Funding you earn now, next payment 01:00 UTC−0.0748%/8h= −81.9% APRpaid last 24h −0.247%
Price spread now: SunX against Coinbase International−0.578%7-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 −$22 a day on $10k at the current rate, and SunX is 0.578% cheaper against Coinbase International than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CHIP-PERP-INTX | 0.04738 | 0.0848 | pay 0.0106% / 1h | 20m 38s | $46K | $40K | 50x |
| Short | SunX CHIP-USDT | 0.04711 | 0.0100 | get 0.0050% / 4h | 2h 20m | $832 | $1.0M | 10x |
Coinbase International CHIP-PERP-INTX
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$157.08
- Price spread: −0.578% → 0.000%
- −$57.83
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$232.91
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago | 46.90 bp | 129.8 bp −$130 | doesn't fit | 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 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 | −0.1216% | 1h | 0.04711 | −0.578% | $16K | $221K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04665 | −1.549% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0165% | 1h | 0.04701 | −0.789% | $16K | $244K | 50x | as long as short |
| Nado CHIP-PERP | −0.0023% | 1h | 0.04709 | −0.631% | $237K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0022% | 4h | 0.04711 | −0.578% | $2.0M | $9.3M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04714 | −0.515% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04725 | −0.281% | $14.9M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04715 | −0.497% | $37K | $255K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04714 | −0.507% | $14K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04712 | −0.557% | $14.2M | $25.9M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04715 | −0.494% | $11.0M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04716 | −0.473% | $697K | $954K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04713 | −0.536% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04714 | −0.515% | $988K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04714 | −0.515% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04712 | −0.557% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04714 | −0.512% | $892K | $464K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04711 | −0.578% | $832 | $1.0M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04712 | −0.562% | $214K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0301% | 1h | 0.04722 | −0.346% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0423% | 1h | 0.04680 | −1.236% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXlong | +0.0848% | 1h | 0.04738 | long leg | $46K | $40K | 50x |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD