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−0.0169%/8h= −18.5% APRpaid last 24h +0.038%
Price spread now: Nado against Bitget+0.106%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$920.919% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.174%+$17 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.106%, 7d avg −0.076%
Together, before fees+0.276%+ Points / potential airdropNado: Active · farm board+$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.182% dearer against Bitget than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of −0.076%): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 3 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHIPUSDT0.047380.0100pay 0.0050% / 4h2h 09m$2.0M$3.3M50x
ShortNado CHIP-PERP0.04743−0.0069pay 0.0009% / 1h9m 49s$239K$19K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$35.53
Price spread: +0.106% → −0.076%
$18.17
Slippage, 4 orders
−$72.94
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$109.29
Costs to cover
0.919%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Nado: live order book, 58 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, 3 min ago5.27 bp24.2 bp −$2477.2 bp −$772doesn't fitdoesn't fit
Sell Nado live order book, 58 min ago5.11 bp19.3 bp −$19doesn't fitdoesn't fitdoesn't fit

CHIP on 22 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−0.1400%1h0.04739+0.021%$15K$221K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0572%1h0.04738+0.004%$10K$24K10xas long as short
Phoenix CHIP−0.0172%1h0.04720−0.380%$3K$129K5xas long as short
ApeX Omni CHIPUSDT−0.0157%1h0.04729−0.190%$16K$244K50xas long as short
Nado CHIP-PERPshort−0.0069%1h0.04743+0.106%$239K$19K5x
OKX CHIP-USDT-SWAP−0.0047%4h0.04734−0.084%$2.0M$9.4M20xas long as short
Bybit CHIPUSDT+0.0077%4h0.04742+0.084%$11.1M$8.7M20xas long as short
Lighter CHIP+0.0096%1h0.04736−0.042%$88K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04750+0.257%$14.9M$6.0M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04748+0.205%$38K$261K5xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04754+0.331%$14K$6043xas long as short
Binance CHIPUSDT+0.0100%4h0.04734−0.084%$14.3M$26.2M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04749+0.232%$696K$961K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04734−0.084%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04745+0.148%$992K$1.1M50xas long as short
Bitget CHIPUSDTlong+0.0100%4h0.04738long leg$2.0M$3.3M50x
BingX CHIP-USDT+0.0100%4h0.04736−0.042%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04742+0.077%$899K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04730−0.169%$867$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04734−0.088%$217K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0385%1h0.04735−0.054%$104$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04785+0.990%$46K$41K50xas long as short