Funding you earn now, next payment 22:00 UTC+0.0175%/8h= +19.1% APRpaid last 24h −0.003%
Price spread now: Lighter against BloFin+0.066%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)−0.788%−$79 · spread now +0.066%, 7d avg +0.004%
=Together, before fees−0.858%+ Points / potential airdropLighter: Season 3 · farm board−$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.062% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04531 | −0.0079 | get 0.0039% / 4h | 2h 02m | $538K | $65K | 50x |
| Short | Lighter CHIP | 0.04534 | 0.0096 | get 0.0012% / 1h | 2m 42s | $84K | $110K | 3x |
BloFin CHIP-USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $36.66
- Price spread: +0.066% → +0.004%
- $6.2
- Slippage, 4 orders
- −$68.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.37
- Costs to cover
- 0.802%
- Break-even
- 14.1 days
Slippage from BloFin: live order book, 18 min ago; Lighter: live order book, 10 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 18 min ago | 3.26 bp | 22.3 bp −$22 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 11.99 bp | 15.2 bp −$15 | 115.1 bp −$1,151 | doesn't fit | doesn't fit |
CHIP on 23 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0769% | 1h | 0.04534 | +0.066% | $15K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0660% | 1h | 0.04575 | +0.971% | $14K | $249K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0338% | 4h | 0.04535 | +0.088% | $10.6M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0298% | 4h | 0.04536 | +0.110% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0179% | 1h | 0.04528 | −0.066% | $227K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04571 | +0.883% | $3K | $143K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0146% | 1h | 0.04539 | +0.172% | $9K | $25K | 10x | as long as short |
| Binance CHIPUSDT | −0.0138% | 4h | 0.04534 | +0.066% | $13.7M | $26.0M | 50x | as long as short |
| Extended CHIP-USD | −0.0136% | 1h | 0.04535 | +0.087% | $206K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0136% | 4h | 0.04533 | +0.044% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
Binance CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps CHIPUSD | −0.0096% | 1h | 0.04571 | +0.889% | $194 | $39K | 5x | as long as short |
| BloFin CHIP-USDTlong | −0.0079% | 4h | 0.04531 | long leg | $538K | $65K | 50x | |
| Aster CHIPUSDT | −0.0016% | 4h | 0.04541 | +0.221% | $46K | $228K | 5x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04534 | +0.066% | $84K | $110K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04539 | +0.188% | $14.3M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04535 | +0.099% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04536 | +0.110% | $673K | $910K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04532 | +0.022% | $969K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04536 | +0.110% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04535 | +0.088% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04584 | +1.176% | $835K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04532 | +0.022% | $837 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +4.977% | $46K | $41K | 50x | as long as short |
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX