Funding you earn now, next payment 12:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BingX−0.044%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.044%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04557 | 0.0100 | pay 0.0050% / 4h | 9m 39s | — | $1.8M | — |
| Short | MEXC CHIP_USDT | 0.04555 | −0.0008 | pay 0.0004% / 4h | 9m 39s | $2.0M | $961K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$22.68
- Price spread: −0.044% → −0.034%
- −$1.02
- Slippage, 4 orders
- −$45.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$79.29
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; MEXC: live order book, just now.
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, 1 min ago | 2.20 bp | 17.4 bp −$17 | 70.3 bp −$703 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 1.10 bp | 10.4 bp −$10 | 61.1 bp −$611 | 245.9 bp −$24.6K | 804.5 bp −$402.2K |
CHIP on 23 exchanges
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 | −0.0990% | 1h | 0.04554 | −0.066% | $16K | $231K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0781% | 1h | 0.04552 | −0.105% | $9K | $852 | 10x | as long as short |
| Aftermath Perps CHIPUSD | −0.0491% | 1h | 0.04567 | +0.230% | $112 | $33K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0483% | 4h | 0.04558 | +0.022% | $2.1M | $6.6M | 20x | as long as short |
| Phoenix CHIP | −0.0348% | 1h | 0.04563 | +0.132% | $3K | $68K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0275% | 4h | 0.04558 | +0.022% | $10.2M | $7.6M | 20x | as long as short |
| Nado CHIP-PERP | −0.0261% | 1h | 0.04553 | −0.077% | $230K | $17K | 5x | as long as short |
| Aster CHIPUSDT | −0.0038% | 4h | 0.04556 | −0.022% | $46K | $218K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0036% | 4h | 0.04560 | +0.066% | $938K | $1.0M | 50x | as long as short |
| Binance CHIPUSDT | −0.0011% | 4h | 0.04553 | −0.082% | $13.5M | $21.0M | 50x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | −0.0008% | 1h | 0.04556 | −0.024% | $206K | $1.6M | 5x | as long as short |
| MEXC CHIP_USDTshort | −0.0008% | 4h | 0.04555 | −0.044% | $2.0M | $961K | 50x | |
| BloFin CHIP-USDT | +0.0042% | 4h | 0.04555 | −0.044% | $555K | $108K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04559 | +0.044% | $95K | $86K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04563 | +0.123% | $13.5M | $5.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04557 | −0.007% | $15K | $4K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04558 | +0.022% | $735K | $755K | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04559 | +0.044% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04557 | long leg | — | $1.8M | — | |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04552 | −0.110% | $26K | $186K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04553 | −0.082% | $843K | $452K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04549 | −0.176% | $612 | $741K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0992% | 1h | 0.04606 | +1.084% | $49K | $41K | 50x | as long as short |
BingX CHIP-USDT
MEXC CHIP_USDT
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Phoenix CHIP
Bybit CHIPUSDT
Aster CHIPUSDT
KuCoin CHIPUSDTM
Binance CHIPUSDT
Extended CHIP-USD
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX