Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.064%
Price spread now: ApeX Omni against KuCoin−0.256%67s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1181.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.229%−$23 on $10k
Price spread, last 3 days (all we have)+0.212%+$21 · spread now −0.256%, 7d avg −0.051%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.205% cheaper against KuCoin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.051%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CHIPUSDTM0.046910.0100pay 0.0050% / 4h40m 30s$989K$1.1M50x
ShortApeX Omni CHIPUSDT0.046790.0100get 0.0013% / 1h40m 30s$14K$248K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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

Funding earned
$0
Price spread: −0.256% → −0.051%
−$20.5
Slippage, 4 orders
−$96.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$138.54
Costs to cover
1.180%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; ApeX Omni: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago3.20 bp45.0 bp −$45549.8 bp −$5,498doesn't fitdoesn't fit
Sell ApeX Omni live order book, 36 min ago8.68 bp16.3 bp −$16131.9 bp −$1,319doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.1357%1h0.04690−0.021%$15K$234K5xas long as short
Phoenix CHIP−0.0173%1h0.04683−0.171%$3K$140K5xas long as short
Aftermath Perps CHIPUSD−0.0093%1h0.04689−0.034%$123$39K5xas long as short
OKX CHIP-USDT-SWAP−0.0059%4h0.04689−0.043%$1.9M$9.3M20xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04694+0.064%$10K$24K10xas long as short
MEXC CHIP_USDT+0.0022%4h0.04694+0.064%$1.8M$1.1M50xas long as short
Extended CHIP-USD+0.0024%1h0.04691−0.007%$214K$1.3M5xas long as short
Binance CHIPUSDT+0.0024%4h0.04694+0.064%$14.1M$26.1M50xas long as short
BloFin CHIP-USDT+0.0043%4h0.04682−0.192%$548K$66K50xas long as short
Bybit CHIPUSDT+0.0080%4h0.04694+0.064%$10.9M$8.9M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CHIP+0.0096%1h0.04697+0.128%$87K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04703+0.247%$14.7M$6.7M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04695+0.090%$51K$236K5xas long as short
Pacifica CHIP+0.0100%1h0.04695+0.075%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.046910.000%$693K$911K50xas long as short
KuCoin CHIPUSDTMlong+0.0100%4h0.04691long leg$989K$1.1M50x
Bitget CHIPUSDT+0.0100%4h0.04696+0.107%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04692+0.021%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04688−0.055%$878K$468Kas long as short
ApeX Omni CHIPUSDTshort+0.0100%1h0.04679−0.256%$14K$248K50x
SunX CHIP-USDT+0.0100%4h0.04683−0.171%$694$1.1M10xas long as short
Nado CHIP-PERP+0.0523%1h0.04691+0.011%$235K$18K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04716+0.527%$45K$40K50xas long as short