Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h −0.002%
Price spread now: Extended against Binance+0.067%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1051.053% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.067%, 7d avg −0.046%
=Together, before fees−0.087%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.114% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04609 | −0.0116 | get 0.0058% / 4h | 2h 24m | $13.9M | $25.7M | 50x |
| Short | Extended CHIP-USD | 0.04612 | −0.0112 | pay 0.0014% / 1h | 24m 38s | $210K | $1.3M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.87
- Price spread: +0.067% → −0.046%
- $11.36
- Slippage, 4 orders
- −$90.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$93.05
- Costs to cover
- 1.053%
- Break-even
- 756.2 days
Slippage from Binance: live order book, 2 min ago; Extended: 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 Binance live order book, 2 min ago | 1.08 bp | 19.5 bp −$20 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 3.05 bp | 37.5 bp −$38 | 282.8 bp −$2,828 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1108% | 1h | 0.04611 | +0.043% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0599% | 1h | 0.04611 | +0.043% | $14K | $248K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0529% | 1h | 0.04618 | +0.191% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0212% | 4h | 0.04616 | +0.152% | $10.7M | $8.9M | 20x | as long as short |
| Nado CHIP-PERP | −0.0188% | 1h | 0.04616 | +0.152% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0175% | 4h | 0.04613 | +0.087% | $1.9M | $9.2M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04618 | +0.195% | $3K | $143K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0152% | 4h | 0.04610 | +0.022% | $542K | $66K | 50x | as long as short |
| Binance CHIPUSDTlong | −0.0116% | 4h | 0.04609 | long leg | $13.9M | $25.7M | 50x | |
| MEXC CHIP_USDT | −0.0114% | 4h | 0.04608 | −0.022% | $1.8M | $1.2M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USDshort | −0.0112% | 1h | 0.04612 | +0.067% | $210K | $1.3M | 5x | |
| Aftermath Perps CHIPUSD | −0.0079% | 1h | 0.04605 | −0.091% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0030% | 4h | 0.04617 | +0.183% | $44K | $226K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04613 | +0.087% | $86K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04619 | +0.215% | $14.8M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04613 | +0.091% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04616 | +0.152% | $693K | $899K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04613 | +0.087% | $986K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04616 | +0.152% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04612 | +0.065% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04618 | +0.203% | $840K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04615 | +0.130% | $751 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.200% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Extended CHIP-USD
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
BloFin CHIP-USDT
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX