Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: Bybit against MEXC+0.103%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1161.164% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now +0.103%, 7d avg +0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.025% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04837 | 0.0100 | pay 0.0050% / 4h | 3h 51m | $1.9M | $1.0M | 50x |
| Short | Bybit CHIPUSDT | 0.04842 | 0.0100 | get 0.0050% / 4h | 3h 51m | $11.1M | $9.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.103% → +0.078%
- $2.52
- Slippage, 4 orders
- −$105.38
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.86
- Costs to cover
- 1.164%
- Break-even
- never at this rate
Slippage from MEXC: live order book, just now; Bybit: live order book, 2 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, just now | 2.07 bp | 13.2 bp −$13 | 97.4 bp −$974 | 268.7 bp −$26.9K | 830.2 bp −$415.1K |
| Sell Bybit live order book, 2 min ago | 2.08 bp | 37.8 bp −$38 | 160.2 bp −$1,602 | 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 | 0.04818 | −0.393% | $3K | $122K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0047% | 4h | 0.04836 | −0.021% | $2.2M | $9.6M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0020% | 4h | 0.04850 | +0.269% | $1.0M | $1.1M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0018% | 1h | 0.04811 | −0.539% | $235 | $35K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04843 | +0.128% | $10K | $23K | 10x | as long as short |
| BloFin CHIP-USDT | +0.0060% | 4h | 0.04821 | −0.331% | $576K | $117K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04855 | +0.372% | $101K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04847 | +0.211% | $15.0M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04841 | +0.077% | $49K | $274K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04859 | +0.451% | $16K | $4K | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04839 | +0.041% | $14.5M | $26.8M | 50x | as long as short |
| Bybit CHIPUSDTshort | +0.0100% | 4h | 0.04842 | +0.103% | $11.1M | $9.0M | 20x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04844 | +0.145% | $725K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDTlong | +0.0100% | 4h | 0.04837 | long leg | $1.9M | $1.0M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04843 | +0.124% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04844 | +0.145% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04801 | −0.740% | $927K | $472K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04817 | −0.413% | $17K | $246K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04816 | −0.434% | $686 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04844 | +0.140% | $220K | $1.8M | 5x | as long as short |
| Nado CHIP-PERP | +0.0189% | 1h | 0.04837 | 0.000% | $245K | $18K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0460% | 1h | 0.04856 | +0.393% | $27K | $211K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04837 | +0.006% | $46K | $37K | 50x | as long as short |
MEXC CHIP_USDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Extended CHIP-USD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX