Funding you earn now, next payment 08:00 UTC+0.0280%/8h= +30.7% APRnext payment +$1.40 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against OKX−0.107%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.107%, 7d avg +0.017%
=Funding pays, the price is against you. KuCoin is 0.124% cheaper against OKX than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.017%). If the spread goes back, that is −$12 on $10k: about 35 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04664 | −0.0250 | get 0.0125% / 4h | 2h 48m | $2.0M | $9.5M | 20x |
| Short | KuCoin CHIPUSDTM | 0.04659 | 0.0030 | get 0.0015% / 4h | 2h 48m | $973K | $1.1M | 50x |
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $58.82
- Price spread: −0.107% → +0.017%
- −$12.4
- Slippage, 4 orders
- −$97.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$72.67
- Costs to cover
- 1.191%
- Break-even
- 15.6 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 1 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, 5 min ago | 1.07 bp | 16.3 bp −$16 | 260.8 bp −$2,608 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 8.59 bp | 31.1 bp −$31 | 428.8 bp −$4,288 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0560% | 4h | 0.04665 | +0.021% | $10.5M | $9.1M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0342% | 1h | 0.04672 | +0.172% | $16K | $245K | 50x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0250% | 4h | 0.04664 | long leg | $2.0M | $9.5M | 20x | |
| Phoenix CHIP | −0.0171% | 1h | 0.04660 | −0.086% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0018% | 1h | 0.04655 | −0.193% | $236K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04659 | −0.103% | $9K | $24K | 10x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0030% | 4h | 0.04659 | −0.107% | $973K | $1.1M | 50x | |
| BloFin CHIP-USDT | +0.0069% | 4h | 0.04651 | −0.279% | $562K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04666 | +0.043% | $96K | $113K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04668 | +0.096% | $14.5M | $6.1M | 3x | as long as short |
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04665 | +0.031% | $55K | $279K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04663 | −0.013% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04665 | +0.021% | $14.1M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04658 | −0.129% | $667K | $963K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04662 | −0.043% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04666 | +0.043% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04665 | +0.021% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04674 | +0.218% | $821K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04653 | −0.236% | $818 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04664 | +0.005% | $212K | $1.0M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0176% | 1h | 0.04669 | +0.097% | $100 | $37K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0329% | 1h | 0.04660 | −0.086% | $34K | $231K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04711 | +1.018% | $45K | $37K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX