Funding you earn now, next payment 22:00 UTC−0.0835%/8h= −91.5% APRnext payment −$1.04 per $10,000 · paid last 24h −0.315%
Price spread now: ApeX Omni against Coinbase International−0.925%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and ApeX Omni is 0.925% cheaper against Coinbase International than usual: you would sell low and buy high (−$93 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 | Coinbase International CHIP-PERP-INTX | 0.04636 | 0.0824 | pay 0.0103% / 1h | 19m 48s | $45K | $40K | 50x |
| Short | ApeX Omni CHIPUSDT | 0.04593 | −0.0011 | pay 0.0001% / 1h | 19m 48s | $14K | $247K | 50x |
Coinbase International CHIP-PERP-INTX
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- −$175.39
- Price spread: −0.925% → 0.000%
- −$92.54
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$287.93
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; ApeX Omni: live order book, 62 min ago. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 62 min ago | 6.52 bp | 17.8 bp −$18 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1269% | 1h | 0.04600 | −0.774% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04593 | −0.925% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0149% | 4h | 0.04604 | −0.688% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0143% | 1h | 0.04603 | −0.713% | $71 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0112% | 1h | 0.04605 | −0.667% | $230K | $18K | 5x | as long as short |
| Extended CHIP-USD | −0.0056% | 1h | 0.04601 | −0.751% | $210K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0052% | 4h | 0.04600 | −0.774% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | −0.0050% | 4h | 0.04601 | −0.755% | $13.8M | $26.0M | 50x | as long as short |
| BloFin CHIP-USDT | −0.0027% | 4h | 0.04605 | −0.667% | $543K | $67K | 50x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0011% | 1h | 0.04593 | −0.925% | $14K | $247K | 50x |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Extended CHIP-USD
MEXC CHIP_USDT
Binance CHIPUSDT
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04600 | −0.764% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0067% | 4h | 0.04604 | −0.688% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04604 | −0.688% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04611 | −0.548% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04607 | −0.614% | $48K | $230K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04605 | −0.675% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04604 | −0.688% | $680K | $910K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04605 | −0.667% | $981K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04602 | −0.731% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04603 | −0.710% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04608 | −0.603% | $849K | $455K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04601 | −0.753% | $769 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTXlong | +0.0824% | 1h | 0.04636 | long leg | $45K | $40K | 50x |
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT