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

CHIP

all CHIP markets
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: Gate against BingX+0.235%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1231.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days−0.219%−$22 · spread now +0.235%, 7d avg +0.072%
Together, before fees−0.236%−$24 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: Gate is 0.163% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CHIP-USDT0.046820.0100pay 0.0050% / 4h57m 44s$1.9M
ShortGate CHIP_USDT0.046930.0100get 0.0050% / 4h57m 44s$684K$948K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.235% → +0.072%
$16.33
Slippage, 4 orders
−$97.74
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$106.41
Costs to cover
1.227%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 64 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, 5 min ago6.37 bp19.9 bp −$2072.3 bp −$723doesn't fitdoesn't fit
Sell Gate live order book, 64 min ago3.16 bp36.9 bp −$37251.9 bp −$2,519doesn'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−0.0682%1h0.04710+0.598%$16K$245K50xas long as short
Bybit CHIPUSDT−0.0527%4h0.04686+0.085%$10.8M$8.9M20xas long as short
Backpack CHIP_USDC_PERP−0.0522%1h0.04690+0.171%$32K$242K5xas long as short
Phoenix CHIP−0.0337%1h0.04710+0.598%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0319%4h0.04675−0.150%$2.0M$9.4M20xas long as short
Aster CHIPUSDT−0.0093%4h0.04690+0.180%$50K$274K5xas long as short
Nado CHIP-PERP+0.0035%1h0.04698+0.331%$238K$20K5xas long as short
Extended CHIP-USD+0.0072%1h0.04678−0.087%$214K$1.9M5xas long as short
MEXC CHIP_USDT+0.0074%4h0.046820.000%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0075%4h0.04682+0.010%$14.2M$26.6M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDT+0.0090%4h0.04704+0.470%$571K$63K50xas long as short
Lighter CHIP+0.0096%1h0.04686+0.085%$87K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04690+0.179%$14.7M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04684+0.049%$16K$3K3xas long as short
Gate CHIP_USDTshort+0.0100%4h0.04693+0.235%$684K$948K50x
KuCoin CHIPUSDTM+0.0100%4h0.04690+0.171%$982K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04683+0.021%$2.0M$3.3M50xas long as short
BingX CHIP-USDTlong+0.0100%4h0.04682long leg$1.9M
Variational Omni CHIP+0.0100%4h0.04705+0.481%$838K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04690+0.171%$864$1.0M10xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0175%1h0.04704+0.468%$10K$24K10xas long as short
Aftermath Perps CHIPUSD+0.0392%1h0.04721+0.826%$230$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+3.691%$47K$42K50xas long as short