Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX+0.166%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3293.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.166%, 7d avg +0.041%
Together, before fees−0.287%−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.126% dearer against SunX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.048120.0100pay 0.0050% / 4h3h 53m$632$1.0M10x
ShortBingX CHIP-USDT0.048200.0100get 0.0050% / 4h3h 53m$1.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.166% → +0.041%
$12.57
Slippage, 4 orders
−$311.17
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$316.61
Costs to cover
3.292%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago47.06 bp134.8 bp −$135doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago4.18 bp30.8 bp −$3194.3 bp −$943doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT−0.0442%4h0.04821+0.187%$11.0M$9.0M20xas long as short
Phoenix CHIP−0.0335%1h0.04814+0.042%$3K$122K5xas long as short
ApeX Omni CHIPUSDT−0.0212%1h0.04790−0.457%$17K$247K50xas long as short
OKX CHIP-USDT-SWAP−0.0058%4h0.04819+0.145%$2.2M$9.6M20xas long as short
KuCoin CHIPUSDTM−0.0038%4h0.04822+0.208%$1.0M$1.1M50xas long as short
Aftermath Perps CHIPUSD−0.0023%1h0.04805−0.154%$235$35K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04820+0.168%$10K$23K10xas long as short
Gate CHIP_USDT+0.0008%4h0.04822+0.208%$721K$1.0M50xas long as short
Lighter CHIP+0.0096%1h0.04823+0.229%$100K$106K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04829+0.353%$14.9M$5.9M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04820+0.163%$49K$274K5xas long as short
Pacifica CHIP+0.0100%1h0.04820+0.168%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04816+0.088%$14.5M$26.8M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04818+0.125%$1.9M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04822+0.208%$2.0M$3.4M50xas long as short
BingX CHIP-USDTshort+0.0100%4h0.04820+0.166%$1.9M
Variational Omni CHIP+0.0100%4h0.04801−0.224%$927K$472Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04812long leg$632$1.0M10x
Extended CHIP-USD+0.0104%1h0.04818+0.118%$219K$1.8M5xas long as short
BloFin CHIP-USDT+0.0122%4h0.04823+0.229%$530K$117K50xas long as short
Nado CHIP-PERP+0.0214%1h0.04816+0.073%$244K$18K5xas long as short
Backpack CHIP_USDC_PERP+0.0516%1h0.04819+0.145%$26K$211K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0896%1h0.04837+0.526%$46K$37K50xas long as short