Funding you earn now, next payment 00:00 UTC−0.0129%/8h= −14.1% APRnext payment −$0.64 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against KuCoin+0.002%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1411.405% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.002%, 7d avg −0.066%
=The price spread pays, funding is against you. Binance is 0.068% dearer against KuCoin than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.066%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours. Mind the row above: over the last 7 days funding on this pair paid +0.193%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHIPUSDTM | 0.04612 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $988K | $1.1M | 50x |
| Short | Binance CHIPUSDT | 0.04612 | −0.0029 | pay 0.0014% / 4h | 1h 06m | $13.8M | $26.0M | 50x |
KuCoin CHIPUSDTM
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$27.08
- Price spread: +0.002% → −0.066%
- $6.81
- Slippage, 4 orders
- −$118.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$160.78
- Costs to cover
- 1.405%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 5 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 KuCoin live order book, 3 min ago | 3.25 bp | 54.1 bp −$54 | 570.3 bp −$5,703 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.09 bp | 17.6 bp −$18 | 68.8 bp −$688 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1270% | 1h | 0.04613 | +0.022% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04607 | −0.108% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0144% | 1h | 0.04606 | −0.130% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0142% | 4h | 0.04610 | −0.043% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0125% | 1h | 0.04610 | −0.040% | $71 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0057% | 4h | 0.04610 | −0.043% | $542K | $67K | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0040% | 1h | 0.04610 | −0.043% | $14K | $247K | 50x | as long as short |
| Extended CHIP-USD | −0.0032% | 1h | 0.04612 | +0.001% | $210K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0032% | 4h | 0.04610 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDTshort | −0.0029% | 4h | 0.04612 | +0.002% | $13.8M | $26.0M | 50x |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04615 | +0.072% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0046% | 4h | 0.04613 | +0.022% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04613 | +0.022% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04620 | +0.167% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04615 | +0.061% | $49K | $231K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04613 | +0.030% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04612 | 0.000% | $681K | $910K | 50x | as long as short |
| KuCoin CHIPUSDTMlong | +0.0100% | 4h | 0.04612 | long leg | $988K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.022% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04611 | −0.022% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04601 | −0.241% | $848K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04604 | −0.173% | $845 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.518% | $45K | $40K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX