CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0173%/8h= +18.9% APRnext payment +$0.86 per $10,000 · paid last 24h +0.015%

Price spread now: Bitget against Bybit+0.022%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$950.953% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 7 days−0.081%−$8 · spread now +0.022%, 7d avg −0.002%

Together, before fees+0.040%+$4 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 Bitget is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CHIPUSDT	0.04578	−0.0073	get 0.0036% / 4h	1h 41m	$10.7M	$8.9M	20x
Short	Bitget CHIPUSDT	0.04579	0.0100	get 0.0050% / 4h	1h 41m	$2.0M	$3.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now +0.022%Rate

Funding earned: $36.26
Price spread: +0.022% → −0.002%: $2.35
Slippage, 4 orders: −$72.25
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$56.63
Costs to cover: 0.953%
Break-even: 17.9 days

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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 Bybit live order book, 2 min ago	1.09 bp	28.0 bp −$28	124.5 bp −$1,245	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.18 bp	13.0 bp −$13	55.2 bp −$552	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	−0.1270%	1h	0.04574	−0.087%	$16K	$234K	5x	as long as short
Phoenix CHIP	−0.0352%	1h	0.04581	+0.066%	$3K	$143K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0237%	4h	0.04576	−0.044%	$1.9M	$9.1M	20x	as long as short
Aftermath Perps CHIPUSD	−0.0208%	1h	0.04582	+0.095%	$110	$39K	5x	as long as short
Nado CHIP-PERP	−0.0176%	1h	0.04579	+0.022%	$229K	$18K	5x	as long as short
Extended CHIP-USD	−0.0120%	1h	0.04578	−0.009%	$209K	$1.3M	5x	as long as short
MEXC CHIP_USDT	−0.0120%	4h	0.04573	−0.109%	$1.8M	$1.2M	50x	as long as short
Binance CHIPUSDT	−0.0118%	4h	0.04573	−0.109%	$13.8M	$25.9M	50x	as long as short
BloFin CHIP-USDT	−0.0102%	4h	0.04577	−0.022%	$539K	$67K	50x	as long as short
Bybit CHIPUSDTlong	−0.0073%	4h	0.04578	long leg	$10.7M	$8.9M	20x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CHIPUSDT	−0.0006%	1h	0.04584	+0.131%	$14K	$248K	50x	as long as short
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04582	+0.076%	$10K	$25K	10x	as long as short
Aster CHIPUSDT	+0.0038%	4h	0.04583	+0.106%	$47K	$229K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04581	+0.066%	$85K	$109K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04582	+0.098%	$14.4M	$6.8M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04581	+0.057%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04582	+0.087%	$678K	$902K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04580	+0.044%	$979K	$1.0M	50x	as long as short
Bitget CHIPUSDTshort	+0.0100%	4h	0.04579	+0.022%	$2.0M	$3.1M	50x
BingX CHIP-USDT	+0.0100%	4h	0.04575	−0.066%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04585	+0.154%	$844K	$472K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04577	−0.022%	$1K	$1.1M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0824%	1h	0.04757	+3.899%	$46K	$41K	50x	as long as short