CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0447%/8h= +49.0% APRnext payment +$0.56 per $10,000 · paid last 24h +0.207%

Price spread now: Coinbase International against Aftermath Perps+1.444%51s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Coinbase International

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 1.444% dearer against Aftermath Perps than usual: you sell high and buy low: +$144 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CHIPUSD	0.04647	0.0401	pay 0.0050% / 1h	33m 31s	$164	$38K	5x
Short	Coinbase International CHIP-PERP-INTX	0.04715	0.0848	get 0.0106% / 1h	33m 31s	$45K	$40K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +1.444%Rate

Funding earned: $93.89
Price spread: +1.444% → 0.000%: $144.4
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $219.3
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: no order-book sample. 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 Coinbase International no order-book sample	—	—	—	—	—

Aftermath Perps and Coinbase International: 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 22 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	−0.1153%	1h	0.04657	+0.205%	$15K	$218K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0342%	1h	0.04654	+0.140%	$16K	$250K	50x	as long as short
Phoenix CHIP	−0.0172%	1h	0.04623	−0.527%	$3K	$129K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0032%	4h	0.04643	−0.097%	$1.9M	$9.2M	20x	as long as short
Nado CHIP-PERP	−0.0008%	1h	0.04645	−0.054%	$234K	$19K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04647	−0.011%	$86K	$108K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04654	+0.147%	$14.6M	$6.2M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04647	−0.007%	$38K	$254K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04649	+0.039%	$13K	$628	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04641	−0.140%	$13.9M	$26.1M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CHIPUSDT	+0.0100%	4h	0.04647	−0.011%	$10.8M	$8.7M	20x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04652	+0.097%	$688K	$951K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04642	−0.118%	$1.8M	$1.1M	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04648	+0.011%	$976K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04645	−0.054%	$1.9M	$3.2M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04643	−0.097%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04651	+0.071%	$874K	$459K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04653	+0.119%	$872	$1.1M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04640	−0.166%	$211K	$1.9M	5x	as long as short
Aftermath Perps CHIPUSDlong	+0.0401%	1h	0.04647	long leg	$164	$38K	5x
Deribit CHIP_USDC-PERPETUAL	+0.0523%	1h	0.04663	+0.325%	$10K	$24K	10x	as long as short
Coinbase International CHIP-PERP-INTXshort	+0.0848%	1h	0.04715	+1.444%	$45K	$40K	50x