Funding you earn now, next payment 08:00 UTC+0.0372%/8h= +40.7% APRnext payment +$1.86 per $10,000 · paid last 24h +0.029%
Price spread now: MEXC against Bybit−0.083%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.083%, 7d avg −0.078%
=The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04804 | −0.0272 | get 0.0136% / 4h | 1h 05m | $10.9M | $9.0M | 20x |
| Short | MEXC CHIP_USDT | 0.04800 | 0.0100 | get 0.0050% / 4h | 1h 05m | $1.8M | $1.1M | 50x |
Bybit CHIPUSDT
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $78.04
- Price spread: −0.083% → −0.078%
- −$0.53
- Slippage, 4 orders
- −$101.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.8
- Costs to cover
- 1.123%
- Break-even
- 10.1 days
Slippage from Bybit: live order book, 3 min ago; MEXC: 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 | 2.09 bp | 53.3 bp −$53 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.08 bp | 17.0 bp −$17 | 93.4 bp −$934 | 261.0 bp −$26.1K | 778.4 bp −$389.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0394% | 1h | 0.04784 | −0.416% | $17K | $245K | 50x | as long as short |
| Bybit CHIPUSDTlong | −0.0272% | 4h | 0.04804 | long leg | $10.9M | $9.0M | 20x | |
| Nado CHIP-PERP | −0.0179% | 1h | 0.04798 | −0.114% | $243K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0172% | 4h | 0.04800 | −0.083% | $2.1M | $9.8M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04783 | −0.437% | $3K | $128K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0054% | 4h | 0.04800 | −0.083% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04802 | −0.048% | $10K | $23K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0024% | 1h | 0.04804 | −0.004% | $119 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0069% | 4h | 0.04805 | +0.021% | $577K | $101K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0094% | 1h | 0.04803 | −0.021% | $26K | $235K | 5x | as long as short |
ApeX Omni CHIPUSDT
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Backpack CHIP_USDC_PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04804 | 0.000% | $100K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04808 | +0.081% | $14.9M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04802 | −0.044% | $55K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04805 | +0.019% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04799 | −0.094% | $14.5M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04804 | 0.000% | $688K | $997K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04800 | −0.083% | $1.8M | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04800 | −0.083% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04800 | −0.083% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04807 | +0.066% | $922K | $475K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04801 | −0.062% | $520 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04796 | −0.164% | $221K | $1.9M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04839 | +0.735% | $46K | $38K | 50x | as long as short |
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX