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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0430%/8h= +47.1% APRnext payment +$0.54 per $10,000 · paid last 24h +0.140%
Price spread now: Aftermath Perps against ApeX Omni+0.359%66s7-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 +$13 a day on $10k at the current rate, and Aftermath Perps is 0.359% dearer against ApeX Omni than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHIPUSDT0.04784−0.0394get 0.0049% / 1h3m 54s$17K$245K50x
ShortAftermath Perps CHIPUSD0.048010.0036get 0.0005% / 1h3m 54s$119$36K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against ApeX Omni. 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
$90.4
Price spread: +0.359% → 0.000%
$35.95
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$107.35
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 38 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 38 min ago8.39 bp16.5 bp −$17135.4 bp −$1,354doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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
ApeX Omni CHIPUSDTlong−0.0394%1h0.04784long leg$17K$245K50x
Bybit CHIPUSDT−0.0257%4h0.04799+0.314%$10.9M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0179%4h0.04794+0.209%$2.1M$9.8M20xas long as short
Nado CHIP-PERP−0.0175%1h0.047840.000%$242K$18K5xas long as short
Phoenix CHIP−0.0171%1h0.04783−0.021%$3K$128K5xas long as short
KuCoin CHIPUSDTM−0.0052%4h0.04798+0.293%$1.0M$1.1M50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04791+0.138%$10K$23K10xas long as short
Aftermath Perps CHIPUSDshort+0.0036%1h0.04801+0.359%$119$36K5x
BloFin CHIP-USDT+0.0069%4h0.04805+0.439%$577K$101K50xas long as short
Backpack CHIP_USDC_PERP+0.0079%1h0.04796+0.251%$26K$235K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CHIP+0.0096%1h0.04792+0.167%$100K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04805+0.437%$14.9M$5.9M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04801+0.351%$53K$275K5xas long as short
Pacifica CHIP+0.0100%1h0.04804+0.422%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04796+0.251%$14.4M$27.0M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04796+0.251%$687K$997K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04797+0.272%$1.8M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04798+0.293%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04796+0.251%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04807+0.484%$922K$475Kas long as short
SunX CHIP-USDT+0.0100%4h0.04799+0.314%$563$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04794+0.201%$219K$1.9M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0952%1h0.04839+1.156%$46K$38K50xas long as short