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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.029%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.558% 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−0.004%$0 · spread now −0.029%, 7d avg +0.001%
Together, before fees−0.003%$0 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: MEXC is 0.030% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.046180.0100pay 0.0050% / 4h3h 41m$13.9M$26.1M50x
ShortMEXC CHIP_USDT0.046170.0100get 0.0050% / 4h3h 41m$1.8M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
Price spread: −0.029% → +0.001%
−$2.99
Slippage, 4 orders
−$45.83
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$58.82
Costs to cover
0.558%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 5 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, 14 min ago1.08 bp16.9 bp −$1792.8 bp −$928doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.17 bp9.2 bp −$958.8 bp −$588228.4 bp −$22.8K774.7 bp −$387.4K

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−0.0994%1h0.04618−0.007%$16K$232K5xas long as short
ApeX Omni CHIPUSDT−0.0474%1h0.04619+0.015%$14K$248K50xas long as short
Bybit CHIPUSDT−0.0239%4h0.04620+0.036%$10.8M$8.9M20xas long as short
Nado CHIP-PERP−0.0192%1h0.04602−0.353%$230K$18K5xas long as short
Phoenix CHIP−0.0172%1h0.04623+0.101%$3K$140K5xas long as short
OKX CHIP-USDT-SWAP−0.0070%4h0.04618−0.007%$1.9M$9.1M20xas long as short
Gate CHIP_USDT+0.0038%4h0.04615−0.072%$681K$906K50xas long as short
Lighter CHIP+0.0096%1h0.04625+0.145%$86K$108K3xas long as short
Aster CHIPUSDT+0.0100%4h0.04614−0.095%$46K$236K5xas long as short
Pacifica CHIP+0.0100%1h0.04603−0.330%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDTlong+0.0100%4h0.04618long leg$13.9M$26.1M50x
MEXC CHIP_USDTshort+0.0100%4h0.04617−0.029%$1.8M$1.2M50x
KuCoin CHIPUSDTM+0.0100%4h0.04621+0.058%$974K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04617−0.029%$1.9M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04621+0.058%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04620+0.043%$867K$469Kas long as short
SunX CHIP-USDT+0.0100%4h0.04599−0.418%$717$1.1M10xas long as short
BloFin CHIP-USDT+0.0102%4h0.04611−0.158%$544K$65K50xas long as short
Extended CHIP-USD+0.0104%1h0.04615−0.071%$209K$1.6M5xas long as short
Hyperliquid CHIP+0.0202%1h0.04628+0.207%$14.5M$6.8M3xas long as short
Aftermath Perps CHIPUSD+0.0414%1h0.04619+0.012%$85$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04715+2.098%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1722%1h0.04623+0.104%$10K$24K10xas long as short