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+0.0187%/8h= +20.5% APRpaid last 24h 0.000%
Price spread now: Pacifica against Aster+0.262%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 fees+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Pacifica is 0.262% dearer against Aster than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CHIPUSDT0.04698−0.0087get 0.0044% / 4h58m 07s$50K$274K5x
ShortPacifica CHIP0.047100.0100get 0.0013% / 1h58m 07s$16K$3K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$39.27
Price spread: +0.262% → 0.000%
$26.24
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$49.52
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aster: live order book, 64 min ago; Pacifica: 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 Aster live order book, 64 min ago5.26 bp27.8 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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 CHIPUSDT−0.0682%1h0.04710+0.262%$16K$245K50xas long as short
Bybit CHIPUSDT−0.0527%4h0.04689−0.185%$10.8M$8.9M20xas long as short
Backpack CHIP_USDC_PERP−0.0522%1h0.04690−0.163%$32K$242K5xas long as short
Phoenix CHIP−0.0337%1h0.04710+0.262%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0319%4h0.04679−0.397%$2.0M$9.4M20xas long as short
Aster CHIPUSDTlong−0.0087%4h0.04698long leg$50K$274K5x
Nado CHIP-PERP+0.0035%1h0.04698−0.004%$238K$20K5xas long as short
MEXC CHIP_USDT+0.0070%4h0.04690−0.163%$1.8M$1.2M50xas long as short
Extended CHIP-USD+0.0072%1h0.04691−0.144%$214K$1.9M5xas long as short
Binance CHIPUSDT+0.0075%4h0.04682−0.334%$14.2M$26.6M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDT+0.0090%4h0.04704+0.135%$571K$63K50xas long as short
Lighter CHIP+0.0096%1h0.04690−0.163%$87K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04692−0.129%$14.7M$6.2M3xas long as short
Pacifica CHIPshort+0.0100%1h0.04710+0.262%$16K$3K3x
Gate CHIP_USDT+0.0100%4h0.04695−0.057%$684K$948K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04693−0.099%$982K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04688−0.206%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04684−0.291%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04705+0.146%$838K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04690−0.163%$864$1.0M10xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0175%1h0.04704+0.133%$10K$24K10xas long as short
Aftermath Perps CHIPUSD+0.0392%1h0.04721+0.490%$230$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+3.345%$47K$42K50xas long as short