Funding you earn now, next payment 08:00 UTC+0.0420%/8h= +46.0% APRnext payment +$0.53 per $10,000 · paid last 24h +0.119%
Price spread now: Hyperliquid against ApeX Omni+0.146%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$670.675% of the position
Funding, last 7 days+0.582%+$58 on $10k
+Price spread, last 4 days (all we have)−0.667%−$67 · spread now +0.146%, 7d avg +0.182%
=Together, before fees−0.085%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.036% cheaper against ApeX Omni than usual: you would sell low and buy high (spread +0.146% now, against its 7-day average of +0.182%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04791 | −0.0320 | get 0.0040% / 1h | 42m 42s | $18K | $247K | 50x |
| Short | Hyperliquid CHIP | 0.04798 | 0.0100 | get 0.0013% / 1h | 42m 42s | $14.8M | $5.9M | 3x |
ApeX Omni CHIPUSDT
Hyperliquid CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $88.3
- Price spread: +0.146% → +0.182%
- −$3.59
- Slippage, 4 orders
- −$48.46
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $17.25
- Costs to cover
- 0.675%
- Break-even
- 5.6 days
Slippage from ApeX Omni: live order book, 59 min ago; Hyperliquid: live order book, 10 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, 59 min ago | 8.39 bp | 16.5 bp −$17 | 135.4 bp −$1,354 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.36 bp | 16.5 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0376% | 1h | 0.04793 | +0.046% | $10K | $23K | 10x | as long as short |
| Phoenix CHIP | −0.0335% | 1h | 0.04786 | −0.104% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0320% | 1h | 0.04791 | long leg | $18K | $247K | 50x | |
| Bybit CHIPUSDT | −0.0172% | 4h | 0.04792 | +0.021% | $10.9M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0114% | 4h | 0.04787 | −0.083% | $2.1M | $9.7M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0016% | 4h | 0.04791 | 0.000% | $1.0M | $1.1M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0047% | 4h | 0.04784 | −0.146% | $575K | $100K | 50x | as long as short |
| Nado CHIP-PERP | +0.0073% | 1h | 0.04789 | −0.042% | $242K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04795 | +0.083% | $100K | $107K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04798 | +0.146% | $14.8M | $5.9M | 3x |
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
Nado CHIP-PERP
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04791 | −0.002% | $50K | $274K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04791 | −0.008% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04788 | −0.063% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04794 | +0.063% | $685K | $973K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04789 | −0.042% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04794 | +0.063% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04788 | −0.063% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04791 | 0.000% | $26K | $229K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04784 | −0.145% | $917K | $465K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04787 | −0.083% | $719 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04783 | −0.173% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0159% | 1h | 0.04792 | +0.019% | $172 | $36K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.008% | $46K | $37K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX