Funding you earn now, next payment 00:00 UTC+0.0475%/8h= +52.1% APRnext payment +$2.38 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Bybit+0.594%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$3253.248% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 3 days (all we have)−0.329%−$33 · spread now +0.594%, 7d avg −0.082%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and SunX is 0.675% dearer against Bybit than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of −0.082%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04548 | −0.0375 | get 0.0188% / 4h | 2h 04m | $10.6M | $9.0M | 20x |
| Short | SunX CHIP-USDT | 0.04575 | 0.0100 | get 0.0050% / 4h | 2h 04m | $834 | $1.1M | 10x |
Bybit CHIPUSDT
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $99.83
- Price spread: +0.594% → −0.082%
- $67.54
- Slippage, 4 orders
- −$305.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$157.4
- Costs to cover
- 3.248%
- Break-even
- 18.0 days
Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago | 2.18 bp | 32.0 bp −$32 | 139.5 bp −$1,395 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 48.01 bp | 130.3 bp −$130 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0716% | 1h | 0.04569 | +0.462% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0662% | 1h | 0.04583 | +0.770% | $14K | $249K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0558% | 1h | 0.04574 | +0.565% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDTlong | −0.0375% | 4h | 0.04548 | long leg | $10.6M | $9.0M | 20x | |
| OKX CHIP-USDT-SWAP | −0.0303% | 4h | 0.04545 | −0.066% | $1.9M | $9.1M | 20x | as long as short |
| BloFin CHIP-USDT | −0.0179% | 4h | 0.04566 | +0.396% | $541K | $65K | 50x | as long as short |
| Nado CHIP-PERP | −0.0179% | 1h | 0.04578 | +0.671% | $229K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04589 | +0.901% | $3K | $143K | 5x | as long as short |
| Binance CHIPUSDT | −0.0130% | 4h | 0.04550 | +0.048% | $13.7M | $25.8M | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04543 | −0.110% | $208K | $1.3M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Nado CHIP-PERP
Phoenix CHIP
Binance CHIPUSDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | −0.0126% | 4h | 0.04548 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0086% | 1h | 0.04589 | +0.894% | $170 | $39K | 5x | as long as short |
| Aster CHIPUSDT | +0.0004% | 4h | 0.04567 | +0.412% | $46K | $228K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04556 | +0.176% | $84K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04559 | +0.253% | $14.5M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04553 | +0.108% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04551 | +0.066% | $674K | $905K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04556 | +0.176% | $973K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04550 | +0.044% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04543 | −0.110% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04584 | +0.798% | $835K | $462K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04575 | +0.594% | $834 | $1.1M | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +4.584% | $46K | $41K | 50x | as long as short |
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Coinbase International CHIP-PERP-INTX