Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.035%
Price spread now: Binance against Bybit−0.126%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1371.367% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.126%, 7d avg −0.080%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04780 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $10.9M | $8.9M | 20x |
| Short | Binance CHIPUSDT | 0.04774 | 0.0100 | get 0.0050% / 4h | 3h 09m | $14.3M | $26.8M | 50x |
Bybit CHIPUSDT
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.126% → −0.080%
- −$4.54
- Slippage, 4 orders
- −$115.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.29
- Costs to cover
- 1.367%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 2 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, 4 min ago | 2.09 bp | 42.3 bp −$42 | 142.7 bp −$1,427 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.05 bp | 22.4 bp −$22 | 122.6 bp −$1,226 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0273% | 1h | 0.04778 | −0.033% | $10K | $23K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0180% | 1h | 0.04782 | +0.042% | $16K | $247K | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0177% | 1h | 0.04790 | +0.206% | $115 | $35K | 5x | as long as short |
| Phoenix CHIP | −0.0167% | 1h | 0.04789 | +0.188% | $3K | $122K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0005% | 4h | 0.04771 | −0.188% | $2.2M | $9.5M | 20x | as long as short |
| Nado CHIP-PERP | +0.0024% | 1h | 0.04780 | 0.000% | $242K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0056% | 4h | 0.04781 | +0.021% | $1.0M | $1.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04781 | +0.021% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04783 | +0.071% | $14.7M | $5.7M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04783 | +0.064% | $49K | $275K | 5x | as long as short |
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Aftermath Perps CHIPUSD
Phoenix CHIP
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
KuCoin CHIPUSDTM
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 | 0.04782 | +0.036% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDTshort | +0.0100% | 4h | 0.04774 | −0.126% | $14.3M | $26.8M | 50x | |
| Bybit CHIPUSDTlong | +0.0100% | 4h | 0.04780 | long leg | $10.9M | $8.9M | 20x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04783 | +0.063% | $719K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04777 | −0.063% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04780 | 0.000% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04775 | −0.105% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04789 | +0.188% | $26K | $210K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04790 | +0.214% | $924K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04774 | −0.126% | $769 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04773 | −0.142% | $222K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0152% | 4h | 0.04786 | +0.126% | $574K | $117K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04824 | +0.918% | $46K | $37K | 50x | as long as short |
Pacifica CHIP
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX