Funding you earn now, next payment 00:00 UTC+0.0217%/8h= +23.8% APRnext payment +$1.09 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against Binance+0.043%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.043%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04601 | −0.0117 | get 0.0059% / 4h | 2h 28m | $13.9M | $25.7M | 50x |
| Short | BingX CHIP-USDT | 0.04603 | 0.0100 | get 0.0050% / 4h | 2h 28m | — | $1.9M | — |
Binance CHIPUSDT
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $45.66
- Price spread: +0.043% → +0.039%
- $0.47
- Slippage, 4 orders
- −$53.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.67
- Costs to cover
- 0.738%
- Break-even
- 11.2 days
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 9 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 Binance live order book, 13 min ago | 1.09 bp | 16.4 bp −$16 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.28 bp | 24.8 bp −$25 | 72.3 bp −$723 | 659.6 bp −$66.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1375% | 1h | 0.04601 | 0.000% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0663% | 1h | 0.04590 | −0.239% | $14K | $249K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0314% | 1h | 0.04604 | +0.059% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0283% | 4h | 0.04604 | +0.065% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0188% | 4h | 0.04603 | +0.043% | $1.9M | $9.2M | 20x | as long as short |
| Nado CHIP-PERP | −0.0188% | 1h | 0.04600 | −0.011% | $230K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04595 | −0.130% | $3K | $143K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0140% | 4h | 0.04595 | −0.130% | $542K | $66K | 50x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04601 | +0.011% | $209K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0118% | 4h | 0.04600 | −0.022% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Phoenix CHIP
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDTlong | −0.0117% | 4h | 0.04601 | long leg | $13.9M | $25.7M | 50x | |
| Aftermath Perps CHIPUSD | −0.0060% | 1h | 0.04594 | −0.152% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0043% | 4h | 0.04602 | +0.018% | $43K | $225K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04604 | +0.065% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04610 | +0.193% | $14.8M | $6.6M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04603 | +0.033% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04599 | −0.043% | $691K | $899K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04601 | 0.000% | $983K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04603 | +0.043% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04603 | +0.043% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04597 | −0.081% | $837K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04596 | −0.109% | $989 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.380% | $46K | $41K | 50x | as long as short |
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX