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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against Binance+0.114%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.114%, 7d avg +0.056%
Together, before fees−0.090%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.058% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.04545−0.0130get 0.0065% / 4h1h 57m$13.7M$26.0M50x
ShortAster CHIPUSDT0.045500.0002get 0.0001% / 4h1h 57m$47K$228K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$27.68
Price spread: +0.114% → +0.056%
$5.81
Slippage, 4 orders
−$79.41
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$63.92
Costs to cover
0.974%
Break-even
23.2 days
Slippage from Binance: live order book, 13 min ago; Aster: live order book, 24 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 Binance live order book, 13 min ago1.09 bp12.3 bp −$1256.5 bp −$565doesn't fitdoesn't fit
Sell Aster live order book, 24 min ago3.26 bp29.1 bp −$29doesn'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−0.0799%1h0.04548+0.066%$16K$234K5xas long as short
ApeX Omni CHIPUSDT−0.0656%1h0.04540−0.110%$14K$249K50xas long as short
OKX CHIP-USDT-SWAP−0.0273%4h0.04551+0.132%$1.9M$9.1M20xas long as short
Bybit CHIPUSDT−0.0231%4h0.04551+0.132%$10.7M$9.0M20xas long as short
Nado CHIP-PERP−0.0229%1h0.04554+0.198%$228K$18K5xas long as short
Phoenix CHIP−0.0173%1h0.04534−0.242%$3K$143K5xas long as short
Aftermath Perps CHIPUSD−0.0154%1h0.04555+0.226%$109$39K5xas long as short
MEXC CHIP_USDT−0.0132%4h0.045450.000%$1.8M$1.2M50xas long as short
Binance CHIPUSDTlong−0.0130%4h0.04545long leg$13.7M$26.0M50x
Extended CHIP-USD−0.0128%1h0.04549+0.084%$206K$1.3M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDT−0.0127%4h0.04546+0.022%$543K$65K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04552+0.154%$9K$25K10xas long as short
Aster CHIPUSDTshort+0.0002%4h0.04550+0.114%$47K$228K5x
Lighter CHIP+0.0096%1h0.04549+0.088%$84K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04555+0.222%$14.4M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04556+0.240%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04552+0.154%$675K$900K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04547+0.044%$971K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04550+0.110%$1.9M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04548+0.066%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04545+0.008%$835K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.04550+0.110%$997$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+4.653%$46K$41K50xas long as short