Funding you earn now, next payment 01:00 UTC+0.0544%/8h= +59.6% APRpaid last 24h +0.072%
Price spread now: MEXC against ApeX Omni−0.065%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.425%+$43 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.065%, 7d avg −0.011%
=Funding pays, the price is against you. MEXC is 0.054% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.011%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.425% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CHIPUSDT | 0.04622 | −0.0444 | get 0.0056% / 1h | 31m 14s | $14K | $248K | 50x |
| Short | MEXC CHIP_USDT | 0.04619 | 0.0100 | get 0.0050% / 4h | 3h 31m | $1.8M | $1.2M | 50x |
ApeX Omni CHIPUSDT
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $114.34
- Price spread: −0.065% → −0.011%
- −$5.43
- Slippage, 4 orders
- −$49.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $49.88
- Costs to cover
- 0.590%
- Break-even
- 3.9 days
Slippage from ApeX Omni: live order book, 40 min ago; MEXC: live order book, 5 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, 40 min ago | 8.63 bp | 16.7 bp −$17 | 124.1 bp −$1,241 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.17 bp | 14.2 bp −$14 | 66.8 bp −$668 | 257.0 bp −$25.7K | 795.5 bp −$397.7K |
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 | −0.1171% | 1h | 0.04624 | +0.043% | $14K | $231K | 5x | as long as short |
| ApeX Omni CHIPUSDTlong | −0.0444% | 1h | 0.04622 | long leg | $14K | $248K | 50x | |
| Nado CHIP-PERP | −0.0175% | 1h | 0.04627 | +0.119% | $231K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04622 | 0.000% | $3K | $140K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0046% | 4h | 0.04618 | −0.087% | $1.9M | $9.0M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0096% | 1h | 0.04628 | +0.121% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04623 | +0.022% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04633 | +0.236% | $14.5M | $6.6M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04630 | +0.173% | $48K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04630 | +0.173% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Nado CHIP-PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04618 | −0.079% | $13.9M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04625 | +0.065% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04627 | +0.108% | $683K | $907K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04619 | −0.065% | $1.8M | $1.2M | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04626 | +0.087% | $971K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04626 | +0.087% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04624 | +0.043% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04625 | +0.060% | $868K | $469K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04616 | −0.130% | $701 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04618 | −0.086% | $210K | $2.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0124% | 4h | 0.04619 | −0.065% | $545K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0332% | 1h | 0.04622 | +0.008% | $85 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04647 | +0.541% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX