Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.128%64s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now −0.128%, 7d avg −0.018%
=Funding pays, the price is against you. MEXC is 0.110% cheaper against BloFin than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.018%). If the spread goes back, that is −$11 on $10k: about 8.7 days of funding at the current rate (+$1 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04689 | 0.0058 | pay 0.0029% / 4h | 3h 24m | $561K | $65K | 50x |
| Short | MEXC CHIP_USDT | 0.04683 | 0.0100 | get 0.0050% / 4h | 3h 24m | $1.7M | $1.2M | 50x |
BloFin CHIP-USDT
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $8.89
- Price spread: −0.128% → −0.018%
- −$10.99
- Slippage, 4 orders
- −$61.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$75.94
- Costs to cover
- 0.738%
- Break-even
- 66.8 days
Slippage from BloFin: live order book, 7 min ago; MEXC: live order book, 3 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 BloFin live order book, 7 min ago | 3.19 bp | 17.1 bp −$17 | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.14 bp | 17.6 bp −$18 | 80.8 bp −$808 | 250.5 bp −$25.0K | 780.3 bp −$390.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0757% | 4h | 0.04685 | −0.085% | $10.7M | $9.1M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04701 | +0.256% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0286% | 4h | 0.04683 | −0.128% | $2.0M | $9.6M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0161% | 1h | 0.04686 | −0.064% | $16K | $244K | 50x | as long as short |
| Nado CHIP-PERP | −0.0032% | 1h | 0.04688 | −0.021% | $237K | $18K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0019% | 1h | 0.04689 | 0.000% | $34K | $229K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04687 | −0.047% | $9K | $24K | 10x | as long as short |
| BloFin CHIP-USDTlong | +0.0058% | 4h | 0.04689 | long leg | $561K | $65K | 50x | |
| Aster CHIPUSDT | +0.0077% | 4h | 0.04690 | +0.018% | $56K | $279K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0082% | 4h | 0.04688 | −0.021% | $974K | $1.1M | 50x | as long as short |
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
KuCoin CHIPUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04688 | −0.021% | $96K | $114K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04694 | +0.115% | $14.5M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04685 | −0.083% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04683 | −0.128% | $14.1M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04686 | −0.064% | $672K | $987K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04683 | −0.128% | $1.7M | $1.2M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04687 | −0.043% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04685 | −0.085% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04682 | −0.146% | $829K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04687 | −0.043% | $921 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04681 | −0.167% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0146% | 1h | 0.04692 | +0.070% | $124 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.621% | $46K | $37K | 50x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX