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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.070%
Price spread now: ApeX Omni against BingX0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.740% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.436%−$44 on $10k
Price spread, last 3 days (all we have)+0.080%+$8 · spread now 0.000%, 7d avg −0.014%
Together, before fees−0.356%−$36 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CHIP-USDT0.045730.0100pay 0.0050% / 4h1h 51m$1.9M
ShortApeX Omni CHIPUSDT0.045730.0100get 0.0013% / 1h51m 11s$14K$249K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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: 0.000% → −0.014%
$1.37
Slippage, 4 orders
−$53.99
Fee BingX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$72.61
Costs to cover
0.740%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; ApeX Omni: live order book, 30 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 BingX live order book, 11 min ago5.51 bp17.4 bp −$1752.9 bp −$529doesn't fitdoesn't fit
Sell ApeX Omni live order book, 30 min ago6.52 bp17.8 bp −$18127.8 bp −$1,278doesn'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−0.1027%1h0.04580+0.153%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04580+0.153%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0246%4h0.045730.000%$1.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0224%1h0.04575+0.044%$229K$18K5xas long as short
Aftermath Perps CHIPUSD−0.0186%1h0.04573−0.006%$109$39K5xas long as short
Bybit CHIPUSDT−0.0155%4h0.04579+0.131%$10.7M$9.0M20xas long as short
Binance CHIPUSDT−0.0122%4h0.04570−0.074%$13.8M$26.0M50xas long as short
Extended CHIP-USD−0.0120%1h0.04573+0.007%$207K$1.3M5xas long as short
MEXC CHIP_USDT−0.0120%4h0.04570−0.066%$1.8M$1.2M50xas long as short
BloFin CHIP-USDT−0.0100%4h0.04572−0.022%$539K$67K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04579+0.122%$10K$25K10xas long as short
Aster CHIPUSDT+0.0021%4h0.04578+0.101%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04575+0.044%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04579+0.125%$14.4M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04577+0.083%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04583+0.219%$679K$901K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04579+0.131%$979K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04576+0.066%$2.0M$3.1M50xas long as short
BingX CHIP-USDTlong+0.0100%4h0.04573long leg$1.9M
Variational Omni CHIP+0.0100%4h0.04571−0.041%$840K$472Kas long as short
ApeX Omni CHIPUSDTshort+0.0100%1h0.045730.000%$14K$249K50x
SunX CHIP-USDT+0.0100%4h0.04576+0.066%$1K$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+4.013%$46K$41K50xas long as short