Funding you earn now, next payment 11:00 UTC+0.0896%/8h= +98.2% APRpaid last 24h +0.105%
Price spread now: KuCoin against ApeX Omni+0.109%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1721.720% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.109%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and KuCoin is 0.061% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.047%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04600 | −0.0896 | get 0.0112% / 1h | 5m 31s | $16K | $229K | 50x |
| Short | KuCoin CHIPUSDTM | 0.04605 | 0 | get 0.0000% / 4h | 1h 05m | $954K | $1.0M | 50x |
ApeX Omni CHIPUSDT
KuCoin CHIPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $188.24
- Price spread: +0.109% → +0.047%
- $6.14
- Slippage, 4 orders
- −$150.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $22.36
- Costs to cover
- 1.720%
- Break-even
- 6.2 days
Slippage from ApeX Omni: live order book, 39 min ago; KuCoin: live order book, 2 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 | 7.55 bp | 15.5 bp −$15 | 127.3 bp −$1,273 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.69 bp | 80.7 bp −$81 | 627.7 bp −$6,277 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0899% | 1h | 0.04606 | +0.124% | $9K | $2K | 10x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0896% | 1h | 0.04600 | long leg | $16K | $229K | 50x | |
| Aftermath Perps CHIPUSD | −0.0430% | 1h | 0.04608 | +0.173% | $170 | $33K | 5x | as long as short |
| Phoenix CHIP | −0.0343% | 1h | 0.04597 | −0.065% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0300% | 4h | 0.04609 | +0.196% | $2.1M | $7.4M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0232% | 4h | 0.04608 | +0.174% | $10.4M | $7.8M | 20x | as long as short |
| Nado CHIP-PERP | −0.0195% | 1h | 0.04608 | +0.185% | $233K | $17K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0156% | 1h | 0.04607 | +0.152% | $28K | $189K | 5x | as long as short |
| KuCoin CHIPUSDTMshort | 0.0000% | 4h | 0.04605 | +0.109% | $954K | $1.0M | 50x | |
| Aster CHIPUSDT | +0.0045% | 4h | 0.04606 | +0.121% | $47K | $243K | 5x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Phoenix CHIP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
Nado CHIP-PERP
Backpack CHIP_USDC_PERP
Aster CHIPUSDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04607 | +0.152% | $96K | $89K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04614 | +0.302% | $13.7M | $5.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04605 | +0.098% | $15K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04605 | +0.109% | $13.7M | $22.4M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04606 | +0.130% | $711K | $796K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04604 | +0.087% | $2.1M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04607 | +0.152% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04606 | +0.130% | — | $1.8M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04605 | +0.104% | $852K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04601 | +0.022% | $613 | $804K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04607 | +0.153% | $210K | $1.6M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0110% | 4h | 0.04606 | +0.130% | $558K | $110K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1616% | 1h | 0.04666 | +1.435% | $50K | $51K | 50x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX