Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.064%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now +0.064%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.106% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, 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 | Gate CHIP_USDT | 0.04685 | 0.0036 | pay 0.0018% / 4h | 3h 26m | $672K | $987K | 50x |
| Short | KuCoin CHIPUSDTM | 0.04688 | 0.0078 | get 0.0039% / 4h | 3h 26m | $972K | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $8.82
- Price spread: +0.064% → −0.042%
- $10.62
- Slippage, 4 orders
- −$147.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$154.6
- Costs to cover
- 1.740%
- Break-even
- 129.7 days
Slippage from Gate: live order book, 25 min ago; KuCoin: 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 Gate live order book, 25 min ago | 11.68 bp | 35.5 bp −$35 | 262.3 bp −$2,623 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.39 bp | 30.9 bp −$31 | 470.4 bp −$4,704 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0791% | 4h | 0.04686 | +0.021% | $10.7M | $9.1M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04701 | +0.342% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0304% | 4h | 0.04685 | 0.000% | $2.0M | $9.6M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0173% | 1h | 0.04686 | +0.021% | $34K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0105% | 1h | 0.04706 | +0.448% | $16K | $245K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0070% | 1h | 0.04684 | −0.021% | $9K | $24K | 10x | as long as short |
| Nado CHIP-PERP | −0.0031% | 1h | 0.04680 | −0.107% | $237K | $18K | 5x | as long as short |
| Gate CHIP_USDTlong | +0.0036% | 4h | 0.04685 | long leg | $672K | $987K | 50x | |
| Aster CHIPUSDT | +0.0073% | 4h | 0.04693 | +0.180% | $56K | $279K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0077% | 4h | 0.04679 | −0.128% | $561K | $65K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHIPUSDTMshort | +0.0078% | 4h | 0.04688 | +0.064% | $972K | $1.1M | 50x | |
| Lighter CHIP | +0.0096% | 1h | 0.04691 | +0.128% | $96K | $114K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04696 | +0.245% | $14.5M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04688 | +0.060% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04686 | +0.016% | $14.2M | $27.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04685 | 0.000% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04686 | +0.021% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04678 | −0.149% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | +0.399% | $832K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04694 | +0.192% | $907 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04678 | −0.157% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0161% | 1h | 0.04696 | +0.233% | $124 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.708% | $46K | $37K | 50x | as long as short |
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
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