Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against MEXC+0.130%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2832.834% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.130%, 7d avg −0.021%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.151% dearer against MEXC than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.046260.0094pay 0.0047% / 4h2h 29m$1.7M$1.2M50x
ShortSunX CHIP-USDT0.046320.0100get 0.0050% / 4h2h 29m$690$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.26
Price spread: +0.130% → −0.021%
$15.08
Slippage, 4 orders
−$275.36
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$267.02
Costs to cover
2.834%
Break-even
1490.4 days
Slippage from MEXC: live order book, 2 min ago; SunX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago1.08 bp16.3 bp −$1669.4 bp −$694246.8 bp −$24.7K846.1 bp −$423.0K
Sell SunX live order book, 3 min ago46.38 bp129.1 bp −$129doesn't fitdoesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.0776%1h0.04632+0.130%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0560%4h0.04638+0.259%$10.5M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0304%4h0.04631+0.108%$2.0M$9.4M20xas long as short
Phoenix CHIP−0.0171%1h0.04672+0.994%$3K$129K5xas long as short
Nado CHIP-PERP−0.0079%1h0.04632+0.141%$234K$18K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0073%1h0.04636+0.210%$9K$24K10xas long as short
KuCoin CHIPUSDTM−0.0042%4h0.04634+0.173%$975K$1.2M50xas long as short
Gate CHIP_USDT+0.0042%4h0.04636+0.216%$662K$973K50xas long as short
BloFin CHIP-USDT+0.0057%4h0.04636+0.216%$556K$64K50xas long as short
MEXC CHIP_USDTlong+0.0094%4h0.04626long leg$1.7M$1.2M50x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0095%4h0.046260.000%$13.9M$27.1M50xas long as short
Lighter CHIP+0.0096%1h0.04632+0.130%$96K$113K3xas long as short
Extended CHIP-USD+0.0096%1h0.04630+0.081%$211K$1.0M5xas long as short
Hyperliquid CHIP+0.0100%1h0.04637+0.233%$14.4M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04633+0.151%$55K$279K5xas long as short
Pacifica CHIP+0.0100%1h0.04630+0.086%$16K$3K3xas long as short
Bitget CHIPUSDT+0.0100%4h0.04630+0.086%$1.9M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04631+0.108%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04637+0.238%$34K$235K5xas long as short
Variational Omni CHIP+0.0100%4h0.04636+0.222%$816K$481Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04632+0.130%$690$1.0M10x
Aftermath Perps CHIPUSD+0.0115%1h0.04653+0.588%$67$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04717+1.971%$45K$37K50xas long as short