Funding you earn now, next payment 03:00 UTC−0.0481%/8h= −52.6% APRpaid last 24h −0.068%
Price spread now: ApeX Omni against MEXC+0.523%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days−0.424%−$42 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.523%, 7d avg +0.011%
=The price spread pays, funding is against you. ApeX Omni is 0.512% dearer against MEXC than usual: you sell high and buy low (spread +0.523% now, against its 7-day average of +0.011%): +$51 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.424% in total) that is about 8.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04778 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $1.8M | $1.1M | 50x |
| Short | ApeX Omni CHIPUSDT | 0.04803 | −0.0381 | pay 0.0048% / 1h | 30m 53s | $17K | $245K | 50x |
MEXC CHIP_USDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- −$100.92
- Price spread: +0.523% → +0.011%
- $51.21
- Slippage, 4 orders
- −$39.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$98.75
- Costs to cover
- 0.490%
- Break-even
- from the start
Slippage from MEXC: live order book, 6 min ago; ApeX Omni: live order book, 31 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 MEXC live order book, 6 min ago | 1.05 bp | 8.9 bp −$9 | 63.9 bp −$639 | 253.7 bp −$25.4K | 787.0 bp −$393.5K |
| Sell ApeX Omni live order book, 31 min ago | 8.43 bp | 16.5 bp −$17 | 133.7 bp −$1,337 | 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 | −0.0800% | 1h | 0.04783 | +0.105% | $28K | $235K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0440% | 4h | 0.04782 | +0.084% | $11.0M | $8.9M | 20x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0381% | 1h | 0.04803 | +0.523% | $17K | $245K | 50x | |
| Phoenix CHIP | −0.0337% | 1h | 0.04795 | +0.356% | $3K | $130K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0313% | 1h | 0.04792 | +0.287% | $10K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0193% | 4h | 0.04780 | +0.042% | $2.0M | $9.6M | 20x | as long as short |
| Aster CHIPUSDT | −0.0003% | 4h | 0.04790 | +0.250% | $46K | $267K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04787 | +0.188% | $89K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04797 | +0.402% | $15.1M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04792 | +0.291% | $14K | $689 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04777 | −0.017% | $14.5M | $26.3M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04792 | +0.293% | $706K | $948K | 50x | as long as short |
| MEXC CHIP_USDTlong | +0.0100% | 4h | 0.04778 | long leg | $1.8M | $1.1M | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04787 | +0.188% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04782 | +0.084% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04778 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04783 | +0.095% | $851K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04786 | +0.167% | $885 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04776 | −0.039% | $218K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0105% | 4h | 0.04777 | −0.021% | $570K | $63K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0380% | 1h | 0.04784 | +0.121% | $84 | $38K | 5x | as long as short |
| Nado CHIP-PERP | +0.0383% | 1h | 0.04786 | +0.167% | $241K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04822 | +0.910% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX