Funding you earn now, next payment 22:00 UTC−0.0699%/8h= −76.6% APRpaid last 24h −0.060%
Price spread now: ApeX Omni against Variational Omni−0.159%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.159%, 7d avg −0.034%
=Together, before fees−0.247%+ Points / potential airdropVariational Omni: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and ApeX Omni is 0.125% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.169% in total (about -19.1% a year). A funding rate is set anew for every payment. 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 | Variational Omni CHIP | 0.04618 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $840K | $462K | — |
| Short | ApeX Omni CHIPUSDT | 0.04611 | −0.0599 | pay 0.0075% / 1h | 22m 48s | $14K | $248K | 50x |
Variational Omni CHIP
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Variational Omni. 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
- −$146.88
- Price spread: −0.159% → −0.034%
- −$12.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$169.36
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; ApeX Omni: live order book, 63 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 Variational Omni RFQ quote, 1 min ago | 7.58 bp | doesn't fit | 128.9 bp −$1,289 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 63 min ago | 8.58 bp | 16.2 bp −$16 | 111.4 bp −$1,114 | 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 | −0.0986% | 1h | 0.04607 | −0.246% | $16K | $234K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0704% | 1h | 0.04608 | −0.226% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDTshort | −0.0599% | 1h | 0.04611 | −0.159% | $14K | $248K | 50x | |
| Nado CHIP-PERP | −0.0187% | 1h | 0.04609 | −0.202% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0175% | 4h | 0.04607 | −0.246% | $1.9M | $9.2M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04618 | −0.007% | $3K | $143K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0171% | 4h | 0.04611 | −0.159% | $10.7M | $8.9M | 20x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04606 | −0.269% | $210K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0116% | 4h | 0.04604 | −0.310% | $13.9M | $25.7M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0116% | 4h | 0.04605 | −0.289% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Phoenix CHIP
Bybit CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.0097% | 4h | 0.04609 | −0.202% | $542K | $66K | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0081% | 1h | 0.04608 | −0.231% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0029% | 4h | 0.04613 | −0.125% | $44K | $226K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04608 | −0.224% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04613 | −0.111% | $14.8M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04607 | −0.241% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04612 | −0.137% | $692K | $899K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04609 | −0.202% | $985K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04608 | −0.224% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04605 | −0.289% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04618 | long leg | $840K | $462K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04604 | −0.310% | $427 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +2.992% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX