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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0273%/8h= −29.9% APRpaid last 24h +0.041%
Price spread now: Nado against Aster−0.199%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$960.959% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.180%+$18 on $10k
Price spread, last 3 days (all we have)+0.164%+$16 · spread now −0.199%, 7d avg −0.056%
Together, before fees+0.344%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Nado is 0.143% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.056%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.180%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CHIPUSDT0.046170.0100pay 0.0050% / 4h3h 44m$46K$236K5x
ShortNado CHIP-PERP0.04607−0.0173pay 0.0022% / 1h44m 24s$230K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$57.25
Price spread: −0.199% → −0.056%
−$14.32
Slippage, 4 orders
−$80.93
Fee Aster: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$167.5
Costs to cover
0.959%
Break-even
never at this rate
Slippage from Aster: live order book, 27 min ago; Nado: live order book, 28 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, 27 min ago6.47 bp30.2 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 28 min ago5.05 bp19.3 bp −$19doesn't fitdoesn'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−0.0784%1h0.04618+0.028%$15K$232K5xas long as short
ApeX Omni CHIPUSDT−0.0528%1h0.04622+0.115%$14K$248K50xas long as short
Nado CHIP-PERPshort−0.0173%1h0.04607−0.199%$230K$18K5x
Phoenix CHIP−0.0172%1h0.04623+0.137%$3K$140K5xas long as short
OKX CHIP-USDT-SWAP−0.0067%4h0.04606−0.232%$1.9M$9.0M20xas long as short
Bybit CHIPUSDT−0.0034%4h0.04613−0.080%$10.7M$8.9M20xas long as short
BloFin CHIP-USDT+0.0044%4h0.04612−0.102%$544K$65K50xas long as short
Gate CHIP_USDT+0.0084%4h0.04620+0.072%$681K$901K50xas long as short
Lighter CHIP+0.0096%1h0.04616−0.015%$86K$108K3xas long as short
Aster CHIPUSDTlong+0.0100%4h0.04617long leg$46K$236K5x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04619+0.041%$13K$6283xas long as short
Binance CHIPUSDT+0.0100%4h0.04603−0.297%$13.9M$26.1M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04608−0.188%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04612−0.102%$972K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04607−0.210%$1.9M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04607−0.210%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04620+0.078%$867K$469Kas long as short
SunX CHIP-USDT+0.0100%4h0.04613−0.080%$749$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04608−0.198%$212K$1.5M5xas long as short
Hyperliquid CHIP+0.0300%1h0.04613−0.080%$14.5M$6.7M3xas long as short
Aftermath Perps CHIPUSD+0.0428%1h0.04625+0.169%$141$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04715+2.134%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.2044%1h0.04632+0.329%$10K$24K10xas long as short