Funding you earn now, next payment 08:00 UTC−0.0576%/8h= −63.1% APRnext payment −$2.88 per $10,000 · paid last 24h −0.032%
Price spread now: Bybit against BingX+0.150%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1311.315% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.150%, 7d avg +0.043%
=The price spread pays, funding is against you. Bybit is 0.107% dearer against BingX than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.043%): +$11 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.116% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.116% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.88 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 | BingX CHIP-USDT | 0.04671 | 0.0100 | pay 0.0050% / 4h | 2h 22m | — | $2.0M | — |
| Short | Bybit CHIPUSDT | 0.04678 | −0.0476 | pay 0.0238% / 4h | 2h 22m | $10.6M | $9.1M | 20x |
BingX CHIP-USDT
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$120.97
- Price spread: +0.150% → +0.043%
- $10.68
- Slippage, 4 orders
- −$110.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$241.79
- Costs to cover
- 1.315%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 6 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 BingX live order book, 10 min ago | 7.55 bp | 24.6 bp −$25 | 82.6 bp −$826 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 2.16 bp | 43.8 bp −$44 | 147.9 bp −$1,479 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0767% | 1h | 0.04627 | −0.942% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDTshort | −0.0476% | 4h | 0.04678 | +0.150% | $10.6M | $9.1M | 20x | |
| OKX CHIP-USDT-SWAP | −0.0296% | 4h | 0.04674 | +0.064% | $2.0M | $9.5M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04629 | −0.899% | $3K | $129K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0116% | 1h | 0.04640 | −0.659% | $9K | $24K | 10x | as long as short |
| Nado CHIP-PERP | −0.0095% | 1h | 0.04661 | −0.203% | $236K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0048% | 4h | 0.04657 | −0.300% | $978K | $1.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0024% | 4h | 0.04655 | −0.343% | $659K | $979K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0062% | 1h | 0.04643 | −0.607% | $109 | $37K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0089% | 4h | 0.04642 | −0.621% | $560K | $64K | 50x | as long as short |
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
KuCoin CHIPUSDTM
Gate CHIP_USDT
Aftermath Perps CHIPUSD
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0094% | 4h | 0.04669 | −0.043% | $1.7M | $1.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04659 | −0.257% | $97K | $113K | 3x | as long as short |
| Extended CHIP-USD | +0.0096% | 1h | 0.04656 | −0.316% | $211K | $1.0M | 5x | as long as short |
| Binance CHIPUSDT | +0.0097% | 4h | 0.04669 | −0.053% | $14.0M | $27.1M | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04673 | +0.041% | $14.5M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04668 | −0.059% | $54K | $279K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04660 | −0.235% | $16K | $3K | 3x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04664 | −0.150% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04671 | long leg | — | $2.0M | — | |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04651 | −0.428% | $35K | $235K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04625 | −0.990% | $813K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04635 | −0.771% | $798 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +0.989% | $45K | $37K | 50x | as long as short |
MEXC CHIP_USDT
Lighter CHIP
Extended CHIP-USD
Binance CHIPUSDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Bitget CHIPUSDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX