Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.085%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.085%, 7d avg +0.012%
=Together, before fees−0.060%+ Points / potential airdropLighter: Season 3 · farm board−$6 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: Lighter is 0.073% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04697 | 0.0100 | pay 0.0050% / 4h | 34m 35s | — | $1.9M | — |
| Short | Lighter CHIP | 0.04701 | 0.0096 | get 0.0012% / 1h | 34m 35s | $87K | $108K | 3x |
BingX CHIP-USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.085% → +0.012%
- $7.32
- Slippage, 4 orders
- −$68.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$71.92
- Costs to cover
- 0.784%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Lighter: live order book, 25 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 4.27 bp | 16.5 bp −$16 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 10.83 bp | 19.4 bp −$19 | 119.5 bp −$1,195 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1250% | 1h | 0.04703 | +0.128% | $14K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04708 | +0.234% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0078% | 1h | 0.04704 | +0.159% | $87 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0054% | 4h | 0.04687 | −0.213% | $2.0M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04711 | +0.292% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | +0.0026% | 1h | 0.04714 | +0.362% | $14K | $248K | 50x | as long as short |
| Bybit CHIPUSDT | +0.0031% | 4h | 0.04694 | −0.064% | $10.9M | $8.9M | 20x | as long as short |
| Extended CHIP-USD | +0.0032% | 1h | 0.04697 | −0.006% | $215K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0032% | 4h | 0.04694 | −0.072% | $14.1M | $26.2M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0032% | 4h | 0.04701 | +0.085% | $1.8M | $1.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | +0.0057% | 4h | 0.04703 | +0.128% | $549K | $67K | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04701 | +0.085% | $87K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04711 | +0.302% | $14.8M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04701 | +0.079% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04700 | +0.068% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04706 | +0.192% | $696K | $912K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04704 | +0.149% | $991K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04688 | −0.192% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04697 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | +0.159% | $885K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04705 | +0.170% | $922 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0356% | 1h | 0.04687 | −0.213% | $234K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04739 | +0.888% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX