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

CHIP

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Alert: funding
Alert: spread
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: BingX against BloFin−0.021%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.905% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−1.276%−$128 · spread now −0.021%, 7d avg −0.003%
Together, before fees−1.279%−$128 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.047530.0033pay 0.0017% / 4h1h 11m$573K$63K50x
ShortBingX CHIP-USDT0.047520.0100get 0.0050% / 4h1h 11m$1.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$13.97
Price spread: −0.021% → −0.003%
−$1.79
Slippage, 4 orders
−$68.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$78.32
Costs to cover
0.905%
Break-even
46.3 days
Slippage from BloFin: live order book, 30 min ago; BingX: live order book, 2 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, 30 min ago3.16 bp16.9 bp −$1759.5 bp −$595doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.25 bp24.5 bp −$2580.0 bp −$800648.5 bp −$64.8Kdoesn'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 CHIPUSDT−0.0634%1h0.04769+0.337%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0571%4h0.04769+0.337%$11.0M$8.9M20xas long as short
Backpack CHIP_USDC_PERP−0.0385%1h0.04755+0.042%$29K$238K5xas long as short
Phoenix CHIP−0.0337%1h0.04777+0.505%$3K$130K5xas long as short
OKX CHIP-USDT-SWAP−0.0289%4h0.04759+0.126%$2.1M$9.6M20xas long as short
Aster CHIPUSDT−0.0077%4h0.04756+0.063%$48K$273K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04761+0.175%$10K$24K10xas long as short
BloFin CHIP-USDTlong+0.0033%4h0.04753long leg$573K$63K50x
Nado CHIP-PERP+0.0055%1h0.04750−0.063%$240K$19K5xas long as short
Binance CHIPUSDT+0.0079%4h0.04759+0.126%$14.4M$26.5M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CHIP-USD+0.0080%1h0.04749−0.078%$219K$1.9M5xas long as short
MEXC CHIP_USDT+0.0084%4h0.04761+0.168%$1.8M$1.2M50xas long as short
Lighter CHIP+0.0096%1h0.04757+0.084%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04762+0.187%$14.9M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04750−0.063%$14K$6893xas long as short
Gate CHIP_USDT+0.0100%4h0.04751−0.042%$702K$951K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04748−0.105%$989K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04752−0.021%$2.0M$3.3M50xas long as short
BingX CHIP-USDTshort+0.0100%4h0.04752−0.021%$1.9M
Variational Omni CHIP+0.0100%4h0.04808+1.148%$855K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04748−0.105%$612$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0407%1h0.04785+0.679%$148$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04855+2.142%$47K$42K50xas long as short