Funding you earn now, next payment 03:00 UTC−0.0664%/8h= −72.7% APRpaid last 24h −0.244%
Price spread now: Binance against Coinbase International−3.586%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Binance is 3.586% cheaper against Coinbase International than usual: you would sell low and buy high (−$359 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 | 0.04855 | 0.0736 | pay 0.0092% / 1h | 44m 03s | $47K | $42K | 50x |
| Short | Binance CHIPUSDT | 0.04681 | 0.0072 | get 0.0036% / 4h | 44m 03s | $14.1M | $26.8M | 50x |
Coinbase International CHIP-PERP-INTX
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$139.35
- Price spread: −3.586% → 0.000%
- −$358.58
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$517.93
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago | 1.06 bp | 23.4 bp −$23 | 114.8 bp −$1,148 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0683% | 1h | 0.04691 | −3.374% | $34K | $245K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0639% | 1h | 0.04657 | −4.074% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0561% | 4h | 0.04686 | −3.477% | $10.8M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04664 | −3.930% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0382% | 4h | 0.04680 | −3.601% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0112% | 1h | 0.04688 | −3.432% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | −0.0106% | 4h | 0.04686 | −3.486% | $50K | $276K | 5x | as long as short |
| Nado CHIP-PERP | −0.0072% | 1h | 0.04677 | −3.652% | $237K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0015% | 4h | 0.04664 | −3.930% | $568K | $63K | 50x | as long as short |
| Extended CHIP-USD | +0.0072% | 1h | 0.04676 | −3.678% | $213K | $1.9M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0072% | 4h | 0.04682 | −3.559% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDTshort | +0.0072% | 4h | 0.04681 | −3.586% | $14.1M | $26.8M | 50x | |
| Lighter CHIP | +0.0096% | 1h | 0.04685 | −3.498% | $87K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04690 | −3.397% | $14.6M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04673 | −3.741% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04682 | −3.559% | $680K | $950K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04683 | −3.539% | $979K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04681 | −3.580% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04682 | −3.559% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04672 | −3.773% | $831K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04678 | −3.642% | $584 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0320% | 1h | 0.04678 | −3.639% | $132 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXlong | +0.0736% | 1h | 0.04855 | long leg | $47K | $42K | 50x |
MEXC CHIP_USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD