −55.9% APRnext payment −$2.55 per $10,000 · paid last 24h −0.032%
Price spread now: Bybit against BingX+0.042%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.042%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.116% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.55 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 | BingX CHIP-USDT | 0.04750 | 0.0100 | pay 0.0050% / 4h | 1h 35m | — | $1.9M | — |
| Short | Bybit CHIPUSDT | 0.04752 | −0.0411 | pay 0.0205% / 4h | 1h 35m | $10.7M | $9.1M | 20x |
BingX CHIP-USDT
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$107.28
- Price spread: +0.042% → +0.043%
- −$0.11
- Slippage, 4 orders
- −$112.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$240.7
- Costs to cover
- 1.333%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 2 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 | 4.20 bp | 19.7 bp −$20 | 81.5 bp −$815 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.10 bp | 39.3 bp −$39 | 151.7 bp −$1,517 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDTshort | −0.0411% | 4h | 0.04752 | +0.042% | $10.7M | $9.1M | 20x | |
| ApeX Omni CHIPUSDT | −0.0335% | 1h | 0.04773 | +0.484% | $16K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0197% | 4h | 0.04751 | +0.021% | $2.1M | $9.7M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0192% | 1h | 0.04750 | +0.011% | $10K | $24K | 10x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04761 | +0.232% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0128% | 1h | 0.04747 | −0.063% | $240K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0042% | 4h | 0.04756 | +0.126% | $1.0M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0013% | 1h | 0.04757 | +0.156% | $123 | $36K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04753 | +0.063% | $99K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04756 | +0.135% | $14.7M | $6.0M | 3x | as long as short |
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
Nado CHIP-PERP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04757 | +0.156% | $55K | $272K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04751 | +0.015% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04749 | −0.027% | $14.3M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04753 | +0.063% | $680K | $967K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04749 | −0.021% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04750 | 0.000% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04750 | long leg | — | $1.9M | — | |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04752 | +0.042% | $35K | $231K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04744 | −0.123% | $860K | $445K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04745 | −0.105% | $716 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04747 | −0.067% | $216K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0130% | 4h | 0.04754 | +0.084% | $566K | $91K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04797 | +0.979% | $46K | $38K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX