CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0744%/8h= −81.5% APRnext payment −$0.93 per $10,000 · paid last 24h −0.255%

Price spread now: Extended against Coinbase International−1.269%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Extended is 1.269% cheaper against Coinbase International than usual: you would sell low and buy high (−$127 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International CHIP-PERP-INTX	0.04715	0.0848	pay 0.0106% / 1h	32m 38s	$45K	$40K	50x
Short	Extended CHIP-USD	0.04655	0.0104	get 0.0013% / 1h	32m 38s	$211K	$1.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee ExtendedbpOrdersPrice spread, now −1.269%Rate

Funding earned: −$156.24
Price spread: −1.269% → 0.000%: −$126.86
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$298.1
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 1 min ago. Net counts fees only.

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 Coinbase International no order-book sample	—	—	—	—	—
Sell Extended live order book, 1 min ago	3.56 bp	28.5 bp −$28	216.0 bp −$2,160	doesn't fit	doesn't fit

Coinbase International: 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 22 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	−0.1175%	1h	0.04645	−1.476%	$15K	$218K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0342%	1h	0.04654	−1.285%	$16K	$250K	50x	as long as short
Phoenix CHIP	−0.0172%	1h	0.04623	−1.943%	$3K	$129K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0026%	4h	0.04666	−1.031%	$1.9M	$9.2M	20x	as long as short
Nado CHIP-PERP	−0.0008%	1h	0.04645	−1.476%	$234K	$19K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04667	−1.010%	$87K	$108K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04672	−0.910%	$14.6M	$6.2M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04656	−1.246%	$38K	$254K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04663	−1.097%	$13K	$628	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04665	−1.052%	$14.0M	$26.1M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CHIPUSDT	+0.0100%	4h	0.04661	−1.137%	$10.9M	$8.7M	20x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04652	−1.328%	$688K	$951K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04663	−1.094%	$1.8M	$1.1M	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04659	−1.179%	$978K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04665	−1.052%	$1.9M	$3.2M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04658	−1.201%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04651	−1.354%	$874K	$459K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04653	−1.307%	$872	$1.0M	10x	as long as short
Extended CHIP-USDshort	+0.0104%	1h	0.04655	−1.269%	$211K	$1.9M	5x
Aftermath Perps CHIPUSD	+0.0401%	1h	0.04647	−1.423%	$164	$38K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0417%	1h	0.04649	−1.396%	$10K	$24K	10x	as long as short
Coinbase International CHIP-PERP-INTXlong	+0.0848%	1h	0.04715	long leg	$45K	$40K	50x