Funding you earn now, next payment 22:00 UTC−0.0519%/8h= −56.8% APRnext payment −$0.65 per $10,000 · paid last 24h +0.084%
Price spread now: Deribit against Extended+0.012%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04608 | −0.0120 | get 0.0015% / 1h | 21m 33s | $210K | $1.3M | 5x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04609 | −0.0639 | pay 0.0080% / 1h | 21m 33s | $10K | $24K | 10x |
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$108.96
- Price spread: +0.012% → 0.000%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$119.81
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Deribit: 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, 2 min ago | 3.59 bp | 34.1 bp −$34 | 236.0 bp −$2,360 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | −0.0934% | 1h | 0.04607 | −0.021% | $16K | $234K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | −0.0639% | 1h | 0.04609 | +0.012% | $10K | $24K | 10x | |
| ApeX Omni CHIPUSDT | −0.0577% | 1h | 0.04607 | −0.021% | $14K | $248K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0195% | 4h | 0.04611 | +0.066% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0185% | 4h | 0.04611 | +0.066% | $1.9M | $9.2M | 20x | as long as short |
| Nado CHIP-PERP | −0.0182% | 1h | 0.04608 | +0.001% | $231K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04618 | +0.218% | $3K | $143K | 5x | as long as short |
| Extended CHIP-USDlong | −0.0120% | 1h | 0.04608 | long leg | $210K | $1.3M | 5x | |
| Binance CHIPUSDT | −0.0119% | 4h | 0.04605 | −0.064% | $13.9M | $25.7M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0116% | 4h | 0.04606 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Phoenix CHIP
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.0097% | 4h | 0.04609 | +0.022% | $542K | $66K | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0085% | 1h | 0.04608 | +0.002% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0025% | 4h | 0.04613 | +0.105% | $44K | $226K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04608 | +0.001% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04613 | +0.113% | $14.8M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04610 | +0.046% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04610 | +0.044% | $692K | $899K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04609 | +0.022% | $985K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04609 | +0.022% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04607 | −0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04618 | +0.225% | $840K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04605 | −0.064% | $736 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.223% | $46K | $41K | 50x | as long as short |
BloFin 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