Funding you earn now, next payment 08:00 UTC−0.0796%/8h= −87.2% APRpaid last 24h −0.247%
Price spread now: Aster against Coinbase International−0.608%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aster is 0.608% cheaper against Coinbase International than usual: you would sell low and buy high (−$61 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CHIP-PERP-INTX | 0.04824 | 0.0896 | pay 0.0112% / 1h | 18m 16s | $46K | $37K | 50x |
| Short | Aster CHIPUSDT | 0.04795 | 0.0100 | get 0.0050% / 4h | 3h 18m | $49K | $275K | 5x |
Coinbase International CHIP-PERP-INTX
Aster CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$167.16
- Price spread: −0.608% → 0.000%
- −$60.77
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$245.93
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Aster: live order book, 14 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 14 min ago | 7.35 bp | 28.0 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.04779 | −0.931% | $3K | $122K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0141% | 1h | 0.04781 | −0.889% | $17K | $247K | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0116% | 1h | 0.04779 | −0.938% | $93 | $35K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0062% | 1h | 0.04799 | −0.518% | $10K | $23K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0013% | 4h | 0.04794 | −0.620% | $2.2M | $9.6M | 20x | as long as short |
| Nado CHIP-PERP | +0.0034% | 1h | 0.04792 | −0.651% | $242K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0062% | 4h | 0.04797 | −0.558% | $1.0M | $1.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04789 | −0.723% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04802 | −0.452% | $14.8M | $5.9M | 3x | as long as short |
| Aster CHIPUSDTshort | +0.0100% | 4h | 0.04795 | −0.608% | $49K | $275K | 5x |
Phoenix CHIP
ApeX Omni CHIPUSDT
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
KuCoin CHIPUSDTM
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04787 | −0.773% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04794 | −0.620% | $14.4M | $26.9M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04797 | −0.558% | $10.9M | $8.9M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04795 | −0.599% | $720K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04792 | −0.661% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04798 | −0.537% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04796 | −0.578% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04789 | −0.723% | $26K | $210K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04783 | −0.842% | $923K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04794 | −0.620% | $822 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04794 | −0.613% | $222K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0118% | 4h | 0.04781 | −0.889% | $525K | $117K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTXlong | +0.0896% | 1h | 0.04824 | long leg | $46K | $37K | 50x |
Pacifica CHIP
Binance CHIPUSDT
Bybit 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