Funding you earn now, next payment 04:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.51 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against Aster+0.067%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$900.899% of the position
Funding, last 5 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.067%, 7d avg −0.055%
=Together, before fees−0.250%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.122% dearer against Aster than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.055%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 5 days (−0.042% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CHIPUSDT | 0.04686 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $36K | $254K | 5x |
| Short | OKX CHIP-USDT-SWAP | 0.04689 | −0.0003 | pay 0.0001% / 4h | 2h 24m | $1.9M | $9.2M | 20x |
Aster CHIPUSDT
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- −$21.58
- Price spread: +0.067% → −0.055%
- $12.21
- Slippage, 4 orders
- −$71.94
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.31
- Costs to cover
- 0.899%
- Break-even
- never at this rate
Slippage from Aster: live order book, 43 min ago; OKX: live order book, 4 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 Aster live order book, 43 min ago | 7.48 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.07 bp | 18.5 bp −$19 | 154.1 bp −$1,541 | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1178% | 1h | 0.04687 | +0.024% | $14K | $220K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0208% | 1h | 0.04645 | −0.872% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04665 | −0.445% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0012% | 1h | 0.04685 | −0.008% | $236K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0003% | 4h | 0.04689 | +0.067% | $1.9M | $9.2M | 20x | |
| Lighter CHIP | +0.0096% | 1h | 0.04687 | +0.024% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04704 | +0.387% | $14.8M | $6.1M | 3x | as long as short |
| Aster CHIPUSDTlong | +0.0100% | 4h | 0.04686 | long leg | $36K | $254K | 5x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04683 | −0.053% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04690 | +0.088% | $14.1M | $25.9M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04693 | +0.152% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04684 | −0.040% | $692K | $952K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04683 | −0.061% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04686 | +0.003% | $983K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04690 | +0.088% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04688 | +0.045% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04669 | −0.355% | $878K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04683 | −0.061% | $533 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04681 | −0.098% | $213K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0417% | 1h | 0.04666 | −0.432% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +0.613% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0944% | 1h | 0.04695 | +0.195% | $10K | $24K | 10x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL