Funding you earn now, next payment 04:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against OKX+0.129%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1201.195% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days−0.206%−$21 · spread now +0.129%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.111% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.56 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 | OKX CHIP-USDT-SWAP | 0.04650 | −0.0412 | get 0.0206% / 4h | 38m 54s | $2.0M | $9.5M | 20x |
| Short | KuCoin CHIPUSDTM | 0.04656 | 0.0100 | get 0.0050% / 4h | 38m 54s | $973K | $1.1M | 50x |
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $107.53
- Price spread: +0.129% → +0.018%
- $11.13
- Slippage, 4 orders
- −$97.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$0.89
- Costs to cover
- 1.195%
- Break-even
- 7.1 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 1 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, 4 min ago | 1.07 bp | 17.3 bp −$17 | 244.8 bp −$2,448 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 7.51 bp | 25.1 bp −$25 | 449.4 bp −$4,494 | 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 | −0.0703% | 1h | 0.04655 | +0.108% | $33K | $245K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0673% | 1h | 0.04655 | +0.103% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0600% | 1h | 0.04674 | +0.516% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0540% | 4h | 0.04656 | +0.129% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04673 | +0.495% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0412% | 4h | 0.04650 | long leg | $2.0M | $9.5M | 20x | |
| Aster CHIPUSDT | −0.0106% | 4h | 0.04658 | +0.172% | $50K | $276K | 5x | as long as short |
| Nado CHIP-PERP | −0.0091% | 1h | 0.04657 | +0.140% | $236K | $20K | 5x | as long as short |
| MEXC CHIP_USDT | +0.0066% | 4h | 0.04651 | +0.022% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0069% | 4h | 0.04651 | +0.022% | $14.1M | $26.8M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
Aster CHIPUSDT
Nado CHIP-PERP
MEXC CHIP_USDT
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | +0.0072% | 1h | 0.04651 | +0.018% | $213K | $1.9M | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04653 | +0.065% | $86K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04659 | +0.194% | $14.5M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04670 | +0.430% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04664 | +0.301% | $684K | $956K | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04656 | +0.129% | $973K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04655 | +0.108% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04653 | +0.065% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04674 | +0.508% | $831K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04655 | +0.108% | $772 | $1.0M | 10x | as long as short |
| BloFin CHIP-USDT | +0.0116% | 4h | 0.04654 | +0.086% | $558K | $63K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0276% | 1h | 0.04674 | +0.526% | $132 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +4.404% | $47K | $42K | 50x | as long as short |
Extended CHIP-USD
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX