Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.001%
Price spread now: Extended against OKX+0.018%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.018%, 7d avg −0.044%
=Together, before fees+0.076%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.062% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04632 | −0.0002 | get 0.0001% / 4h | 2h 46m | $1.9M | $9.1M | 20x |
| Short | Extended CHIP-USD | 0.04633 | 0.0104 | get 0.0013% / 1h | 46m 14s | $216K | $1.9M | 5x |
OKX CHIP-USDT-SWAP
Extended CHIP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $22.17
- Price spread: +0.018% → −0.044%
- $6.16
- Slippage, 4 orders
- −$91.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$77.83
- Costs to cover
- 1.062%
- Break-even
- 31.6 days
Slippage from OKX: live order book, 2 min ago; Extended: 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 OKX live order book, 2 min ago | 3.24 bp | 16.2 bp −$16 | 210.5 bp −$2,105 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.48 bp | 34.6 bp −$35 | 279.7 bp −$2,797 | 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 | −0.0687% | 1h | 0.04635 | +0.065% | $14K | $215K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0354% | 1h | 0.04644 | +0.259% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04612 | −0.432% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0015% | 1h | 0.04630 | −0.032% | $233K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0002% | 4h | 0.04632 | long leg | $1.9M | $9.1M | 20x | |
| BloFin CHIP-USDT | +0.0074% | 4h | 0.04644 | +0.259% | $555K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04638 | +0.130% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04645 | +0.285% | $14.6M | $6.4M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04638 | +0.134% | $39K | $255K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04636 | +0.089% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
BloFin CHIP-USDT
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 | 0.04634 | +0.043% | $13.9M | $26.2M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04639 | +0.151% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04639 | +0.151% | $689K | $944K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04634 | +0.043% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04637 | +0.108% | $970K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04635 | +0.065% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04634 | +0.043% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04634 | +0.049% | $870K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04627 | −0.108% | $591 | $1.1M | 10x | as long as short |
| Extended CHIP-USDshort | +0.0104% | 1h | 0.04633 | +0.018% | $216K | $1.9M | 5x | |
| Aftermath Perps CHIPUSD | +0.0311% | 1h | 0.04642 | +0.220% | $93 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0763% | 1h | 0.04644 | +0.257% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.783% | $45K | $40K | 50x | 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
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX