Funding you earn now, next payment 10:00 UTC−0.0446%/8h= −48.8% APRpaid last 24h −0.107%
Price spread now: ApeX Omni against SunX−0.190%73s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as 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−$2822.819% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 4 days (all we have)−0.621%−$62 · spread now −0.190%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and ApeX Omni is 0.208% cheaper against SunX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 73 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 | SunX CHIP-USDT | 0.04736 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $940 | $959K | 10x |
| Short | ApeX Omni CHIPUSDT | 0.04727 | −0.0346 | pay 0.0043% / 1h | 17m 57s | $16K | $247K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SunX. 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
- −$93.68
- Price spread: −0.190% → +0.018%
- −$20.84
- Slippage, 4 orders
- −$263.94
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$396.46
- Costs to cover
- 2.819%
- Break-even
- never at this rate
Slippage from SunX: live order book, 27 min ago; ApeX Omni: live order book, 31 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 SunX live order book, 27 min ago | 45.63 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 31 min ago | 6.39 bp | 14.3 bp −$14 | 127.2 bp −$1,272 | doesn't fit | doesn't fit |
CHIP on 23 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTshort | −0.0346% | 1h | 0.04727 | −0.190% | $16K | $247K | 50x | |
| Phoenix CHIP | −0.0169% | 1h | 0.04723 | −0.274% | $3K | $125K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0099% | 1h | 0.04726 | −0.216% | $92 | $34K | 5x | as long as short |
| Nado CHIP-PERP | −0.0015% | 1h | 0.04736 | +0.011% | $240K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04740 | +0.091% | $10K | $13K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0036% | 4h | 0.04746 | +0.211% | $2.2M | $9.2M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04744 | +0.169% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04753 | +0.367% | $14.5M | $5.4M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04747 | +0.230% | $49K | $273K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04740 | +0.084% | $16K | $4K | 3x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04747 | +0.227% | $14.2M | $26.2M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04748 | +0.253% | $10.7M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04747 | +0.232% | $712K | $970K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04746 | +0.211% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04746 | +0.211% | $982K | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04746 | +0.211% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04748 | +0.253% | — | $1.8M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04745 | +0.190% | $27K | $189K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04725 | −0.242% | $870K | $502K | — | as long as short |
| SunX CHIP-USDTlong | +0.0100% | 4h | 0.04736 | long leg | $940 | $959K | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04744 | +0.160% | $217K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0142% | 4h | 0.04728 | −0.169% | $568K | $117K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1552% | 1h | 0.04756 | +0.427% | $45K | $35K | 50x | as long as short |
SunX CHIP-USDT
ApeX Omni CHIPUSDT
Phoenix CHIP
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX