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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04751 | 0.0060 | pay 0.0030% / 4h | 19m 37s | $14.3M | $26.9M | 50x |
| Short | KuCoin CHIPUSDTM | 0.04755 | 0.0100 | get 0.0050% / 4h | 19m 37s | $987K | $1.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 1.06 bp | 18.7 bp −$19 | 101.2 bp −$1,012 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 8.44 bp | 39.9 bp −$40 | 477.1 bp −$4,771 | 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 | −0.0610% | 1h | 0.04743 | −0.168% | $33K | $249K | 5x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04730 | −0.442% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0430% | 1h | 0.04736 | −0.316% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0376% | 4h | 0.04761 | +0.210% | $10.9M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0366% | 4h | 0.04755 | +0.084% | $2.0M | $9.7M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0256% | 1h | 0.04741 | −0.221% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | −0.0136% | 1h | 0.04734 | −0.368% | $239K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0058% | 4h | 0.04746 | −0.104% | $54K | $278K | 5x | as long as short |
| Extended CHIP-USD | +0.0056% | 1h | 0.04752 | +0.026% | $216K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0058% | 4h | 0.04752 | +0.021% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDTlong | +0.0060% | 4h | 0.04751 | long leg | $14.3M | $26.9M | 50x | |
| BloFin CHIP-USDT | +0.0093% | 4h | 0.04738 | −0.274% | $562K | $64K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04753 | +0.042% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04759 | +0.166% | $14.8M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04756 | +0.114% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04753 | +0.042% | $697K | $974K | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04755 | +0.084% | $987K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04754 | +0.063% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04755 | +0.084% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04735 | −0.334% | $842K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04736 | −0.316% | $617 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0206% | 1h | 0.04731 | −0.427% | $105 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +2.185% | $47K | $42K | 50x | as long as short |
Binance CHIPUSDT
KuCoin CHIPUSDTM
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDT
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX