Funding you earn now, next payment 12:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC+0.147%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$790.787% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+1.174%+$117 · spread now +0.147%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.133% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04749 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $1.9M | $1.0M | 50x |
| Short | BloFin CHIP-USDT | 0.04756 | 0.0124 | get 0.0062% / 4h | 3h 30m | $578K | $116K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $5.11
- Price spread: +0.147% → +0.014%
- $13.3
- Slippage, 4 orders
- −$66.67
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.27
- Costs to cover
- 0.787%
- Break-even
- 89.5 days
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 45 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 MEXC live order book, 6 min ago | 1.05 bp | 11.9 bp −$12 | 88.5 bp −$885 | 243.9 bp −$24.4K | 745.7 bp −$372.9K |
| Sell BloFin live order book, 45 min ago | 6.28 bp | 28.5 bp −$29 | 90.5 bp −$905 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0167% | 1h | 0.04756 | +0.147% | $3K | $122K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0149% | 1h | 0.04762 | +0.265% | $10K | $23K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0139% | 1h | 0.04756 | +0.147% | $16K | $246K | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0068% | 1h | 0.04771 | +0.457% | $243 | $35K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0012% | 4h | 0.04748 | −0.021% | $2.1M | $9.5M | 20x | as long as short |
| KuCoin CHIPUSDTM | +0.0036% | 4h | 0.04755 | +0.126% | $1.0M | $1.2M | 50x | as long as short |
| Nado CHIP-PERP | +0.0074% | 1h | 0.04759 | +0.221% | $241K | $18K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04753 | +0.084% | $99K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04755 | +0.128% | $14.7M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04756 | +0.141% | $49K | $275K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04760 | +0.238% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04746 | −0.063% | $14.2M | $26.9M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04753 | +0.084% | $10.8M | $9.0M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04757 | +0.168% | $714K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDTlong | +0.0100% | 4h | 0.04749 | long leg | $1.9M | $1.0M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04756 | +0.147% | $2.0M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04749 | 0.000% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04761 | +0.253% | $27K | $211K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04763 | +0.299% | $917K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04760 | +0.232% | $658 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04750 | +0.015% | $221K | $1.7M | 5x | as long as short |
| BloFin CHIP-USDTshort | +0.0124% | 4h | 0.04756 | +0.147% | $578K | $116K | 50x | |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04867 | +2.485% | $47K | $38K | 50x | as long as short |
MEXC CHIP_USDT
BloFin CHIP-USDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX