Funding you earn now, next payment 12:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against BingX0.000%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$604as in the Funding arb table
Net, price: spread back to 7d avg − costs−$586as in the Price arb table
costs, in and out, $10k−$5835.829% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days+0.005%$0 · spread now 0.000%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04702 | 0.0100 | pay 0.0050% / 4h | 2h 54m | — | $1.8M | — |
| Short | KuCoin CHIPUSDTM | 0.04702 | 0.0068 | get 0.0034% / 4h | 2h 54m | $1.0M | $1.2M | 50x |
BingX CHIP-USDT
KuCoin CHIPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$6.72
- Price spread: 0.000% → +0.028%
- −$2.8
- Slippage, 4 orders
- −$560.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$592.41
- Costs to cover
- 5.829%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 11 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, 3 min ago | 2.11 bp | 22.8 bp −$23 | 119.6 bp −$1,196 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 5.27 bp | 359.6 bp −$360 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0167% | 1h | 0.04738 | +0.766% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0142% | 1h | 0.04737 | +0.744% | $16K | $247K | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0089% | 1h | 0.04743 | +0.876% | $179 | $35K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04718 | +0.347% | $10K | $13K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0008% | 4h | 0.04699 | −0.064% | $2.1M | $9.2M | 20x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0068% | 4h | 0.04702 | 0.000% | $1.0M | $1.2M | 50x | |
| Nado CHIP-PERP | +0.0090% | 1h | 0.04713 | +0.245% | $238K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04702 | 0.000% | $98K | $105K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04714 | +0.251% | $14.5M | $5.6M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04706 | +0.084% | $48K | $274K | 5x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04703 | +0.023% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04704 | +0.043% | $14.1M | $26.6M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04703 | +0.021% | $10.7M | $8.9M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04707 | +0.106% | $707K | $946K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04697 | −0.106% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04702 | 0.000% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04702 | long leg | — | $1.8M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04733 | +0.661% | $911K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04712 | +0.213% | $628 | $984K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04699 | −0.062% | $218K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0118% | 4h | 0.04715 | +0.276% | $568K | $116K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0440% | 1h | 0.04713 | +0.234% | $26K | $199K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1552% | 1h | 0.05037 | +7.125% | $48K | $39K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX