Funding you earn now, next payment 04:00 UTC+0.0664%/8h= +72.7% APRnext payment +$0.83 per $10,000 · paid last 24h +0.178%
Price spread now: Aftermath Perps against Backpack+0.163%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Aftermath Perps is 0.163% dearer against Backpack than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CHIP_USDC_PERP | 0.04713 | −0.0272 | get 0.0034% / 1h | 58m 25s | $32K | $242K | 5x |
| Short | Aftermath Perps CHIPUSD | 0.04721 | 0.0392 | get 0.0049% / 1h | 58m 25s | $230 | $38K | 5x |
Backpack CHIP_USDC_PERP
Aftermath Perps CHIPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $139.44
- Price spread: +0.163% → 0.000%
- $16.3
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $136.74
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: Backpack: live order book, 65 min ago; Aftermath Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 65 min ago | 2.10 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0682% | 1h | 0.04710 | −0.064% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0527% | 4h | 0.04702 | −0.233% | $10.8M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04710 | −0.064% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0319% | 4h | 0.04696 | −0.361% | $2.0M | $9.5M | 20x | as long as short |
| Backpack CHIP_USDC_PERPlong | −0.0272% | 1h | 0.04713 | long leg | $32K | $242K | 5x | |
| Aster CHIPUSDT | −0.0087% | 4h | 0.04706 | −0.148% | $50K | $274K | 5x | as long as short |
| Nado CHIP-PERP | +0.0035% | 1h | 0.04698 | −0.329% | $238K | $20K | 5x | as long as short |
| MEXC CHIP_USDT | +0.0070% | 4h | 0.04697 | −0.339% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | +0.0072% | 1h | 0.04702 | −0.235% | $215K | $1.9M | 5x | as long as short |
| Binance CHIPUSDT | +0.0075% | 4h | 0.04701 | −0.256% | $14.2M | $26.6M | 50x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Nado CHIP-PERP
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | +0.0090% | 4h | 0.04704 | −0.191% | $571K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04709 | −0.085% | $87K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04705 | −0.168% | $14.7M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04710 | −0.064% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04707 | −0.127% | $686K | $947K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04703 | −0.212% | $984K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04699 | −0.297% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04692 | −0.446% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04705 | −0.180% | $838K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04703 | −0.212% | $950 | $1.0M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0132% | 1h | 0.04716 | +0.072% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSDshort | +0.0392% | 1h | 0.04721 | +0.163% | $230 | $38K | 5x | |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.009% | $47K | $42K | 50x | as long as short |
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX