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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: SunX against KuCoin−0.149%54s7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3613.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 3 days (all we have)+1.306%+$131 · spread now −0.149%, 7d avg −0.079%
Together, before fees+1.518%+$152 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: SunX is 0.069% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.079%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CHIPUSDTM0.047060.0100pay 0.0050% / 4h3h 30m$1.0M$1.0M50x
ShortSunX CHIP-USDT0.046990.0100get 0.0050% / 4h3h 30m$730$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.149% → −0.079%
−$6.95
Slippage, 4 orders
−$341.11
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$368.06
Costs to cover
3.611%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; SunX: live order book, 3 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, 14 min ago9.55 bp69.0 bp −$69589.0 bp −$5,890doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago45.81 bp128.5 bp −$129doesn't fitdoesn'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−0.1876%1h0.04702−0.085%$16K$236K5xas long as short
ApeX Omni CHIPUSDT−0.0528%1h0.04697−0.191%$14K$248K50xas long as short
Bybit CHIPUSDT−0.0419%4h0.047060.000%$11.1M$8.6M20xas long as short
Phoenix CHIP−0.0338%1h0.04705−0.021%$3K$143K5xas long as short
Nado CHIP-PERP−0.0200%1h0.04702−0.085%$235K$18K5xas long as short
OKX CHIP-USDT-SWAP−0.0043%4h0.04699−0.149%$1.9M$9.2M20xas long as short
BloFin CHIP-USDT−0.0038%4h0.04705−0.021%$559K$73K50xas long as short
Extended CHIP-USD−0.0024%1h0.04702−0.082%$214K$1.3M5xas long as short
Binance CHIPUSDT−0.0022%4h0.04703−0.065%$14.2M$25.3M50xas long as short
MEXC CHIP_USDT−0.0020%4h0.04701−0.106%$1.9M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04708+0.040%$10K$24K10xas long as short
Aster CHIPUSDT+0.0067%4h0.04703−0.067%$41K$210K5xas long as short
Gate CHIP_USDT+0.0068%4h0.04709+0.064%$711K$878K50xas long as short
Lighter CHIP+0.0096%1h0.04705−0.021%$88K$109K3xas long as short
Pacifica CHIP+0.0100%1h0.04705−0.025%$13K$6283xas long as short
KuCoin CHIPUSDTMlong+0.0100%4h0.04706long leg$1.0M$1.0M50x
Bitget CHIPUSDT+0.0100%4h0.04709+0.064%$2.0M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04704−0.042%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04706+0.009%$912K$400Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04699−0.149%$730$1.0M10x
Aftermath Perps CHIPUSD+0.0114%1h0.04707+0.022%$141$39K5xas long as short
Hyperliquid CHIP+0.0192%1h0.04713+0.140%$15.4M$6.4M3xas long as short
Coinbase International CHIP-PERP-INTX+0.0784%1h0.04757+1.073%$46K$41K50xas long as short