CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against MEXC+0.087%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$570.569% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 7 days−0.019%−$2 · spread now +0.087%, 7d avg +0.038%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.049% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CHIP_USDT	0.04608	−0.0050	get 0.0025% / 4h	1h 16m	$1.8M	$1.2M	50x
Short	BingX CHIP-USDT	0.04612	0.0100	get 0.0050% / 4h	1h 16m	—	$1.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now +0.087%Rate

Funding earned: $31.5
Price spread: +0.087% → +0.038%: $4.89
Slippage, 4 orders: −$46.89
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$20.5
Costs to cover: 0.569%
Break-even: 11.6 days

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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, 5 min ago	1.09 bp	8.7 bp −$9	65.5 bp −$655	221.6 bp −$22.2K	646.1 bp −$323.0K
Sell BingX live order book, 6 min ago	4.34 bp	22.4 bp −$22	68.8 bp −$688	611.0 bp −$61.1K	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	−0.1265%	1h	0.04613	+0.109%	$16K	$234K	5x	as long as short
Phoenix CHIP	−0.0352%	1h	0.04606	−0.043%	$3K	$143K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0145%	4h	0.04614	+0.130%	$1.9M	$9.2M	20x	as long as short
Aftermath Perps CHIPUSD	−0.0136%	1h	0.04605	−0.064%	$117	$39K	5x	as long as short
Nado CHIP-PERP	−0.0116%	1h	0.04607	−0.011%	$231K	$18K	5x	as long as short
BloFin CHIP-USDT	−0.0082%	4h	0.04607	−0.022%	$540K	$67K	50x	as long as short
MEXC CHIP_USDTlong	−0.0050%	4h	0.04608	long leg	$1.8M	$1.2M	50x
Extended CHIP-USD	−0.0048%	1h	0.04611	+0.067%	$210K	$1.3M	5x	as long as short
Binance CHIPUSDT	−0.0047%	4h	0.04609	+0.022%	$13.8M	$26.0M	50x	as long as short
ApeX Omni CHIPUSDT	−0.0006%	1h	0.04607	−0.022%	$14K	$247K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04614	+0.135%	$10K	$25K	10x	as long as short
Bybit CHIPUSDT	+0.0079%	4h	0.04612	+0.087%	$10.7M	$8.9M	20x	as long as short
Lighter CHIP	+0.0096%	1h	0.04610	+0.043%	$86K	$109K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04618	+0.221%	$14.5M	$6.8M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04612	+0.087%	$48K	$230K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04610	+0.043%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04611	+0.065%	$681K	$910K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04613	+0.109%	$985K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04612	+0.087%	$2.0M	$3.1M	50x	as long as short
BingX CHIP-USDTshort	+0.0100%	4h	0.04612	+0.087%	—	$1.9M	—
Variational Omni CHIP	+0.0100%	4h	0.04608	−0.002%	$849K	$455K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04604	−0.087%	$740	$1.1M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0824%	1h	0.04636	+0.605%	$45K	$40K	50x	as long as short