Funding you earn now, next payment 07:00 UTC+0.0820%/8h= +89.8% APRpaid last 24h +0.242%
Price spread now: Coinbase International against Gate+0.213%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 0.213% dearer against Gate than usual: you sell high and buy low: +$21 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 | Gate CHIP_USDT | 0.04789 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $679K | $979K | 50x |
| Short | Coinbase International CHIP-PERP-INTX | 0.04799 | 0.0920 | get 0.0115% / 1h | 59m 58s | $46K | $37K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $172.2
- Price spread: +0.213% → 0.000%
- $21.3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $168.5
- Costs to cover
- 0.250%
- Break-even
- 0.2 days
Slippage unknown: Gate: live order book, 37 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 Gate live order book, 37 min ago | 7.36 bp | 32.7 bp −$33 | 236.3 bp −$2,363 | 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 | 0.04782 | −0.146% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0255% | 1h | 0.04780 | −0.188% | $17K | $247K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0074% | 4h | 0.04795 | +0.125% | $2.2M | $9.5M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0054% | 4h | 0.04791 | +0.042% | $997K | $1.1M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0046% | 1h | 0.04789 | +0.007% | $57 | $35K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0016% | 4h | 0.04796 | +0.146% | $10.9M | $8.9M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04797 | +0.175% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | +0.0039% | 1h | 0.04784 | −0.104% | $242K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04797 | +0.167% | $100K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04801 | +0.259% | $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 | 0.04797 | +0.163% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04792 | +0.054% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04795 | +0.129% | $14.4M | $26.8M | 50x | as long as short |
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04789 | long leg | $679K | $979K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04794 | +0.104% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04793 | +0.084% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04795 | +0.125% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04791 | +0.039% | $923K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04789 | 0.000% | $585 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04792 | +0.070% | $217K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0130% | 4h | 0.04789 | 0.000% | $577K | $100K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0146% | 1h | 0.04798 | +0.188% | $26K | $213K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXshort | +0.0920% | 1h | 0.04799 | +0.213% | $46K | $37K | 50x |
Gate CHIP_USDT
Coinbase International CHIP-PERP-INTX
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Bybit CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Backpack CHIP_USDC_PERP