Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h +0.004%
Price spread now: SunX against BloFin+0.147%55s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$310as 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−$3103.096% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.147%, 7d avg −0.037%
=The price spread pays, funding is against you. SunX is 0.184% dearer against BloFin than usual: you sell high and buy low (spread +0.147% now, against its 7-day average of −0.037%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. At the pace of the last 7 days (−0.003% in total) that is about 14 months. The two prices were read 55 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 | 0.04753 | 0.0121 | pay 0.0061% / 4h | 3h 31m | $577K | $116K | 50x |
| Short | SunX CHIP-USDT | 0.04760 | 0.0100 | get 0.0050% / 4h | 3h 31m | $658 | $1.0M | 10x |
BloFin CHIP-USDT
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$4.44
- Price spread: +0.147% → −0.037%
- $18.4
- Slippage, 4 orders
- −$289.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$295.63
- Costs to cover
- 3.096%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; SunX: live order book, 1 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, 44 min ago | 6.28 bp | 23.2 bp −$23 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 48.39 bp | 130.7 bp −$131 | 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 | 0.04769 | +0.337% | $3K | $122K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0094% | 1h | 0.04776 | +0.484% | $17K | $246K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0065% | 1h | 0.04757 | +0.084% | $10K | $23K | 10x | as long as short |
| Aftermath Perps CHIPUSD | −0.0064% | 1h | 0.04774 | +0.438% | $243 | $35K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0015% | 4h | 0.04751 | −0.042% | $2.1M | $9.5M | 20x | as long as short |
| KuCoin CHIPUSDTM | +0.0032% | 4h | 0.04756 | +0.063% | $1.0M | $1.2M | 50x | as long as short |
| Nado CHIP-PERP | +0.0077% | 1h | 0.04755 | +0.042% | $241K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04758 | +0.105% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04760 | +0.154% | $14.7M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04760 | +0.139% | $49K | $275K | 5x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
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 | 0.04762 | +0.189% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04754 | +0.014% | $14.3M | $26.9M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04757 | +0.084% | $10.8M | $9.0M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04756 | +0.063% | $714K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04753 | 0.000% | $1.9M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04758 | +0.105% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04753 | 0.000% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04757 | +0.084% | $27K | $211K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04760 | +0.141% | $920K | $472K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04760 | +0.147% | $658 | $1.0M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04751 | −0.037% | $221K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0121% | 4h | 0.04753 | long leg | $577K | $116K | 50x | |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04867 | +2.398% | $47K | $38K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX