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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against Bitget0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1291.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.211%−$21 on $10k
Price spread, last 7 days+0.008%+$1 · spread now 0.000%, 7d avg −0.013%
Together, before fees−0.204%−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHIPUSDT0.046180.0100pay 0.0050% / 4h1h 22m$2.0M$3.1M50x
ShortKuCoin CHIPUSDTM0.046180.0100get 0.0050% / 4h1h 22m$983K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: 0.000% → −0.013%
$1.31
Slippage, 4 orders
−$104.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$127.3
Costs to cover
1.286%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: 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, 5 min ago3.27 bp19.7 bp −$2053.2 bp −$532doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.53 bp39.2 bp −$39476.2 bp −$4,762doesn'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−0.1269%1h0.04620+0.043%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04593−0.541%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0162%4h0.04620+0.043%$1.9M$9.2M20xas long as short
Aftermath Perps CHIPUSD−0.0153%1h0.04593−0.535%$59$39K5xas long as short
Nado CHIP-PERP−0.0107%1h0.04590−0.606%$230K$18K5xas long as short
BloFin CHIP-USDT−0.0106%4h0.04616−0.043%$544K$68K50xas long as short
MEXC CHIP_USDT−0.0070%4h0.04619+0.022%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0064%4h0.04617−0.027%$13.9M$26.0M50xas long as short
Extended CHIP-USD−0.0064%1h0.04620+0.046%$210K$1.3M5xas long as short
ApeX Omni CHIPUSDT−0.0011%1h0.04593−0.541%$14K$247K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT+0.0059%4h0.04619+0.022%$10.8M$9.0M20xas long as short
Aster CHIPUSDT+0.0093%4h0.04623+0.108%$48K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04620+0.043%$86K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04627+0.197%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04591−0.595%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04617−0.022%$683K$909K50xas long as short
KuCoin CHIPUSDTMshort+0.0100%4h0.046180.000%$983K$1.0M50x
Bitget CHIPUSDTlong+0.0100%4h0.04618long leg$2.0M$3.1M50x
BingX CHIP-USDT+0.0100%4h0.04619+0.022%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04597−0.456%$846K$455Kas long as short
SunX CHIP-USDT+0.0100%4h0.04589−0.628%$562$1.1M10xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0702%1h0.04628+0.217%$10K$25K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04601−0.364%$44K$39K50xas long as short