Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Gate−0.424%63s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.160% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.626%+$63 · spread now −0.424%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.349% cheaper against Gate than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04715 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $674K | $983K | 50x |
| Short | BloFin CHIP-USDT | 0.04695 | 0.0107 | get 0.0053% / 4h | 2h 14m | $555K | $65K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $1.43
- Price spread: −0.424% → −0.075%
- −$34.93
- Slippage, 4 orders
- −$89.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$149.51
- Costs to cover
- 1.160%
- Break-even
- 741.0 days
Slippage from Gate: live order book, 33 min ago; BloFin: live order book, 12 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 Gate live order book, 33 min ago | 11.81 bp | 41.3 bp −$41 | 241.4 bp −$2,414 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 6.49 bp | 21.1 bp −$21 | 65.5 bp −$655 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0676% | 1h | 0.04691 | −0.509% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0389% | 4h | 0.04716 | +0.021% | $10.6M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0302% | 1h | 0.04704 | −0.240% | $9K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0257% | 4h | 0.04711 | −0.085% | $2.0M | $9.6M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04699 | −0.339% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0115% | 1h | 0.04696 | −0.403% | $238K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0034% | 4h | 0.04715 | 0.000% | $986K | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | 0.0000% | 1h | 0.04688 | −0.574% | $124 | $36K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04716 | +0.021% | $98K | $113K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04722 | +0.140% | $14.6M | $6.1M | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04714 | −0.023% | $55K | $279K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04701 | −0.295% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04710 | −0.113% | $14.1M | $27.2M | 50x | as long as short |
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04715 | long leg | $674K | $983K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04709 | −0.127% | $1.8M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04713 | −0.042% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04711 | −0.085% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04719 | +0.085% | $35K | $234K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04702 | −0.271% | $827K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04696 | −0.403% | $599 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04710 | −0.111% | $214K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDTshort | +0.0107% | 4h | 0.04695 | −0.424% | $555K | $65K | 50x | |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04723 | +0.163% | $45K | $37K | 50x | as long as short |
Gate CHIP_USDT
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX