Funding you earn now, next payment 22:00 UTC−0.0228%/8h= −24.9% APRnext payment −$0.28 per $10,000 · paid last 24h −0.140%
Price spread now: ApeX Omni against Deribit−0.030%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 −$7 a day on $10k at the current rate, and ApeX Omni is 0.030% cheaper against Deribit than usual: you would sell low and buy high (−$3 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 | Deribit CHIP_USDC-PERPETUAL | 0.04590 | −0.0425 | get 0.0053% / 1h | 8m 43s | $10K | $24K | 10x |
| Short | ApeX Omni CHIPUSDT | 0.04589 | −0.0652 | pay 0.0082% / 1h | 8m 43s | $14K | $248K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- −$47.8
- Price spread: −0.030% → 0.000%
- −$3.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$67.85
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; ApeX Omni: live order book, 13 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 Deribit no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 13 min ago | 6.52 bp | 17.8 bp −$18 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTshort | −0.0652% | 1h | 0.04589 | −0.030% | $14K | $248K | 50x | |
| Backpack CHIP_USDC_PERP | −0.0626% | 1h | 0.04587 | −0.074% | $16K | $234K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | −0.0425% | 1h | 0.04590 | long leg | $10K | $24K | 10x | |
| Bybit CHIPUSDT | −0.0372% | 4h | 0.04589 | −0.030% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0274% | 4h | 0.04589 | −0.030% | $1.9M | $9.1M | 20x | as long as short |
| BloFin CHIP-USDT | −0.0176% | 4h | 0.04583 | −0.161% | $544K | $66K | 50x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04589 | −0.030% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0171% | 1h | 0.04589 | −0.020% | $230K | $18K | 5x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04588 | −0.062% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0118% | 4h | 0.04584 | −0.133% | $13.8M | $25.7M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | −0.0118% | 4h | 0.04585 | −0.118% | $1.8M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0074% | 1h | 0.04597 | +0.142% | $116 | $39K | 5x | as long as short |
| Aster CHIPUSDT | 0.0000% | 4h | 0.04594 | +0.070% | $45K | $227K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04588 | −0.052% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04595 | +0.107% | $14.8M | $6.4M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04590 | −0.009% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04590 | −0.009% | $680K | $903K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04590 | −0.009% | $981K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04593 | +0.057% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04587 | −0.074% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04590 | 0.000% | $837K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04585 | −0.118% | $1K | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.618% | $46K | $41K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Phoenix CHIP
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX