Funding you earn now, next payment 07:00 UTC+0.0443%/8h= +48.5% APRpaid last 24h +0.088%
Price spread now: BloFin against ApeX Omni−0.312%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days+0.463%+$46 on $10k
+Price spread, last 4 days (all we have)+0.677%+$68 · spread now −0.312%, 7d avg +0.016%
=Funding pays, the price is against you. BloFin is 0.328% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.312% now, against its 7-day average of +0.016%). If the spread goes back, that is −$33 on $10k: about 2.5 days of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.463% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04803 | −0.0331 | get 0.0041% / 1h | 2m 24s | $17K | $245K | 50x |
| Short | BloFin CHIP-USDT | 0.04788 | 0.0112 | get 0.0056% / 4h | 1h 02m | $575K | $100K | 50x |
ApeX Omni CHIPUSDT
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $92.99
- Price spread: −0.312% → +0.016%
- −$32.82
- Slippage, 4 orders
- −$52.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.65
- Costs to cover
- 0.748%
- Break-even
- 8.1 days
Slippage from ApeX Omni: live order book, 39 min ago; BloFin: live order book, 19 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, 39 min ago | 8.39 bp | 16.5 bp −$17 | 135.4 bp −$1,354 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 19 min ago | 2.08 bp | 17.7 bp −$18 | 64.5 bp −$645 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTlong | −0.0331% | 1h | 0.04803 | long leg | $17K | $245K | 50x | |
| Bybit CHIPUSDT | −0.0252% | 4h | 0.04782 | −0.437% | $10.9M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0175% | 4h | 0.04778 | −0.521% | $2.1M | $9.7M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04799 | −0.083% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0170% | 1h | 0.04777 | −0.531% | $242K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0050% | 4h | 0.04781 | −0.458% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04789 | −0.291% | $10K | $23K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0061% | 1h | 0.04797 | −0.130% | $119 | $36K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0061% | 1h | 0.04784 | −0.396% | $26K | $235K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04784 | −0.396% | $99K | $107K | 3x | as long as short |
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Nado CHIP-PERP
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04788 | −0.316% | $14.8M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04783 | −0.409% | $53K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04784 | −0.394% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04779 | −0.500% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04787 | −0.333% | $686K | $997K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04780 | −0.479% | $1.8M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04779 | −0.500% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04778 | −0.521% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04807 | +0.087% | $922K | $475K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04786 | −0.354% | $705 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04776 | −0.559% | $218K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDTshort | +0.0112% | 4h | 0.04788 | −0.312% | $575K | $100K | 50x | |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04839 | +0.756% | $46K | $38K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX