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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0431%/8h= −47.2% APRpaid last 24h −0.088%
Price spread now: ApeX Omni against BloFin+0.544%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.463%−$46 on $10k
Price spread, last 4 days (all we have)−0.909%−$91 · spread now +0.544%, 7d avg −0.016%
Together, before fees−1.372%−$137 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.560% dearer against BloFin than usual: you sell high and buy low (spread +0.544% now, against its 7-day average of −0.016%): +$56 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.047770.0100pay 0.0050% / 4h1h 00m$571K$100K50x
ShortApeX Omni CHIPUSDT0.04803−0.0331pay 0.0041% / 1h0m 58s$17K$245K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$90.44
Price spread: +0.544% → −0.016%
$56.02
Slippage, 4 orders
−$52.82
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$109.24
Costs to cover
0.748%
Break-even
never at this rate
Slippage from BloFin: live order book, 20 min ago; ApeX Omni: live order book, 40 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 BloFin live order book, 20 min ago2.08 bp24.0 bp −$2456.5 bp −$565doesn't fitdoesn't fit
Sell ApeX Omni live order book, 40 min ago8.39 bp16.6 bp −$17122.5 bp −$1,225doesn'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
ApeX Omni CHIPUSDTshort−0.0331%1h0.04803+0.544%$17K$245K50x
Bybit CHIPUSDT−0.0252%4h0.04785+0.167%$10.9M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0178%4h0.047770.000%$2.1M$9.7M20xas long as short
Phoenix CHIP−0.0171%1h0.04783+0.126%$3K$128K5xas long as short
Nado CHIP-PERP−0.0168%1h0.04781+0.073%$242K$18K5xas long as short
KuCoin CHIPUSDTM−0.0048%4h0.04783+0.126%$1.0M$1.1M50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04786+0.190%$10K$23K10xas long as short
Backpack CHIP_USDC_PERP+0.0006%1h0.04786+0.188%$26K$235K5xas long as short
Aftermath Perps CHIPUSD+0.0060%1h0.04794+0.361%$62$36K5xas long as short
Lighter CHIP+0.0096%1h0.04785+0.167%$99K$107K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDTlong+0.0100%4h0.04777long leg$571K$100K50x
Hyperliquid CHIP+0.0100%1h0.04791+0.291%$14.8M$5.9M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04783+0.134%$53K$274K5xas long as short
Pacifica CHIP+0.0100%1h0.04787+0.201%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04781+0.078%$14.4M$27.0M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04785+0.167%$686K$997K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04781+0.084%$1.8M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04780+0.063%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04781+0.084%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04807+0.631%$922K$475Kas long as short
SunX CHIP-USDT+0.0100%4h0.04780+0.063%$820$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04780+0.066%$218K$1.9M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0952%1h0.04839+1.304%$46K$38K50xas long as short