Funding you earn now, next payment 23:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h −0.009%
Price spread now: Bybit against Extended+0.028%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.028%, 7d avg +0.112%
=Together, before fees−0.022%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.084% cheaper against Extended than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.112%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04593 | −0.0096 | get 0.0012% / 1h | 32m 22s | $209K | $1.3M | 5x |
| Short | Bybit CHIPUSDT | 0.04594 | 0.0014 | get 0.0007% / 4h | 1h 32m | $10.7M | $9.0M | 20x |
Extended CHIP-USD
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- $23.07
- Price spread: +0.028% → +0.112%
- −$8.41
- Slippage, 4 orders
- −$107.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.46
- Costs to cover
- 1.231%
- Break-even
- 39.9 days
Slippage from Extended: live order book, 1 min ago; Bybit: live order book, 1 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 Extended live order book, 1 min ago | 3.16 bp | 32.8 bp −$33 | 259.8 bp −$2,598 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.18 bp | 28.0 bp −$28 | 156.1 bp −$1,561 | 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 | −0.1276% | 1h | 0.04594 | +0.028% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04595 | +0.050% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0203% | 4h | 0.04592 | −0.015% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0174% | 1h | 0.04587 | −0.122% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0128% | 1h | 0.04594 | +0.039% | $230K | $18K | 5x | as long as short |
| Binance CHIPUSDT | −0.0097% | 4h | 0.04591 | −0.037% | $13.8M | $26.0M | 50x | as long as short |
| Extended CHIP-USDlong | −0.0096% | 1h | 0.04593 | long leg | $209K | $1.3M | 5x | |
| MEXC CHIP_USDT | −0.0096% | 4h | 0.04591 | −0.037% | $1.8M | $1.2M | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0069% | 1h | 0.04580 | −0.277% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0052% | 4h | 0.04591 | −0.037% | $541K | $67K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Binance CHIPUSDT
MEXC CHIP_USDT
ApeX Omni CHIPUSDT
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDTshort | +0.0014% | 4h | 0.04594 | +0.028% | $10.7M | $9.0M | 20x | |
| Aster CHIPUSDT | +0.0068% | 4h | 0.04597 | +0.095% | $48K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04598 | +0.115% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04599 | +0.133% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04595 | +0.048% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04591 | −0.037% | $678K | $903K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04593 | +0.006% | $978K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04595 | +0.050% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04593 | +0.006% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04580 | −0.266% | $843K | $465K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04592 | −0.015% | $1K | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0163% | 1h | 0.04598 | +0.120% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.566% | $46K | $41K | 50x | as long as short |
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX