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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.2% APRnext payment +$0.56 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Aster+0.423%7-day average −0.005% · 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)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.423%, 7d avg −0.005%
Together, before fees−0.152%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.428% dearer against Aster than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CHIPUSDT0.04745−0.0012get 0.0006% / 4h6m 33s$56K$279K5x
ShortVariational Omni CHIP0.047650.0100get 0.0050% / 4h6m 33s$848K$527K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$23.45
Price spread: +0.423% → −0.005%
$42.8
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$58.25
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: live order book, 50 min ago; Variational Omni: RFQ quote, 53 min ago. 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, 50 min ago8.49 bp33.7 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 53 min ago6.38 bpdoesn't fit150.9 bp −$1,509doesn'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
Phoenix CHIP−0.0510%1h0.04765+0.421%$3K$129K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0508%1h0.04748+0.067%$10K$24K10xas long as short
Backpack CHIP_USDC_PERP−0.0348%1h0.04750+0.105%$34K$251K5xas long as short
OKX CHIP-USDT-SWAP−0.0334%4h0.04715−0.633%$2.0M$9.7M20xas long as short
ApeX Omni CHIPUSDT−0.0328%1h0.04758+0.273%$16K$244K50xas long as short
Bybit CHIPUSDT−0.0262%4h0.04719−0.548%$10.8M$9.1M20xas long as short
Nado CHIP-PERP−0.0125%1h0.04719−0.548%$239K$20K5xas long as short
Aster CHIPUSDTlong−0.0012%4h0.04745long leg$56K$279K5x
MEXC CHIP_USDT+0.0078%4h0.04721−0.506%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0079%4h0.04716−0.612%$14.2M$27.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CHIP-USD+0.0080%1h0.04716−0.608%$215K$1.9M5xas long as short
Lighter CHIP+0.0096%1h0.04747+0.042%$97K$117K3xas long as short
BloFin CHIP-USDT+0.0097%4h0.04738−0.148%$564K$65K50xas long as short
Hyperliquid CHIP+0.0100%1h0.04726−0.401%$14.7M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04745−0.005%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04750+0.105%$689K$987K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04721−0.506%$982K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04720−0.527%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04718−0.570%$2.0Mas long as short
Variational Omni CHIPshort+0.0100%4h0.04765+0.423%$848K$527K
SunX CHIP-USDT+0.0100%4h0.04745−0.001%$884$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0158%1h0.04757+0.244%$100$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.313%$47K$41K50xas long as short