Funding you earn now, next payment 09:00 UTC+0.0802%/8h= +87.8% APRpaid last 24h −0.040%
Price spread now: BingX against Deribit+0.135%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.135% dearer against Deribit than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04827 | −0.0702 | get 0.0088% / 1h | 48m 33s | $10K | $23K | 10x |
| Short | BingX CHIP-USDT | 0.04833 | 0.0100 | get 0.0050% / 4h | 3h 48m | — | $1.9M | — |
Deribit CHIP_USDC-PERPETUAL
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- $168.45
- Price spread: +0.135% → 0.000%
- $13.47
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $164.92
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage unknown: Deribit: no order-book sample; BingX: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 4.18 bp | 30.8 bp −$31 | 94.3 bp −$943 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUALlong | −0.0702% | 1h | 0.04827 | long leg | $10K | $23K | 10x | |
| Phoenix CHIP | −0.0167% | 1h | 0.04818 | −0.176% | $3K | $122K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0039% | 4h | 0.04822 | −0.093% | $2.2M | $9.6M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0028% | 1h | 0.04827 | +0.017% | $262 | $35K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0008% | 4h | 0.04832 | +0.114% | $1.0M | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04837 | +0.218% | $100K | $106K | 3x | as long as short |
| BloFin CHIP-USDT | +0.0096% | 4h | 0.04823 | −0.073% | $572K | $117K | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04842 | +0.323% | $15.0M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04835 | +0.166% | $49K | $274K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04834 | +0.157% | $16K | $4K | 3x | as long as short |
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
KuCoin CHIPUSDTM
Lighter CHIP
BloFin CHIP-USDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04830 | +0.075% | $14.5M | $26.9M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04836 | +0.197% | $11.0M | $9.0M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04835 | +0.176% | $723K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04830 | +0.073% | $1.9M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04826 | −0.010% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04833 | +0.135% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04840 | +0.284% | $936K | $472K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04817 | −0.197% | $17K | $246K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04826 | −0.010% | $649 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04830 | +0.068% | $220K | $1.8M | 5x | as long as short |
| Nado CHIP-PERP | +0.0148% | 1h | 0.04823 | −0.062% | $244K | $18K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0542% | 1h | 0.04827 | +0.010% | $26K | $211K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04867 | +0.839% | $47K | $38K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Extended CHIP-USD
Nado CHIP-PERP
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX