Funding you earn now, next payment 00:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.99 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bitget−0.043%75s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+0.559%+$56 · spread now −0.043%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.99 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 | Bitget CHIPUSDT | 0.04611 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $2.0M | $3.0M | 50x |
| Short | BloFin CHIP-USDT | 0.04609 | −0.0097 | pay 0.0049% / 4h | 2h 22m | $542K | $66K | 50x |
Bitget CHIPUSDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$41.4
- Price spread: −0.043% → −0.051%
- $0.73
- Slippage, 4 orders
- −$44.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.39
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 64 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 Bitget live order book, 1 min ago | 6.51 bp | 21.2 bp −$21 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 3.22 bp | 14.2 bp −$14 | 37.8 bp −$378 | 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 | −0.0934% | 1h | 0.04607 | −0.087% | $16K | $234K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0639% | 1h | 0.04609 | −0.054% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0599% | 1h | 0.04611 | 0.000% | $14K | $248K | 50x | as long as short |
| Nado CHIP-PERP | −0.0185% | 1h | 0.04606 | −0.098% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0183% | 4h | 0.04609 | −0.043% | $1.9M | $9.2M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0174% | 4h | 0.04611 | 0.000% | $10.7M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04618 | +0.152% | $3K | $143K | 5x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04607 | −0.088% | $210K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0116% | 4h | 0.04606 | −0.108% | $13.9M | $25.7M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0116% | 4h | 0.04605 | −0.130% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
Phoenix CHIP
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDTshort | −0.0097% | 4h | 0.04609 | −0.043% | $542K | $66K | 50x | |
| Aftermath Perps CHIPUSD | −0.0085% | 1h | 0.04608 | −0.064% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0029% | 4h | 0.04611 | +0.002% | $44K | $226K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04608 | −0.065% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04614 | +0.069% | $14.8M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04607 | −0.082% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04610 | −0.022% | $692K | $899K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04608 | −0.065% | $985K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDTlong | +0.0100% | 4h | 0.04611 | long leg | $2.0M | $3.0M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04607 | −0.087% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04618 | +0.159% | $840K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04605 | −0.130% | $736 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.155% | $46K | $41K | 50x | as long as short |
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX