Funding you earn now, next payment 02:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.064%
Price spread now: BingX against Deribit−0.280%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 BingX is 0.280% cheaper against Deribit than usual: you would sell low and buy high (−$28 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 | 0.04674 | 0.0328 | pay 0.0041% / 1h | 25m 26s | $10K | $24K | 10x |
| Short | BingX CHIP-USDT | 0.04661 | 0.0100 | get 0.0050% / 4h | 2h 25m | — | $1.9M | — |
Deribit CHIP_USDC-PERPETUAL
BingX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$47.88
- Price spread: −0.280% → 0.000%
- −$28.03
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$92.9
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago | 4.29 bp | 22.7 bp −$23 | 76.1 bp −$761 | 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 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 | −0.1175% | 1h | 0.04668 | −0.131% | $15K | $219K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0208% | 1h | 0.04645 | −0.623% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04665 | −0.195% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0009% | 1h | 0.04661 | −0.280% | $235K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0007% | 4h | 0.04664 | −0.216% | $1.9M | $9.1M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04664 | −0.216% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04678 | +0.075% | $14.7M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04663 | −0.247% | $36K | $254K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04662 | −0.252% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04663 | −0.237% | $14.0M | $25.9M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
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 | 0.04668 | −0.131% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04662 | −0.259% | $689K | $952K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04666 | −0.173% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04663 | −0.237% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04663 | −0.237% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDTshort | +0.0100% | 4h | 0.04661 | −0.280% | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04669 | −0.104% | $878K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04664 | −0.216% | $606 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04661 | −0.286% | $211K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | +0.0328% | 1h | 0.04674 | long leg | $10K | $24K | 10x | |
| Aftermath Perps CHIPUSD | +0.0420% | 1h | 0.04663 | −0.248% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +0.866% | $45K | $40K | 50x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX