Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against Binance+0.084%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1351.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.193%−$19 on $10k
Price spread, last 7 days−0.048%−$5 · spread now +0.084%, 7d avg +0.067%
Together, before fees−0.240%−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.047510.0060pay 0.0030% / 4h19m 37s$14.3M$26.9M50x
ShortKuCoin CHIPUSDTM0.047550.0100get 0.0050% / 4h19m 37s$987K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.45
Price spread: +0.084% → +0.067%
$1.71
Slippage, 4 orders
−$113.49
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$125.33
Costs to cover
1.355%
Break-even
110.8 days
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.06 bp18.7 bp −$19101.2 bp −$1,012doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago8.44 bp39.9 bp −$40477.1 bp −$4,771doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.0610%1h0.04743−0.168%$33K$249K5xas long as short
Phoenix CHIP−0.0510%1h0.04730−0.442%$3K$129K5xas long as short
ApeX Omni CHIPUSDT−0.0430%1h0.04736−0.316%$16K$245K50xas long as short
Bybit CHIPUSDT−0.0376%4h0.04761+0.210%$10.9M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0366%4h0.04755+0.084%$2.0M$9.7M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0256%1h0.04741−0.221%$10K$24K10xas long as short
Nado CHIP-PERP−0.0136%1h0.04734−0.368%$239K$20K5xas long as short
Aster CHIPUSDT−0.0058%4h0.04746−0.104%$54K$278K5xas long as short
Extended CHIP-USD+0.0056%1h0.04752+0.026%$216K$1.9M5xas long as short
MEXC CHIP_USDT+0.0058%4h0.04752+0.021%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDTlong+0.0060%4h0.04751long leg$14.3M$26.9M50x
BloFin CHIP-USDT+0.0093%4h0.04738−0.274%$562K$64K50xas long as short
Lighter CHIP+0.0096%1h0.04753+0.042%$97K$117K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04759+0.166%$14.8M$6.3M3xas long as short
Pacifica CHIP+0.0100%1h0.04756+0.114%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04753+0.042%$697K$974K50xas long as short
KuCoin CHIPUSDTMshort+0.0100%4h0.04755+0.084%$987K$1.1M50x
Bitget CHIPUSDT+0.0100%4h0.04754+0.063%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04755+0.084%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04735−0.334%$842K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04736−0.316%$617$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0206%1h0.04731−0.427%$105$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.185%$47K$42K50xas long as short