Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.046%
Price spread now: Deribit against Gate−0.570%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.570% cheaper against Gate than usual: you would sell low and buy high (−$57 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04788 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $684K | $968K | 50x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04761 | 0 | get 0.0000% / 1h | 34m 42s | $10K | $24K | 10x |
Gate CHIP_USDT
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: −0.570% → 0.000%
- −$57.02
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$100.02
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 7 min ago; Deribit: no order-book sample. 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 Gate live order book, 7 min ago | 10.45 bp | 33.2 bp −$33 | 236.8 bp −$2,368 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0420% | 4h | 0.04782 | −0.125% | $10.8M | $9.2M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0399% | 1h | 0.04761 | −0.564% | $17K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0201% | 4h | 0.04777 | −0.230% | $2.1M | $9.8M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04761 | −0.564% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0135% | 1h | 0.04748 | −0.835% | $240K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0042% | 4h | 0.04782 | −0.125% | $1.0M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0007% | 1h | 0.04757 | −0.654% | $123 | $36K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | 0.0000% | 1h | 0.04761 | −0.570% | $10K | $24K | 10x | |
| BloFin CHIP-USDT | +0.0075% | 4h | 0.04755 | −0.689% | $567K | $91K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04784 | −0.084% | $99K | $107K | 3x | as long as short |
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Nado CHIP-PERP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04786 | −0.042% | $14.8M | $6.0M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04782 | −0.126% | $55K | $272K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04752 | −0.750% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04780 | −0.168% | $14.4M | $27.1M | 50x | as long as short |
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04788 | long leg | $684K | $968K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04784 | −0.084% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04779 | −0.188% | $2.1M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04779 | −0.188% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04775 | −0.272% | $35K | $231K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04744 | −0.915% | $860K | $445K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04746 | −0.877% | $723 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04776 | −0.243% | $217K | $1.0M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04797 | +0.178% | $46K | $38K | 50x | as long as short |
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