CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0174%/8h= −19.0% APRnext payment −$0.87 per $10,000 · paid last 24h −0.014%

Price spread now: Bybit against MEXC+0.063%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1071.073% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 7 days+0.086%+$9 · spread now +0.063%, 7d avg +0.080%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CHIP_USDT	0.04752	0.0100	pay 0.0050% / 4h	2h 03m	$1.8M	$1.2M	50x
Short	Bybit CHIPUSDT	0.04755	−0.0074	pay 0.0037% / 4h	2h 03m	$11.1M	$8.7M	20x

Funding history

latest

Range statsloading…

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee BybitbpOrdersPrice spread, now +0.063%Rate

Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 5 min ago.

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, 4 min ago	1.05 bp	14.7 bp −$15	91.3 bp −$913	229.0 bp −$22.9K	622.4 bp −$311.2K
Sell Bybit live order book, 5 min ago	3.17 bp	42.8 bp −$43	163.3 bp −$1,633	doesn't fit	doesn't fit

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	−0.1510%	1h	0.04755	+0.063%	$14K	$221K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0180%	1h	0.04717	−0.737%	$16K	$244K	50x	as long as short
Phoenix CHIP	−0.0172%	1h	0.04725	−0.568%	$3K	$129K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0102%	4h	0.04750	−0.042%	$2.0M	$9.4M	20x	as long as short
Nado CHIP-PERP	−0.0098%	1h	0.04750	−0.042%	$240K	$19K	5x	as long as short
Bybit CHIPUSDTshort	−0.0074%	4h	0.04755	+0.063%	$11.1M	$8.7M	20x
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04761	+0.181%	$10K	$24K	10x	as long as short
Aster CHIPUSDT	+0.0083%	4h	0.04755	+0.063%	$39K	$263K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04757	+0.105%	$88K	$108K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04765	+0.276%	$15.0M	$6.1M	3x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CHIP	+0.0100%	1h	0.04752	0.000%	$14K	$688	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04750	−0.042%	$14.4M	$26.1M	50x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04754	+0.042%	$702K	$969K	50x	as long as short
MEXC CHIP_USDTlong	+0.0100%	4h	0.04752	long leg	$1.8M	$1.2M	50x
KuCoin CHIPUSDTM	+0.0100%	4h	0.04754	+0.042%	$1.0M	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04751	−0.021%	$2.0M	$3.3M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04752	0.000%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04750	−0.039%	$901K	$467K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04744	−0.168%	$605	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04750	−0.035%	$217K	$1.9M	5x	as long as short
Aftermath Perps CHIPUSD	+0.0403%	1h	0.04746	−0.129%	$72	$38K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0848%	1h	0.04767	+0.309%	$46K	$41K	50x	as long as short