Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.071%
Price spread now: ApeX Omni against OKX+0.042%60s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.042%, 7d avg +0.015%
=The price spread pays, funding is against you. ApeX Omni is 0.027% dearer against OKX than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of +0.015%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.346% in total) that is about 13 hours. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04734 | −0.0366 | get 0.0183% / 4h | 20m 33s | $2.1M | $9.7M | 20x |
| Short | ApeX Omni CHIPUSDT | 0.04736 | −0.0430 | pay 0.0054% / 1h | 20m 33s | $16K | $245K | 50x |
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- −$13.44
- Price spread: +0.042% → +0.015%
- $2.69
- Slippage, 4 orders
- −$53.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$83.89
- Costs to cover
- 0.731%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 36 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 OKX live order book, 3 min ago | 2.11 bp | 18.3 bp −$18 | 297.1 bp −$2,971 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 7.41 bp | 16.0 bp −$16 | 134.9 bp −$1,349 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0622% | 1h | 0.04742 | +0.169% | $33K | $249K | 5x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04730 | −0.084% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0430% | 1h | 0.04736 | +0.042% | $16K | $245K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | −0.0383% | 1h | 0.04735 | +0.023% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0376% | 4h | 0.04741 | +0.148% | $10.9M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0366% | 4h | 0.04734 | long leg | $2.1M | $9.7M | 20x | |
| Nado CHIP-PERP | −0.0136% | 1h | 0.04734 | −0.011% | $239K | $20K | 5x | as long as short |
| Aster CHIPUSDT | −0.0058% | 4h | 0.04744 | +0.214% | $54K | $278K | 5x | as long as short |
| Extended CHIP-USD | +0.0056% | 1h | 0.04738 | +0.080% | $216K | $1.9M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0058% | 4h | 0.04739 | +0.106% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Nado CHIP-PERP
Aster CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0060% | 4h | 0.04736 | +0.045% | $14.3M | $26.9M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0093% | 4h | 0.04738 | +0.084% | $562K | $64K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04743 | +0.190% | $97K | $117K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04750 | +0.332% | $14.7M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04742 | +0.163% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04738 | +0.084% | $693K | $967K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04741 | +0.148% | $992K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04738 | +0.084% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04739 | +0.106% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04735 | +0.024% | $842K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04729 | −0.106% | $773 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0206% | 1h | 0.04728 | −0.130% | $105 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +2.552% | $47K | $42K | 50x | as long as short |
Binance CHIPUSDT
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX