Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.8% APRnext payment +$0.36 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against OKX−0.043%443s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 3 days (all we have)+0.253%+$25 · spread now −0.043%, 7d avg +0.026%
=Funding pays, the price is against you. BloFin is 0.069% cheaper against OKX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.026%). If the spread goes back, that is −$7 on $10k: about 3.2 days of funding at the current rate (+$2 a day). The two prices were read 443 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04646 | 0.0003 | pay 0.0001% / 4h | 2h 41m | $1.9M | $9.2M | 20x |
| Short | BloFin CHIP-USDT | 0.04644 | 0.0074 | get 0.0037% / 4h | 2h 41m | $555K | $63K | 50x |
OKX CHIP-USDT-SWAP
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $15.05
- Price spread: −0.043% → +0.026%
- −$6.87
- Slippage, 4 orders
- −$54.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$67.92
- Costs to cover
- 0.761%
- Break-even
- 38.6 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 24 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 OKX live order book, 1 min ago | 1.08 bp | 18.1 bp −$18 | 244.6 bp −$2,446 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 1.07 bp | 17.3 bp −$17 | 52.7 bp −$527 | 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 | −0.0834% | 1h | 0.04646 | 0.000% | $14K | $216K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0389% | 1h | 0.04631 | −0.323% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04634 | −0.258% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0017% | 1h | 0.04648 | +0.032% | $234K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | +0.0003% | 4h | 0.04646 | long leg | $1.9M | $9.2M | 20x | |
| BloFin CHIP-USDTshort | +0.0074% | 4h | 0.04644 | −0.043% | $555K | $63K | 50x | |
| Lighter CHIP | +0.0096% | 1h | 0.04650 | +0.086% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04657 | +0.237% | $14.6M | $6.4M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04648 | +0.043% | $38K | $254K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04650 | +0.088% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04647 | +0.027% | $14.0M | $26.2M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04651 | +0.108% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04654 | +0.172% | $690K | $947K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04648 | +0.043% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04652 | +0.129% | $975K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04649 | +0.065% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04645 | −0.022% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04634 | −0.252% | $870K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04644 | −0.043% | $899 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04644 | −0.035% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0356% | 1h | 0.04652 | +0.128% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.477% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0933% | 1h | 0.04656 | +0.213% | $10K | $24K | 10x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL