CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter against Bitget−0.042%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1051.053% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)−0.625%−$63 · spread now −0.042%, 7d avg −0.040%

Together, before fees−0.689%+ Points / potential airdropLighter: Season 3 · farm board−$69 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CHIPUSDT	0.04798	0.0100	pay 0.0050% / 4h	1h 20m	$2.0M	$3.3M	50x
Short	Lighter CHIP	0.04796	0.0096	get 0.0012% / 1h	20m 09s	$89K	$107K	3x

Funding history

latest

Range statsloading…

Lighter against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee LighterbpOrdersPrice spread, now −0.042%Rate

Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 24 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	7.28 bp	21.5 bp −$22	63.2 bp −$632	doesn't fit	doesn't fit
Sell Lighter live order book, 24 min ago	10.52 bp	26.5 bp −$26	130.4 bp −$1,304	doesn't fit	doesn't fit

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
ApeX Omni CHIPUSDT	−0.0592%	1h	0.04800	+0.042%	$16K	$245K	50x	as long as short
Bybit CHIPUSDT	−0.0576%	4h	0.04800	+0.042%	$11.1M	$8.9M	20x	as long as short
Backpack CHIP_USDC_PERP	−0.0430%	1h	0.04798	0.000%	$26K	$237K	5x	as long as short
Phoenix CHIP	−0.0337%	1h	0.04798	0.000%	$3K	$130K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0269%	4h	0.04792	−0.125%	$2.1M	$9.6M	20x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0145%	1h	0.04804	+0.115%	$10K	$24K	10x	as long as short
Aster CHIPUSDT	−0.0033%	4h	0.04806	+0.166%	$46K	$271K	5x	as long as short
Lighter CHIPshort	+0.0096%	1h	0.04796	−0.042%	$89K	$107K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04811	+0.273%	$15.1M	$6.1M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04803	+0.104%	$14K	$689	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CHIPUSDT	+0.0100%	4h	0.04794	−0.077%	$14.5M	$26.4M	50x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04810	+0.250%	$710K	$950K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04796	−0.042%	$1.8M	$1.2M	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04804	+0.125%	$1.0M	$1.1M	50x	as long as short
Bitget CHIPUSDTlong	+0.0100%	4h	0.04798	long leg	$2.0M	$3.3M	50x
BingX CHIP-USDT	+0.0100%	4h	0.04795	−0.063%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04817	+0.388%	$857K	$529K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04797	−0.021%	$772	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04793	−0.098%	$221K	$1.9M	5x	as long as short
Nado CHIP-PERP	+0.0116%	1h	0.04796	−0.031%	$242K	$19K	5x	as long as short
BloFin CHIP-USDT	+0.0125%	4h	0.04816	+0.375%	$575K	$63K	50x	as long as short
Aftermath Perps CHIPUSD	+0.0400%	1h	0.04805	+0.140%	$123	$38K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0832%	1h	0.04855	+1.184%	$47K	$42K	50x	as long as short