Funding you earn now, next payment 12:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.036%
Price spread now: OKX against Bitget+0.021%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$850.854% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.021%, 7d avg −0.031%
=The price spread pays, funding is against you. OKX is 0.052% dearer against Bitget than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.031%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CHIPUSDT | 0.04743 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $2.0M | $3.5M | 50x |
| Short | OKX CHIP-USDT-SWAP | 0.04744 | −0.0002 | pay 0.0001% / 4h | 3h 03m | $2.2M | $9.4M | 20x |
Bitget CHIPUSDT
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21.44
- Price spread: +0.021% → −0.031%
- $5.2
- Slippage, 4 orders
- −$63.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$101.68
- Costs to cover
- 0.854%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: 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 Bitget live order book, 5 min ago | 3.15 bp | 18.3 bp −$18 | 145.7 bp −$1,457 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.10 bp | 19.9 bp −$20 | 177.4 bp −$1,774 | 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 | −0.0226% | 1h | 0.04740 | −0.063% | $16K | $247K | 50x | as long as short |
| Phoenix CHIP | −0.0167% | 1h | 0.04744 | +0.021% | $3K | $122K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0159% | 1h | 0.04764 | +0.450% | $151 | $35K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0002% | 4h | 0.04744 | +0.021% | $2.2M | $9.4M | 20x | |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04738 | −0.095% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | +0.0031% | 1h | 0.04731 | −0.253% | $239K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0046% | 4h | 0.04743 | 0.000% | $1.0M | $1.2M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0062% | 4h | 0.04738 | −0.105% | $571K | $116K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04742 | −0.021% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04754 | +0.226% | $14.6M | $5.7M | 3x | as long as short |
ApeX Omni CHIPUSDT
Phoenix CHIP
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
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 | 0.04745 | +0.034% | $48K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04742 | −0.017% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04742 | −0.025% | $14.2M | $26.8M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04743 | 0.000% | $10.8M | $8.9M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04741 | −0.042% | $713K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04743 | 0.000% | $1.8M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDTlong | +0.0100% | 4h | 0.04743 | long leg | $2.0M | $3.5M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04747 | +0.084% | — | $1.8M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04745 | +0.042% | $26K | $210K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04754 | +0.226% | $917K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04739 | −0.084% | $551 | $999K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04740 | −0.058% | $219K | $1.7M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.05037 | +6.199% | $48K | $39K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX