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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.008%
Price spread now: Extended against Bitget−0.089%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.089%, 7d avg −0.122%
Together, before fees−0.065%+ Points / potential airdropExtended: Active · farm board−$7 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: Extended is 0.034% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHIPUSDT0.046490.0100pay 0.0050% / 4h2h 51m$2.0M$3.2M50x
ShortExtended CHIP-USD0.046450.0104get 0.0013% / 1h51m 17s$216K$1.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.089% → −0.122%
$3.37
Slippage, 4 orders
−$100.85
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$113.64
Costs to cover
1.178%
Break-even
954.0 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 2 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 Bitget live order book, 1 min ago4.31 bp21.6 bp −$2272.8 bp −$728doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago3.47 bp37.2 bp −$37309.5 bp −$3,095doesn'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−0.0816%1h0.04623−0.559%$16K$250K50xas long as short
Backpack CHIP_USDC_PERP−0.0396%1h0.04643−0.129%$14K$219K5xas long as short
Phoenix CHIP−0.0172%1h0.04612−0.796%$3K$129K5xas long as short
Nado CHIP-PERP−0.0010%1h0.04647−0.043%$234K$19K5xas long as short
OKX CHIP-USDT-SWAP−0.0007%4h0.04648−0.022%$1.9M$9.2M20xas long as short
Lighter CHIP+0.0096%1h0.04647−0.043%$86K$108K3xas long as short
BloFin CHIP-USDT+0.0097%4h0.04640−0.194%$557K$63K50xas long as short
Hyperliquid CHIP+0.0100%1h0.04658+0.187%$14.6M$6.4M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04648−0.030%$48K$255K5xas long as short
Pacifica CHIP+0.0100%1h0.04646−0.069%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04646−0.062%$14.0M$26.2M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04650+0.022%$10.8M$8.7M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04651+0.043%$689K$914K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04647−0.043%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04643−0.129%$976K$1.1M50xas long as short
Bitget CHIPUSDTlong+0.0100%4h0.04649long leg$2.0M$3.2M50x
BingX CHIP-USDT+0.0100%4h0.04646−0.065%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04648−0.026%$872K$458Kas long as short
SunX CHIP-USDT+0.0100%4h0.04645−0.086%$744$1.1M10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04645−0.089%$216K$1.9M5x
Aftermath Perps CHIPUSD+0.0287%1h0.04641−0.174%$118$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04715+1.411%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1040%1h0.04657+0.161%$10K$24K10xas long as short