Funding you earn now, next payment 23:00 UTC−0.1127%/8h= −123.4% APRnext payment −$1.41 per $10,000 · paid last 24h −0.122%
Price spread now: Backpack against Aftermath Perps−0.017%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$34 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CHIPUSD | 0.04612 | −0.0126 | get 0.0016% / 1h | 3m 25s | $71 | $39K | 5x |
| Short | Backpack CHIP_USDC_PERP | 0.04611 | −0.1253 | pay 0.0157% / 1h | 3m 25s | $16K | $233K | 5x |
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aftermath Perps. 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
- −$236.68
- Price spread: −0.017% → 0.000%
- −$1.74
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$257.41
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Backpack: live order book, 15 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 15 min ago | 1.09 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Aftermath Perps: 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_PERPshort | −0.1253% | 1h | 0.04611 | −0.017% | $16K | $233K | 5x | |
| Phoenix CHIP | −0.0352% | 1h | 0.04614 | +0.048% | $3K | $143K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0227% | 1h | 0.04612 | −0.002% | $10K | $25K | 10x | as long as short |
| Nado CHIP-PERP | −0.0146% | 1h | 0.04608 | −0.082% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0132% | 4h | 0.04608 | −0.082% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSDlong | −0.0126% | 1h | 0.04612 | long leg | $71 | $39K | 5x | |
| ApeX Omni CHIPUSDT | −0.0065% | 1h | 0.04611 | −0.017% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0033% | 4h | 0.04607 | −0.104% | $541K | $67K | 50x | as long as short |
| Extended CHIP-USD | −0.0024% | 1h | 0.04608 | −0.080% | $210K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0024% | 4h | 0.04609 | −0.061% | $1.8M | $1.2M | 50x | as long as short |
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
BloFin CHIP-USDT
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 | −0.0021% | 4h | 0.04606 | −0.115% | $13.8M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0050% | 4h | 0.04609 | −0.061% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04612 | +0.004% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04616 | +0.082% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.026% | $49K | $231K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04611 | −0.028% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04611 | −0.017% | $681K | $911K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04610 | −0.039% | $987K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04611 | −0.017% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04609 | −0.061% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04613 | +0.023% | $849K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04606 | −0.126% | $675 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.523% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX