Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.040%
Price spread now: BloFin against Aftermath Perps+0.040%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.040% dearer against Aftermath Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CHIPUSD0.04613−0.0118get 0.0015% / 1h58m 46s$113$39K5x
ShortBloFin CHIP-USDT0.04615−0.0042pay 0.0021% / 4h58m 46s$543K$68K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$15.9
Price spread: +0.040% → 0.000%
$4.03
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1.07
Costs to cover
0.210%
Break-even
7.5 days
Slippage unknown: Aftermath Perps: no order-book sample; BloFin: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell BloFin live order book, 17 min ago1.09 bp16.6 bp −$1745.4 bp −$454doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.0896%1h0.04615+0.040%$15K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04609−0.090%$3K$139K5xas long as short
Nado CHIP-PERP−0.0166%1h0.04611−0.057%$231K$18K5xas long as short
Aftermath Perps CHIPUSDlong−0.0118%1h0.04613long leg$113$39K5x
OKX CHIP-USDT-SWAP−0.0112%4h0.04620+0.149%$1.9M$9.1M20xas long as short
ApeX Omni CHIPUSDT−0.0051%1h0.04610−0.068%$14K$247K50xas long as short
BloFin CHIP-USDTshort−0.0042%4h0.04615+0.040%$543K$68K50x
Binance CHIPUSDT−0.0009%4h0.04618+0.105%$13.9M$25.9M50xas long as short
Extended CHIP-USD−0.0008%1h0.04620+0.140%$210K$1.3M5xas long as short
MEXC CHIP_USDT−0.0008%4h0.04616+0.062%$1.8M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL+0.0053%1h0.04620+0.146%$10K$25K10xas long as short
Bybit CHIPUSDT+0.0067%4h0.04620+0.149%$10.8M$8.9M20xas long as short
Lighter CHIP+0.0096%1h0.04618+0.105%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04623+0.203%$14.5M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04619+0.118%$49K$231K5xas long as short
Pacifica CHIP+0.0100%1h0.04619+0.125%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04614+0.019%$681K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04615+0.040%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04619+0.127%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04642+0.626%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04609−0.082%$849K$453Kas long as short
SunX CHIP-USDT+0.0100%4h0.04612−0.025%$695$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04636+0.493%$45K$40K50xas long as short