Funding you earn now, next payment 08:00 UTC+0.0375%/8h= +41.1% APRnext payment +$1.88 per $10,000 · paid last 24h +0.025%
Price spread now: MEXC against OKX0.000%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$810.805% of the position
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 7 days−0.134%−$13 · spread now 0.000%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and MEXC is 0.046% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 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 | 0.04684 | −0.0275 | get 0.0138% / 4h | 3h 20m | $2.0M | $9.6M | 20x |
| Short | MEXC CHIP_USDT | 0.04684 | 0.0100 | get 0.0050% / 4h | 3h 20m | $1.7M | $1.2M | 50x |
OKX CHIP-USDT-SWAP
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $78.84
- Price spread: 0.000% → −0.046%
- $4.64
- Slippage, 4 orders
- −$70.51
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $2.97
- Costs to cover
- 0.805%
- Break-even
- 6.7 days
Slippage from OKX: live order book, 3 min ago; MEXC: 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, 3 min ago | 3.21 bp | 24.9 bp −$25 | 286.9 bp −$2,869 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.13 bp | 16.3 bp −$16 | 93.3 bp −$933 | 267.8 bp −$26.8K | 916.9 bp −$458.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0708% | 4h | 0.04689 | +0.107% | $10.7M | $9.1M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04676 | −0.171% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0275% | 4h | 0.04684 | long leg | $2.0M | $9.6M | 20x | |
| ApeX Omni CHIPUSDT | −0.0139% | 1h | 0.04689 | +0.107% | $16K | $245K | 50x | as long as short |
| Nado CHIP-PERP | −0.0030% | 1h | 0.04684 | 0.000% | $237K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04696 | +0.260% | $9K | $24K | 10x | as long as short |
| BloFin CHIP-USDT | +0.0059% | 4h | 0.04675 | −0.192% | $562K | $65K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0074% | 4h | 0.04687 | +0.064% | $973K | $1.1M | 50x | as long as short |
| Aster CHIPUSDT | +0.0093% | 4h | 0.04692 | +0.178% | $56K | $279K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04683 | −0.021% | $96K | $115K | 3x | as long as short |
Bybit CHIPUSDT
Phoenix CHIP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
KuCoin CHIPUSDTM
Aster CHIPUSDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04697 | +0.282% | $14.5M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04685 | +0.013% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04685 | +0.029% | $14.1M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04687 | +0.064% | $672K | $988K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04684 | 0.000% | $1.7M | $1.2M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04687 | +0.064% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04686 | +0.043% | — | $2.0M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04690 | +0.128% | $34K | $229K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04693 | +0.196% | $831K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04693 | +0.192% | $721 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04685 | +0.026% | $216K | $1.7M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0175% | 1h | 0.04690 | +0.135% | $68 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.729% | $46K | $37K | 50x | as long as short |
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX