Funding you earn now, next payment 23:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h +0.067%
Price spread now: Binance against ApeX Omni−0.208%69s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as 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−$620.620% of the position
Funding, last 7 days+0.421%+$42 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.208%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.202% cheaper against ApeX Omni than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.421%, so the current rate has only just turned against you. The two prices were read 69 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 | ApeX Omni CHIPUSDT | 0.04595 | −0.0058 | get 0.0007% / 1h | 28m 24s | $14K | $247K | 50x |
| Short | Binance CHIPUSDT | 0.04585 | −0.0084 | pay 0.0042% / 4h | 1h 28m | $13.8M | $26.0M | 50x |
ApeX Omni CHIPUSDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. 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
- −$5.55
- Price spread: −0.208% → −0.007%
- −$20.15
- Slippage, 4 orders
- −$42.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$87.73
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 53 min ago; Binance: live order book, 13 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 ApeX Omni live order book, 53 min ago | 6.52 bp | 14.1 bp −$14 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.09 bp | 15.1 bp −$15 | 68.5 bp −$685 | 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 | −0.1275% | 1h | 0.04599 | +0.087% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04587 | −0.174% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0188% | 4h | 0.04588 | −0.152% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0151% | 1h | 0.04593 | −0.048% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0116% | 1h | 0.04602 | +0.152% | $230K | $18K | 5x | as long as short |
| Extended CHIP-USD | −0.0088% | 1h | 0.04586 | −0.193% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDTshort | −0.0084% | 4h | 0.04585 | −0.208% | $13.8M | $26.0M | 50x | |
| MEXC CHIP_USDT | −0.0084% | 4h | 0.04590 | −0.109% | $1.8M | $1.2M | 50x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0058% | 1h | 0.04595 | long leg | $14K | $247K | 50x | |
| BloFin CHIP-USDT | −0.0036% | 4h | 0.04590 | −0.109% | $538K | $67K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Extended CHIP-USD
MEXC CHIP_USDT
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0031% | 4h | 0.04590 | −0.109% | $10.7M | $9.0M | 20x | as long as short |
| Aster CHIPUSDT | +0.0084% | 4h | 0.04603 | +0.170% | $48K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04602 | +0.152% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04600 | +0.100% | $14.5M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04602 | +0.152% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04597 | +0.044% | $678K | $904K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04604 | +0.196% | $981K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04595 | 0.000% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04587 | −0.174% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04593 | −0.045% | $846K | $460K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04590 | −0.109% | $736 | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0206% | 1h | 0.04602 | +0.161% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +3.515% | $46K | $41K | 50x | as long as short |
Bybit CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX