Funding you earn now, next payment 03:00 UTC−0.0507%/8h= −55.5% APRpaid last 24h −0.082%
Price spread now: Phoenix against Aster+0.148%75s7-day average −0.049% · 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—prices read too far apart to compare
costs, in and out, $10k−$1151.154% of the position
Funding, last 5 days (all we have)−0.403%−$40 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.148%, 7d avg −0.049%
=Together, before fees−0.539%+ Points / potential airdropAster: Stage 5 · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phoenix is 0.197% dearer against Aster than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of −0.049%): +$20 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 5 days (−0.403% in total) that is about 2.7 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CHIPUSDT | 0.04738 | −0.0003 | get 0.0001% / 4h | 0m 11s | $56K | $279K | 5x |
| Short | Phoenix CHIP | 0.04745 | −0.0510 | pay 0.0064% / 1h | 0m 11s | $3K | $129K | 5x |
Aster CHIPUSDT
Phoenix CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$106.51
- Price spread: +0.148% → −0.049%
- $19.71
- Slippage, 4 orders
- −$100.41
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$202.21
- Costs to cover
- 1.154%
- Break-even
- never at this rate
Slippage from Aster: live order book, 57 min ago; Phoenix: live order book, 50 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, 57 min ago | 8.49 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 50 min ago | 4.29 bp | 26.2 bp −$26 | 71.2 bp −$712 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIPshort | −0.0510% | 1h | 0.04745 | +0.148% | $3K | $129K | 5x | |
| OKX CHIP-USDT-SWAP | −0.0314% | 4h | 0.04734 | −0.084% | $2.0M | $9.7M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0291% | 1h | 0.04743 | +0.106% | $16K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0230% | 4h | 0.04739 | +0.021% | $10.9M | $9.1M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0216% | 1h | 0.04738 | 0.000% | $34K | $251K | 5x | as long as short |
| Nado CHIP-PERP | −0.0109% | 1h | 0.04731 | −0.148% | $239K | $20K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0045% | 1h | 0.04738 | −0.006% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDTlong | −0.0003% | 4h | 0.04738 | long leg | $56K | $279K | 5x | |
| MEXC CHIP_USDT | +0.0086% | 4h | 0.04735 | −0.063% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | +0.0088% | 1h | 0.04733 | −0.101% | $215K | $1.9M | 5x | as long as short |
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
MEXC CHIP_USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0090% | 4h | 0.04735 | −0.063% | $14.3M | $27.0M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04736 | −0.042% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04741 | +0.070% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04739 | +0.027% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04738 | 0.000% | $686K | $992K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04738 | 0.000% | $985K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04733 | −0.106% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04733 | −0.106% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04751 | +0.278% | $844K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04733 | −0.106% | $648 | $1.0M | 10x | as long as short |
| BloFin CHIP-USDT | +0.0119% | 4h | 0.04741 | +0.063% | $569K | $66K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0126% | 1h | 0.04745 | +0.155% | $125 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04765 | +0.570% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX