CHIP funding rate

Compared across 15 venues · net of estimated fees

CHIP Funding Rate — live across 15 venues

Perpetual funding · compared across 15 venues · net of estimated fees · updated every few minutes

Live annualized CHIP perpetual funding across all 15 venues Perpia tracks. Right now CHIP funding is positive on 10 and negative on 5, ranging from +10.9% on BingX to -50.1% on OKX — a spread of 61.1%. The widest delta-neutral trade is long OKX / short BingX at 58.2% net APR.

15venues
10paying positive
61.1%funding spread
Best CHIP spread now
58.2%
net APR after fees
LongOKX↗→ShortBingX↗
size depends on live venue depth — see the real cap in the scanner

CHIP funding trend & liquidity

168h of history
61.1%current gross APR
15.6%24h average
7.6%7-day average
$2.5Mpair OI · lower leg
$1.8M24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

CHIP · OKX → BingX — no history

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Build a route

any two of the 15 venues
Gross spread+61.1%+$16.73 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 15 venues
VenueFunding APR ↓IntervalUse as
BingX↗short+10.9%every 4h
Bitget↗+10.9%every 4h
Variational↗+10.9%every 4h
Hyperliquid↗+10.9%every 1h
Lighter↗+10.5%every 8h
Bybit↗+9.6%every 4h
Gate.io↗+8.5%every 4h
Binance↗+3.0%every 4h
Extended↗+2.6%every 1h
MEXC↗+2.4%every 4h
below — these venues pay the longs: this is the leg you buy
KuCoin↗−7.4%every 4h
Nado↗−21.8%every 24h
Aster↗−29.4%every 4h
BackPack↗−33.8%every 1h
OKX↗long−50.1%every 4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs BingX page. 80 pairs scanned for CHIP.

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CHIP — FAQ

Is CHIP funding positive right now?

CHIP perpetual funding is positive on 10 of 15 venues Perpia tracks and negative on 5. The highest is +10.9% on BingX; the lowest is -50.1% on OKX.

What is the best CHIP funding arbitrage right now?

Go long OKX and short BingX for about 58.2% net APR after fees — the widest delta-neutral CHIP spread Perpia currently sees.

Which exchange has the highest CHIP funding rate?

BingX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.

How CHIP funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to CHIP

also quoted on both BingX and OKX

The same two exchanges you would already have funded for the CHIP trade. Every spread between them is on the BingX vs OKX page.