CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against Gate+0.105%7-day average −0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$1101.099% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.198%−$20 · spread now +0.105%, 7d avg −0.108%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.214% dearer against Gate than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.108%): +$21 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 44 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CHIP_USDT	0.04756	0.0100	pay 0.0050% / 4h	1h 11m	$703K	$951K	50x
Short	MEXC CHIP_USDT	0.04761	0.0084	get 0.0042% / 4h	1h 11m	$1.8M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$3.36
Price spread: +0.105% → −0.108%: $21.35
Slippage, 4 orders: −$94.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$91.87
Costs to cover: 1.099%
Break-even: never at this rate

Slippage from Gate: live order book, 51 min ago; MEXC: 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 Gate live order book, 51 min ago	3.16 bp	39.4 bp −$39	243.0 bp −$2,430	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.11 bp	17.8 bp −$18	91.2 bp −$912	242.0 bp −$24.2K	756.0 bp −$378.0K

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	−0.0634%	1h	0.04769	+0.273%	$16K	$246K	50x	as long as short
Bybit CHIPUSDT	−0.0571%	4h	0.04764	+0.168%	$11.0M	$8.9M	20x	as long as short
Backpack CHIP_USDC_PERP	−0.0406%	1h	0.04766	+0.210%	$29K	$238K	5x	as long as short
Phoenix CHIP	−0.0337%	1h	0.04777	+0.442%	$3K	$130K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0289%	4h	0.04758	+0.042%	$2.1M	$9.6M	20x	as long as short
Aster CHIPUSDT	−0.0077%	4h	0.04756	0.000%	$48K	$273K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04761	+0.111%	$10K	$24K	10x	as long as short
BloFin CHIP-USDT	+0.0033%	4h	0.04753	−0.063%	$573K	$63K	50x	as long as short
Nado CHIP-PERP	+0.0055%	1h	0.04750	−0.126%	$240K	$19K	5x	as long as short
Binance CHIPUSDT	+0.0079%	4h	0.04760	+0.092%	$14.4M	$26.5M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CHIP-USD	+0.0080%	1h	0.04749	−0.141%	$219K	$1.9M	5x	as long as short
MEXC CHIP_USDTshort	+0.0084%	4h	0.04761	+0.105%	$1.8M	$1.2M	50x
Lighter CHIP	+0.0096%	1h	0.04757	+0.021%	$88K	$107K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04774	+0.378%	$15.0M	$6.2M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04750	−0.126%	$14K	$689	3x	as long as short
Gate CHIP_USDTlong	+0.0100%	4h	0.04756	long leg	$703K	$951K	50x
KuCoin CHIPUSDTM	+0.0100%	4h	0.04755	−0.021%	$991K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04761	+0.105%	$2.0M	$3.3M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04762	+0.126%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04748	−0.177%	$845K	$529K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04748	−0.168%	$612	$1.0M	10x	as long as short
Aftermath Perps CHIPUSD	+0.0407%	1h	0.04785	+0.615%	$148	$38K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0832%	1h	0.04855	+2.077%	$47K	$42K	50x	as long as short