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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1937%/8h= +212.1% APRnext payment +$2.42 per $10,000 · paid last 24h +0.319%
Price spread now: Coinbase International against ApeX Omni+3.536%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 5 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 +$58 a day on $10k at the current rate, and Coinbase International is 3.536% dearer against ApeX Omni than usual: you sell high and buy low: +$354 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHIPUSDT0.04689−0.1201get 0.0150% / 1h52m 35s$16K$246K50x
ShortCoinbase International CHIP-PERP-INTX0.048550.0736get 0.0092% / 1h52m 35s$47K$42K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$406.85
Price spread: +3.536% → 0.000%
$353.59
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$740.44
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 4 min ago7.41 bp17.1 bp −$17123.7 bp −$1,237doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
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 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−0.1201%1h0.04689long leg$16K$246K50x
Backpack CHIP_USDC_PERP−0.0557%1h0.04700+0.235%$33K$243K5xas long as short
Bybit CHIPUSDT−0.0530%4h0.04690+0.021%$10.8M$9.0M20xas long as short
Phoenix CHIP−0.0510%1h0.04726+0.789%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0351%4h0.04685−0.085%$2.0M$9.5M20xas long as short
Aster CHIPUSDT−0.0091%4h0.04700+0.234%$50K$274K5xas long as short
Nado CHIP-PERP−0.0065%1h0.04686−0.053%$237K$20K5xas long as short
Binance CHIPUSDT+0.0079%4h0.04687−0.043%$14.2M$26.7M50xas long as short
Extended CHIP-USD+0.0080%1h0.04684−0.102%$214K$1.9M5xas long as short
MEXC CHIP_USDT+0.0080%4h0.046890.000%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CHIP+0.0096%1h0.04690+0.021%$87K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04701+0.252%$14.7M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04696+0.145%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04705+0.341%$684K$949K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04696+0.149%$983K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04684−0.107%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04685−0.085%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04729+0.847%$838K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04700+0.235%$810$1.0M10xas long as short
BloFin CHIP-USDT+0.0125%4h0.04697+0.171%$564K$63K50xas long as short
Aftermath Perps CHIPUSD+0.0375%1h0.04719+0.636%$134$38K5xas long as short
Coinbase International CHIP-PERP-INTXshort+0.0736%1h0.04855+3.536%$47K$42K50x
Deribit CHIP_USDC-PERPETUAL+0.1175%1h0.04709+0.429%$10K$24K10xas long as short