Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin+0.105%109s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$840.837% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.105%, 7d avg −0.014%
=The price spread pays, funding is against you. MEXC is 0.119% dearer against BloFin than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.014%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04772 | 0.0111 | pay 0.0056% / 4h | 13m 25s | $573K | $100K | 50x |
| Short | MEXC CHIP_USDT | 0.04777 | 0.0100 | get 0.0050% / 4h | 13m 25s | $1.9M | $1.1M | 50x |
BloFin CHIP-USDT
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$2.41
- Price spread: +0.105% → −0.014%
- $11.89
- Slippage, 4 orders
- −$71.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$74.21
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 3 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 BloFin live order book, 3 min ago | 6.28 bp | 23.2 bp −$23 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.10 bp | 14.6 bp −$15 | 90.4 bp −$904 | 269.9 bp −$27.0K | 828.0 bp −$414.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04778 | +0.126% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0264% | 1h | 0.04782 | +0.210% | $17K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0133% | 4h | 0.04782 | +0.210% | $2.2M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0085% | 1h | 0.04781 | +0.193% | $10K | $23K | 10x | as long as short |
| KuCoin CHIPUSDTM | −0.0072% | 4h | 0.04778 | +0.126% | $997K | $1.1M | 50x | as long as short |
| Bybit CHIPUSDT | −0.0071% | 4h | 0.04782 | +0.210% | $10.9M | $8.9M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0038% | 1h | 0.04777 | +0.101% | $87 | $36K | 5x | as long as short |
| Nado CHIP-PERP | +0.0013% | 1h | 0.04782 | +0.220% | $242K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04780 | +0.168% | $99K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04790 | +0.379% | $14.8M | $5.9M | 3x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Bybit CHIPUSDT
Aftermath Perps CHIPUSD
Nado CHIP-PERP
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 | 0.04779 | +0.147% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04780 | +0.168% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04777 | +0.105% | $14.3M | $26.8M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04780 | +0.168% | $679K | $977K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04777 | +0.105% | $1.9M | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04780 | +0.168% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04780 | +0.168% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04782 | +0.215% | $921K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04774 | +0.042% | $744 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04776 | +0.091% | $220K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0111% | 4h | 0.04772 | long leg | $573K | $100K | 50x | |
| Backpack CHIP_USDC_PERP | +0.0121% | 1h | 0.04782 | +0.210% | $26K | $214K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.410% | $46K | $37K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX