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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.091%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1081.075% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.721%+$72 · spread now −0.091%, 7d avg +0.020%
Together, before fees+0.750%+ Points / potential airdropAster: Stage 5 · farm board+$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.111% cheaper against Aster than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.020%). If the spread goes back, that is −$11 on $10k: about 5.0 days of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.029% in total) that is about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CHIPUSDT0.047470.0026pay 0.0013% / 4h1h 47m$45K$271K5x
ShortBitget CHIPUSDT0.047430.0100get 0.0050% / 4h1h 47m$2.0M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$15.44
Price spread: −0.091% → +0.020%
−$11.06
Slippage, 4 orders
−$87.53
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$103.15
Costs to cover
1.075%
Break-even
53.8 days
Slippage from Aster: live order book, 14 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 14 min ago5.26 bp27.8 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago8.44 bp29.2 bp −$2985.2 bp −$852doesn't fitdoesn't fit

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−0.1939%1h0.04753+0.120%$21K$210K5xas long as short
Phoenix CHIP−0.0337%1h0.04747−0.007%$3K$130K5xas long as short
ApeX Omni CHIPUSDT−0.0323%1h0.04733−0.302%$16K$244K50xas long as short
Bybit CHIPUSDT−0.0303%4h0.04747−0.007%$10.9M$8.8M20xas long as short
OKX CHIP-USDT-SWAP−0.0174%4h0.04740−0.154%$2.0M$9.5M20xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04752+0.105%$10K$24K10xas long as short
Aster CHIPUSDTlong+0.0026%4h0.04747long leg$45K$271K5x
BloFin CHIP-USDT+0.0067%4h0.04744−0.070%$65K50xas long as short
Lighter CHIP+0.0096%1h0.04741−0.133%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04754+0.151%$14.9M$6.1M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04747−0.011%$14K$6883xas long as short
Binance CHIPUSDT+0.0100%4h0.04739−0.184%$14.3M$26.3M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04751+0.078%$701K$943K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04744−0.070%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04744−0.070%$1.0M$1.1M50xas long as short
Bitget CHIPUSDTshort+0.0100%4h0.04743−0.091%$2.0M$3.3M50x
BingX CHIP-USDT+0.0100%4h0.04744−0.070%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04729−0.395%$840K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04741−0.133%$683$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04740−0.148%$216K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0329%1h0.04748+0.007%$83$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04788+0.863%$46K$41K50xas long as short
Nado CHIP-PERP+0.1232%1h0.04740−0.144%$239K$19K5xas long as short