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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%
Price spread now: Extended against Binance−0.007%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1091.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.228%−$23 · spread now −0.007%, 7d avg −0.052%
Together, before fees−0.228%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.045% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.047850.0100pay 0.0050% / 4h1h 07m$14.4M$27.0M50x
ShortExtended CHIP-USD0.047850.0104get 0.0013% / 1h7m 54s$221K$1.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.007% → −0.052%
$4.47
Slippage, 4 orders
−$93.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$103.34
Costs to cover
1.086%
Break-even
868.1 days
Slippage from Binance: live order book, 3 min ago; Extended: live order book, 1 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, 3 min ago1.04 bp18.5 bp −$1983.2 bp −$832doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago3.24 bp34.6 bp −$35223.5 bp −$2,235doesn'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
ApeX Omni CHIPUSDT−0.0367%1h0.04782−0.063%$17K$245K50xas long as short
Bybit CHIPUSDT−0.0321%4h0.04789+0.084%$10.9M$9.0M20xas long as short
Nado CHIP-PERP−0.0196%1h0.04789+0.084%$242K$18K5xas long as short
OKX CHIP-USDT-SWAP−0.0190%4h0.047850.000%$2.1M$9.8M20xas long as short
Phoenix CHIP−0.0171%1h0.04797+0.251%$3K$128K5xas long as short
KuCoin CHIPUSDTM−0.0062%4h0.04788+0.063%$1.0M$1.1M50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0022%1h0.04786+0.010%$10K$23K10xas long as short
Aftermath Perps CHIPUSD+0.0012%1h0.04801+0.338%$63$36K5xas long as short
BloFin CHIP-USDT+0.0061%4h0.04781−0.084%$575K$100K50xas long as short
Lighter CHIP+0.0096%1h0.04787+0.042%$99K$107K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CHIP+0.0100%1h0.04793+0.176%$14.8M$5.9M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04788+0.059%$54K$271K5xas long as short
Pacifica CHIP+0.0100%1h0.04790+0.100%$16K$4K3xas long as short
Binance CHIPUSDTlong+0.0100%4h0.04785long leg$14.4M$27.0M50x
Gate CHIP_USDT+0.0100%4h0.04791+0.125%$686K$996K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04789+0.084%$1.8M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04789+0.084%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04786+0.021%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04788+0.063%$26K$235K5xas long as short
Variational Omni CHIP+0.0100%4h0.04786+0.023%$884K$442Kas long as short
SunX CHIP-USDT+0.0100%4h0.047850.000%$984$1.0M10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04785−0.007%$221K$1.6M5x
Coinbase International CHIP-PERP-INTX+0.0952%1h0.04839+1.135%$46K$38K50xas long as short