Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.069%
Price spread now: KuCoin against Deribit−0.011%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04682 | 0 | get 0.0000% / 1h | 5m 21s | $10K | $24K | 10x |
| Short | KuCoin CHIPUSDTM | 0.04682 | 0.0100 | get 0.0050% / 4h | 3h 05m | $979K | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.011% → 0.000%
- −$1.07
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $0.93
- Costs to cover
- 0.190%
- Break-even
- 6.7 days
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 6.41 bp | 36.6 bp −$37 | 466.3 bp −$4,663 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0688% | 1h | 0.04680 | −0.053% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0257% | 1h | 0.04679 | −0.075% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04688 | +0.117% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0132% | 1h | 0.04674 | −0.171% | $234K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | 0.0000% | 1h | 0.04682 | long leg | $10K | $24K | 10x | |
| OKX CHIP-USDT-SWAP | +0.0015% | 4h | 0.04675 | −0.160% | $1.9M | $9.1M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04684 | +0.032% | $87K | $108K | 3x | as long as short |
| BloFin CHIP-USDT | +0.0099% | 4h | 0.04687 | +0.096% | $553K | $66K | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04689 | +0.145% | $14.7M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04680 | −0.055% | $49K | $238K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04682 | −0.011% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04675 | −0.160% | $14.1M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04680 | −0.053% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04683 | +0.011% | $694K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04675 | −0.160% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04682 | −0.011% | $979K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04677 | −0.117% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04676 | −0.139% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04679 | −0.083% | $879K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04674 | −0.182% | $660 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04674 | −0.185% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0312% | 1h | 0.04684 | +0.043% | $87 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04715 | +0.686% | $45K | $40K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Lighter CHIP
BloFin CHIP-USDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX