Funding you earn now, next payment 02:00 UTC−0.0108%/8h= −11.9% APRpaid last 24h −0.058%
Price spread now: ApeX Omni against Bybit+0.105%59s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as 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−$1221.220% of the position
Funding, last 7 days−0.332%−$33 on $10k
+Price spread, last 4 days (all we have)+0.634%+$63 · spread now +0.105%, 7d avg −0.052%
=The price spread pays, funding is against you. ApeX Omni is 0.158% dearer against Bybit than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.052%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days. The two prices were read 59 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 | Bybit CHIPUSDT | 0.04748 | −0.0090 | get 0.0045% / 4h | 2h 00m | $11.1M | $8.7M | 20x |
| Short | ApeX Omni CHIPUSDT | 0.04753 | −0.0199 | pay 0.0025% / 1h | 0m 36s | $17K | $244K | 50x |
Bybit CHIPUSDT
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bybit. 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
- −$22.74
- Price spread: +0.105% → −0.052%
- $15.76
- Slippage, 4 orders
- −$101.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$129.02
- Costs to cover
- 1.220%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; ApeX Omni: 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 Bybit live order book, 3 min ago | 2.10 bp | 40.9 bp −$41 | 155.5 bp −$1,555 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 8.43 bp | 16.5 bp −$17 | 133.7 bp −$1,337 | doesn't fit | doesn't fit |
CHIP on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1503% | 1h | 0.04752 | +0.084% | $14K | $222K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0212% | 1h | 0.04755 | +0.156% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0199% | 1h | 0.04753 | +0.105% | $17K | $244K | 50x | |
| Phoenix CHIP | −0.0172% | 1h | 0.04725 | −0.484% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0109% | 4h | 0.04743 | −0.105% | $2.0M | $9.4M | 20x | as long as short |
| Nado CHIP-PERP | −0.0106% | 1h | 0.04745 | −0.053% | $239K | $19K | 5x | as long as short |
| Bybit CHIPUSDTlong | −0.0090% | 4h | 0.04748 | long leg | $11.1M | $8.7M | 20x | |
| Aster CHIPUSDT | +0.0079% | 4h | 0.04755 | +0.147% | $40K | $264K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04751 | +0.063% | $88K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04763 | +0.314% | $15.0M | $6.1M | 3x | as long as short |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04751 | +0.065% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04745 | −0.071% | $14.3M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04749 | +0.021% | $702K | $969K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04746 | −0.042% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04751 | +0.063% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04750 | +0.042% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04747 | −0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04753 | +0.098% | $901K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04749 | +0.021% | $618 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04744 | −0.076% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0396% | 1h | 0.04750 | +0.043% | $72 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04767 | +0.394% | $46K | $41K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX