Funding you earn now, next payment 02:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h +0.001%
Price spread now: OKX against Extended+0.080%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.080%, 7d avg +0.044%
=Together, before fees−0.174%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.036% dearer against Extended than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.044%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.085% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04631 | 0.0104 | pay 0.0013% / 1h | 45m 02s | $216K | $1.9M | 5x |
| Short | OKX CHIP-USDT-SWAP | 0.04635 | −0.0006 | pay 0.0003% / 4h | 2h 45m | $1.9M | $9.1M | 20x |
Extended CHIP-USD
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$23.17
- Price spread: +0.080% → +0.044%
- $3.6
- Slippage, 4 orders
- −$91.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.73
- Costs to cover
- 1.062%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 2.48 bp | 31.5 bp −$31 | 232.8 bp −$2,328 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.24 bp | 23.9 bp −$24 | 140.4 bp −$1,404 | 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 | −0.0759% | 1h | 0.04634 | +0.058% | $14K | $215K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0389% | 1h | 0.04631 | −0.006% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04634 | +0.058% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0018% | 1h | 0.04636 | +0.102% | $233K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0006% | 4h | 0.04635 | +0.080% | $1.9M | $9.1M | 20x | |
| BloFin CHIP-USDT | +0.0074% | 4h | 0.04644 | +0.274% | $555K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04635 | +0.080% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04646 | +0.309% | $14.6M | $6.4M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04638 | +0.143% | $39K | $255K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04637 | +0.127% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
BloFin CHIP-USDT
Lighter CHIP
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 | 0.04635 | +0.080% | $13.9M | $26.2M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04638 | +0.145% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04637 | +0.123% | $689K | $945K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04632 | +0.015% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04636 | +0.102% | $969K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04638 | +0.145% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04635 | +0.080% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04634 | +0.064% | $870K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04634 | +0.058% | $592 | $1.1M | 10x | as long as short |
| Extended CHIP-USDlong | +0.0104% | 1h | 0.04631 | long leg | $216K | $1.9M | 5x | |
| Aftermath Perps CHIPUSD | +0.0317% | 1h | 0.04641 | +0.213% | $93 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0591% | 1h | 0.04641 | +0.216% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.799% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX