Funding you earn now, next payment 04:00 UTC−0.0293%/8h= −32.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.005%
Price spread now: OKX against MEXC+0.042%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now +0.042%, 7d avg +0.048%
=The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | OKX CHIP-USDT-SWAP | 0.04780 | −0.0193 | pay 0.0096% / 4h | 1h 30m | $2.0M | $9.6M | 20x |
MEXC CHIP_USDT
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$61.46
- Price spread: +0.042% → +0.048%
- −$0.62
- Slippage, 4 orders
- −$53.11
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.19
- Costs to cover
- 0.631%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; OKX: live order book, 2 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 OKX live order book, 2 min ago | 2.09 bp | 22.6 bp −$23 | 193.3 bp −$1,933 | 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 CHIPUSDT | −0.0381% | 1h | 0.04803 | +0.523% | $17K | $245K | 50x | as long as short |
| 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-SWAPshort | −0.0193% | 4h | 0.04780 | +0.042% | $2.0M | $9.6M | 20x | |
| 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
ApeX Omni CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
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