Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.006%
Price spread now: Binance against Extended+0.020%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.020%, 7d avg +0.044%
=Together, before fees−0.039%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.025% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04679 | 0.0008 | pay 0.0001% / 1h | 52m 16s | $212K | $1.3M | 5x |
| Short | Binance CHIPUSDT | 0.04680 | 0.0006 | get 0.0003% / 4h | 52m 16s | $14.1M | $26.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.45
- Price spread: +0.020% → +0.044%
- −$2.48
- Slippage, 4 orders
- −$89.16
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.1
- Costs to cover
- 1.042%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Binance: live order book, 4 min ago.
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 Extended live order book, 1 min ago | 2.99 bp | 30.1 bp −$30 | 220.1 bp −$2,201 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.07 bp | 18.9 bp −$19 | 94.6 bp −$946 | doesn't fit | doesn't fit |
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 | −0.1281% | 1h | 0.04681 | +0.041% | $15K | $234K | 5x | as long as short |
| Nado CHIP-PERP | −0.0215% | 1h | 0.04684 | +0.116% | $234K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04670 | −0.194% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0128% | 1h | 0.04661 | −0.387% | $110 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0092% | 4h | 0.04677 | −0.045% | $1.9M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04686 | +0.152% | $10K | $25K | 10x | as long as short |
| MEXC CHIP_USDT | +0.0004% | 4h | 0.04679 | −0.002% | $1.8M | $1.1M | 50x | as long as short |
| Binance CHIPUSDTshort | +0.0006% | 4h | 0.04680 | +0.020% | $14.1M | $26.1M | 50x | |
| Extended CHIP-USDlong | +0.0008% | 1h | 0.04679 | long leg | $212K | $1.3M | 5x | |
| BloFin CHIP-USDT | +0.0011% | 4h | 0.04672 | −0.151% | $542K | $69K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0076% | 4h | 0.04684 | +0.105% | $10.9M | $9.0M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04685 | +0.126% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04687 | +0.178% | $14.7M | $6.7M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04682 | +0.059% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04690 | +0.233% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04683 | +0.084% | $693K | $909K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04681 | +0.041% | $993K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04680 | +0.020% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04678 | −0.023% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04676 | −0.069% | $860K | $453K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04670 | −0.194% | $14K | $247K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04684 | +0.105% | $744 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04704 | +0.539% | $45K | $40K | 50x | as long as short |
Extended CHIP-USD
Binance CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
MEXC CHIP_USDT
BloFin CHIP-USDT
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX