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

CHIP

all CHIP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −2.9% APRnext payment $0.13 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against BloFin+0.150%85s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.150%, 7d avg +0.049%
Together, before fees−0.375%−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.100% dearer against BloFin than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.049%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (0.000% in total) that is about years. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.046750.0127pay 0.0063% / 4h2h 43m$561K$64K50x
ShortBitget CHIPUSDT0.046820.0100get 0.0050% / 4h2h 43m$2.0M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$5.65
Price spread: +0.150% → +0.049%
$10.05
Slippage, 4 orders
−$56.59
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$76.19
Costs to cover
0.806%
Break-even
never at this rate
Slippage from BloFin: live order book, 47 min ago; Bitget: live order book, 4 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 BloFin live order book, 47 min ago3.19 bp17.1 bp −$1758.8 bp −$588doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.37 bp18.9 bp −$1962.9 bp −$629doesn'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
Bybit CHIPUSDT−0.0492%4h0.04685+0.214%$10.6M$9.1M20xas long as short
ApeX Omni CHIPUSDT−0.0294%1h0.04657−0.385%$16K$245K50xas long as short
OKX CHIP-USDT-SWAP−0.0231%4h0.04678+0.064%$2.0M$9.6M20xas long as short
Phoenix CHIP−0.0171%1h0.04659−0.342%$3K$129K5xas long as short
Nado CHIP-PERP−0.0016%1h0.04700+0.524%$238K$18K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04701+0.556%$9K$24K10xas long as short
KuCoin CHIPUSDTM+0.0036%4h0.04694+0.406%$981K$1.1M50xas long as short
Lighter CHIP+0.0096%1h0.04684+0.193%$97K$113K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04689+0.306%$14.5M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04687+0.251%$56K$279K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04700+0.535%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04680+0.107%$14.1M$27.0M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04693+0.385%$673K$965K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04687+0.257%$1.8M$1.2M50xas long as short
Bitget CHIPUSDTshort+0.0100%4h0.04682+0.150%$2.0M$3.4M50x
BingX CHIP-USDT+0.0100%4h0.04680+0.107%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04656−0.402%$819K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04698+0.492%$607$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04686+0.241%$213K$1.0M5xas long as short
BloFin CHIP-USDTlong+0.0127%4h0.04675long leg$561K$64K50x
Aftermath Perps CHIPUSD+0.0135%1h0.04671−0.080%$80$37K5xas long as short
Backpack CHIP_USDC_PERP+0.0435%1h0.04698+0.492%$35K$233K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04717+0.903%$45K$37K50xas long as short