Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Deribit against Aftermath Perps−0.327%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.327% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps CHIPUSD | 0.04801 | 0.0012 | pay 0.0001% / 1h | 8m 22s | $63 | $36K | 5x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04786 | −0.0022 | pay 0.0003% / 1h | 8m 22s | $10K | $23K | 10x |
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$6.95
- Price spread: −0.327% → 0.000%
- −$32.67
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$55.62
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
Aftermath Perps and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0367% | 1h | 0.04782 | −0.400% | $17K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0321% | 4h | 0.04788 | −0.275% | $10.9M | $9.0M | 20x | as long as short |
| Nado CHIP-PERP | −0.0196% | 1h | 0.04789 | −0.254% | $242K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0194% | 4h | 0.04783 | −0.379% | $2.1M | $9.7M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04797 | −0.087% | $3K | $128K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0062% | 4h | 0.04785 | −0.337% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | −0.0022% | 1h | 0.04786 | −0.327% | $10K | $23K | 10x | |
| Aftermath Perps CHIPUSDlong | +0.0012% | 1h | 0.04801 | long leg | $63 | $36K | 5x | |
| BloFin CHIP-USDT | +0.0061% | 4h | 0.04781 | −0.420% | $575K | $100K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04787 | −0.295% | $99K | $107K | 3x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04794 | −0.148% | $14.8M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04788 | −0.265% | $54K | $271K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04790 | −0.237% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04784 | −0.350% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04791 | −0.212% | $686K | $996K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04785 | −0.337% | $1.8M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04787 | −0.295% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04784 | −0.358% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04791 | −0.212% | $26K | $235K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04786 | −0.314% | $884K | $442K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04785 | −0.337% | $984 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04782 | −0.396% | $220K | $1.6M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04839 | +0.794% | $46K | $38K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX