Funding you earn now, next payment 03:00 UTC−0.0227%/8h= −24.9% APRpaid last 24h −0.066%
Price spread now: Aster against Deribit−0.066%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
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.066% cheaper against Deribit than usual: you would sell low and buy high (−$7 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 | 0.04750 | 0.0234 | pay 0.0029% / 1h | 40m 49s | $10K | $24K | 10x |
| Short | Aster CHIPUSDT | 0.04747 | 0.0007 | get 0.0004% / 4h | 1h 40m | $45K | $271K | 5x |
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$47.69
- Price spread: −0.066% → 0.000%
- −$6.63
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$69.33
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 21 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 Aster live order book, 21 min ago | 5.26 bp | 29.9 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1505% | 1h | 0.04742 | −0.171% | $29K | $215K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0356% | 1h | 0.04754 | +0.082% | $17K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0355% | 4h | 0.04741 | −0.192% | $10.9M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04755 | +0.103% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0176% | 4h | 0.04740 | −0.213% | $2.0M | $9.5M | 20x | as long as short |
| Aster CHIPUSDTshort | +0.0007% | 4h | 0.04747 | −0.066% | $45K | $271K | 5x | |
| Lighter CHIP | +0.0096% | 1h | 0.04739 | −0.234% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04752 | +0.036% | $14.9M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04740 | −0.213% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04738 | −0.254% | $14.3M | $26.3M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CHIP_USDT | +0.0100% | 4h | 0.04745 | −0.107% | $700K | $945K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04739 | −0.234% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04743 | −0.149% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04740 | −0.213% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04739 | −0.234% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04739 | −0.243% | $843K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04736 | −0.297% | $837 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04738 | −0.262% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0120% | 4h | 0.04738 | −0.255% | $565K | $63K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | +0.0234% | 1h | 0.04750 | long leg | $10K | $24K | 10x | |
| Aftermath Perps CHIPUSD | +0.0334% | 1h | 0.04753 | +0.068% | $83 | $38K | 5x | as long as short |
| Nado CHIP-PERP | +0.0769% | 1h | 0.04734 | −0.339% | $239K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.804% | $46K | $41K | 50x | as long as short |
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX