Funding you earn now, next payment 04:00 UTC−0.0662%/8h= −72.5% APRpaid last 24h −0.015%
Price spread now: Bybit against Pacifica−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bybit is 0.021% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04660 | 0.0100 | pay 0.0013% / 1h | 49m 35s | $16K | $3K | 3x |
| Short | Bybit CHIPUSDT | 0.04659 | −0.0562 | pay 0.0281% / 4h | 49m 35s | $10.7M | $9.0M | 20x |
Pacifica CHIP
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. 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
- −$139.06
- Price spread: −0.021% → 0.000%
- −$2.15
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$160.21
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 3.19 bp | 43.3 bp −$43 | 165.1 bp −$1,651 | doesn't fit | doesn't fit |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0891% | 1h | 0.04665 | +0.107% | $35K | $244K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0671% | 1h | 0.04667 | +0.144% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDTshort | −0.0562% | 4h | 0.04659 | −0.021% | $10.7M | $9.0M | 20x | |
| ApeX Omni CHIPUSDT | −0.0519% | 1h | 0.04670 | +0.215% | $16K | $246K | 50x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04726 | +1.416% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0357% | 4h | 0.04650 | −0.215% | $2.0M | $9.4M | 20x | as long as short |
| Aster CHIPUSDT | −0.0100% | 4h | 0.04662 | +0.043% | $49K | $275K | 5x | as long as short |
| Nado CHIP-PERP | −0.0069% | 1h | 0.04651 | −0.193% | $235K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0060% | 4h | 0.04669 | +0.193% | $560K | $63K | 50x | as long as short |
| Extended CHIP-USD | +0.0072% | 1h | 0.04650 | −0.209% | $213K | $1.9M | 5x | as long as short |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0074% | 4h | 0.04654 | −0.129% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0077% | 4h | 0.04653 | −0.150% | $14.1M | $26.8M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04660 | 0.000% | $86K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04671 | +0.234% | $14.6M | $6.2M | 3x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04660 | long leg | $16K | $3K | 3x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04654 | −0.129% | $676K | $950K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04660 | 0.000% | $975K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04651 | −0.193% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04653 | −0.150% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04671 | +0.229% | $832K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04661 | +0.021% | $993 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0352% | 1h | 0.04702 | +0.898% | $133 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +4.180% | $47K | $42K | 50x | as long as short |
MEXC CHIP_USDT
Binance CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX