Funding you earn now, next payment 09:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h −0.065%
Price spread now: ApeX Omni against Bybit+0.294%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1241.244% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.294%, 7d avg −0.058%
=The price spread pays, funding is against you. ApeX Omni is 0.352% dearer against Bybit than usual: you sell high and buy low (spread +0.294% now, against its 7-day average of −0.058%): +$35 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04762 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $10.9M | $9.0M | 20x |
| Short | ApeX Omni CHIPUSDT | 0.04776 | −0.0094 | pay 0.0012% / 1h | 32m 54s | $17K | $246K | 50x |
Bybit CHIPUSDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- −$40.64
- Price spread: +0.294% → −0.058%
- $35.16
- Slippage, 4 orders
- −$103.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$129.88
- Costs to cover
- 1.244%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; ApeX Omni: 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 Bybit live order book, 5 min ago | 2.09 bp | 43.2 bp −$43 | 153.9 bp −$1,539 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 8.41 bp | 16.8 bp −$17 | 124.0 bp −$1,240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0167% | 1h | 0.04769 | +0.147% | $3K | $122K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0094% | 1h | 0.04776 | +0.294% | $17K | $246K | 50x | |
| Aftermath Perps CHIPUSD | −0.0063% | 1h | 0.04777 | +0.319% | $243 | $35K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0020% | 4h | 0.04758 | −0.084% | $2.2M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04757 | −0.107% | $10K | $23K | 10x | as long as short |
| KuCoin CHIPUSDTM | +0.0026% | 4h | 0.04757 | −0.105% | $1.0M | $1.2M | 50x | as long as short |
| Nado CHIP-PERP | +0.0081% | 1h | 0.04752 | −0.220% | $240K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04759 | −0.063% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04760 | −0.034% | $14.7M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04761 | −0.014% | $49K | $275K | 5x | as long as short |
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04752 | −0.214% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04761 | −0.021% | $14.3M | $26.9M | 50x | as long as short |
| Bybit CHIPUSDTlong | +0.0100% | 4h | 0.04762 | long leg | $10.9M | $9.0M | 20x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04751 | −0.231% | $713K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04761 | −0.021% | $1.9M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04761 | −0.021% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04762 | 0.000% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04757 | −0.105% | $27K | $211K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04760 | −0.048% | $920K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04753 | −0.189% | $656 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04759 | −0.057% | $221K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0121% | 4h | 0.04753 | −0.189% | $577K | $116K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04867 | +2.205% | $47K | $38K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX