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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Hyperliquid against BingX+0.168%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 7 days−0.031%−$3 · spread now +0.168%, 7d avg +0.161%
Together, before fees+0.090%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CHIP-USDT0.045800.0100pay 0.0050% / 4h1h 52m$1.9M
ShortHyperliquid CHIP0.045880.0100get 0.0013% / 1h52m 11s$14.5M$6.8M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.168% → +0.161%
$0.74
Slippage, 4 orders
−$49.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$67.31
Costs to cover
0.681%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Hyperliquid: live order book, 11 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, 10 min ago5.51 bp17.4 bp −$1752.9 bp −$529doesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago0.11 bp17.3 bp −$17doesn'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−0.1027%1h0.045800.000%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04548−0.699%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0245%4h0.04581+0.022%$1.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0232%1h0.04580+0.011%$229K$18K5xas long as short
Aftermath Perps CHIPUSD−0.0185%1h0.04571−0.194%$109$39K5xas long as short
Bybit CHIPUSDT−0.0132%4h0.04581+0.022%$10.7M$9.0M20xas long as short
Binance CHIPUSDT−0.0122%4h0.04577−0.055%$13.8M$26.0M50xas long as short
Extended CHIP-USD−0.0120%1h0.04581+0.017%$207K$1.3M5xas long as short
MEXC CHIP_USDT−0.0120%4h0.04577−0.066%$1.8M$1.2M50xas long as short
BloFin CHIP-USDT−0.0087%4h0.04574−0.131%$546K$66K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0021%4h0.04578−0.047%$47K$229K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0034%1h0.04586+0.140%$10K$25K10xas long as short
Lighter CHIP+0.0096%1h0.04583+0.066%$85K$109K3xas long as short
Hyperliquid CHIPshort+0.0100%1h0.04588+0.168%$14.5M$6.8M3x
Pacifica CHIP+0.0100%1h0.045800.000%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04583+0.066%$679K$901K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04579−0.022%$979K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.045800.000%$2.0M$3.1M50xas long as short
BingX CHIP-USDTlong+0.0100%4h0.04580long leg$1.9M
Variational Omni CHIP+0.0100%4h0.04571−0.194%$840K$472Kas long as short
ApeX Omni CHIPUSDT+0.0100%1h0.04574−0.131%$14K$249K50xas long as short
SunX CHIP-USDT+0.0100%4h0.04578−0.044%$794$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+3.854%$46K$41K50xas long as short