Funding you earn now, next payment 07:00 UTC+0.0816%/8h= +89.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.251%
Price spread now: Coinbase International against Extended+1.162%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Coinbase International is 1.162% dearer against Extended than usual: you sell high and buy low: +$116 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04784 | 0.0104 | pay 0.0013% / 1h | 40m 40s | $217K | $1.9M | 5x |
| Short | Coinbase International CHIP-PERP-INTX | 0.04839 | 0.0920 | get 0.0115% / 1h | 40m 40s | $46K | $37K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $171.36
- Price spread: +1.162% → 0.000%
- $116.21
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $272.57
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 3 min ago; Coinbase International: no order-book sample. 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 Extended live order book, 3 min ago | 3.13 bp | 36.5 bp −$37 | 269.1 bp −$2,691 | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04786 | +0.048% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0320% | 1h | 0.04791 | +0.152% | $18K | $247K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0292% | 1h | 0.04793 | +0.186% | $10K | $23K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0168% | 4h | 0.04787 | +0.069% | $10.9M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0117% | 4h | 0.04780 | −0.078% | $2.1M | $9.7M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0020% | 4h | 0.04788 | +0.090% | $1.0M | $1.1M | 50x | as long as short |
| Nado CHIP-PERP | +0.0064% | 1h | 0.04789 | +0.111% | $242K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0071% | 4h | 0.04792 | +0.173% | $575K | $101K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04788 | +0.090% | $99K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04796 | +0.257% | $14.8M | $5.9M | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04786 | +0.047% | $50K | $274K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04790 | +0.132% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04782 | −0.045% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04794 | +0.215% | $685K | $973K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04784 | +0.006% | $1.9M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04791 | +0.152% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04782 | −0.036% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04793 | +0.194% | $26K | $226K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04790 | +0.133% | $918K | $465K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04787 | +0.069% | $630 | $1.0M | 10x | as long as short |
| Extended CHIP-USDlong | +0.0104% | 1h | 0.04784 | long leg | $217K | $1.9M | 5x | |
| Aftermath Perps CHIPUSD | +0.0158% | 1h | 0.04792 | +0.173% | $172 | $35K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXshort | +0.0920% | 1h | 0.04839 | +1.162% | $46K | $37K | 50x |
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX
Phoenix CHIP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD