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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0215%/8h= +23.6% APRpaid last 24h +0.043%
Price spread now: Aftermath Perps against BloFin+1.481%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aftermath Perps is 1.481% dearer against BloFin than usual: you sell high and buy low: +$148 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.045870.0078pay 0.0039% / 4h2h 54m$544K$65K50x
ShortAftermath Perps CHIPUSD0.046550.0294get 0.0037% / 1h54m 33s$118$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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
$45.23
Price spread: +1.481% → 0.000%
$148.13
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$172.36
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: BloFin: live order book, 12 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 12 min ago1.07 bp19.4 bp −$1962.0 bp −$620doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1319%1h0.04662+1.635%$16K$251K50xas long as short
Backpack CHIP_USDC_PERP−0.0967%1h0.04590+0.065%$14K$222K5xas long as short
Phoenix CHIP−0.0172%1h0.04655+1.482%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0020%4h0.04599+0.262%$1.9M$9.0M20xas long as short
Nado CHIP-PERP−0.0020%1h0.04598+0.240%$231K$19K5xas long as short
BloFin CHIP-USDTlong+0.0078%4h0.04587long leg$544K$65K50x
Lighter CHIP+0.0096%1h0.04598+0.240%$85K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04606+0.410%$14.4M$6.4M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04591+0.087%$48K$254K5xas long as short
Pacifica CHIP+0.0100%1h0.04598+0.246%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04590+0.065%$13.8M$26.2M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04596+0.196%$10.7M$8.7M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04596+0.196%$674K$908K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04590+0.065%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04593+0.131%$963K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04600+0.283%$1.9M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04592+0.109%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04631+0.954%$870K$458Kas long as short
SunX CHIP-USDT+0.0100%4h0.04585−0.044%$592$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04589+0.053%$213K$1.9M5xas long as short
Aftermath Perps CHIPUSDshort+0.0294%1h0.04655+1.481%$118$38K5x
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04715+2.782%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1297%1h0.04596+0.201%$10K$24K10xas long as short