Funding you earn now, next payment 00:00 UTC−0.0159%/8h= −17.4% APRnext payment −$0.79 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against KuCoin−0.043%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1271.269% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.043%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.115%, 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 | 0.04691 | 0.0100 | pay 0.0050% / 4h | 40m 27s | $989K | $1.1M | 50x |
| Short | OKX CHIP-USDT-SWAP | 0.04689 | −0.0059 | pay 0.0029% / 4h | 40m 27s | $1.9M | $9.3M | 20x |
KuCoin CHIPUSDTM
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$33.36
- Price spread: −0.043% → −0.015%
- −$2.78
- Slippage, 4 orders
- −$104.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$163.02
- Costs to cover
- 1.269%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: 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 KuCoin live order book, 4 min ago | 3.20 bp | 45.0 bp −$45 | 549.8 bp −$5,498 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.07 bp | 14.3 bp −$14 | 166.1 bp −$1,661 | 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 | −0.1357% | 1h | 0.04690 | −0.021% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04683 | −0.171% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0093% | 1h | 0.04689 | −0.034% | $123 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0059% | 4h | 0.04689 | −0.043% | $1.9M | $9.3M | 20x | |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04694 | +0.064% | $10K | $24K | 10x | as long as short |
| MEXC CHIP_USDT | +0.0022% | 4h | 0.04694 | +0.064% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0024% | 1h | 0.04691 | −0.007% | $214K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0024% | 4h | 0.04694 | +0.064% | $14.1M | $26.1M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0043% | 4h | 0.04682 | −0.192% | $548K | $66K | 50x | as long as short |
| Bybit CHIPUSDT | +0.0080% | 4h | 0.04694 | +0.064% | $10.9M | $8.9M | 20x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDT
BloFin CHIP-USDT
Bybit CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04697 | +0.128% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04703 | +0.247% | $14.7M | $6.7M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04695 | +0.090% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04695 | +0.075% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04691 | 0.000% | $693K | $911K | 50x | as long as short |
| KuCoin CHIPUSDTMlong | +0.0100% | 4h | 0.04691 | long leg | $989K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04696 | +0.107% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04692 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04688 | −0.055% | $878K | $468K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04679 | −0.256% | $14K | $248K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04683 | −0.171% | $694 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0523% | 1h | 0.04691 | +0.011% | $235K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04716 | +0.527% | $45K | $40K | 50x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX