Funding you earn now, next payment 03:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h −0.007%
Price spread now: OKX against Pacifica−0.314%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.314% cheaper against Pacifica than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04780 | 0.0100 | pay 0.0013% / 1h | 35m 47s | $14K | $689 | 3x |
| Short | OKX CHIP-USDT-SWAP | 0.04765 | −0.0182 | pay 0.0091% / 4h | 1h 35m | $2.0M | $9.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Pacifica. 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
- −$59.21
- Price spread: −0.314% → 0.000%
- −$31.38
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$108.59
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.
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 Pacifica no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 2 min ago | 2.10 bp | 24.6 bp −$25 | 201.5 bp −$2,015 | doesn't fit | doesn't fit |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1171% | 1h | 0.04787 | +0.146% | $28K | $235K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0441% | 1h | 0.04747 | −0.690% | $17K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0371% | 4h | 0.04779 | −0.021% | $11.0M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04761 | −0.397% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0182% | 4h | 0.04765 | −0.314% | $2.0M | $9.5M | 20x | |
| Aster CHIPUSDT | +0.0003% | 4h | 0.04785 | +0.105% | $46K | $271K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0058% | 4h | 0.04757 | −0.481% | $568K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04777 | −0.063% | $89K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04792 | +0.247% | $15.0M | $6.1M | 3x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04780 | long leg | $14K | $689 | 3x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04774 | −0.126% | $14.4M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04778 | −0.042% | $706K | $946K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04776 | −0.084% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04778 | −0.042% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04773 | −0.146% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04776 | −0.084% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04784 | +0.085% | $849K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04760 | −0.418% | $803 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04780 | +0.004% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0349% | 1h | 0.04760 | −0.421% | $141 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0418% | 1h | 0.04792 | +0.247% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | +0.0537% | 1h | 0.04777 | −0.063% | $241K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.174% | $46K | $41K | 50x | as long as short |
Pacifica CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
Aster CHIPUSDT
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX