CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0820%/8h= −89.8% APRnext payment −$1.03 per $10,000 · paid last 24h −0.242%

Price spread now: Pacifica against Coinbase International−1.767%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 Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Pacifica is 1.767% cheaper against Coinbase International than usual: you would sell low and buy high (−$177 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	0.04839	0.0920	pay 0.0115% / 1h	24m 24s	$46K	$37K	50x
Short	Pacifica CHIP	0.04754	0.0100	get 0.0013% / 1h	24m 24s	$16K	$4K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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 Coinbase InternationalbpFee PacificabpOrdersPrice spread, now −1.767%Rate

Funding earned: −$172.2
Price spread: −1.767% → 0.000%: −$176.68
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$366.88
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Pacifica: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Coinbase International and Pacifica: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CHIPUSDT	−0.0364%	1h	0.04767	−1.494%	$17K	$247K	50x	as long as short
Phoenix CHIP	−0.0335%	1h	0.04759	−1.659%	$3K	$125K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0175%	4h	0.04751	−1.825%	$2.1M	$9.6M	20x	as long as short
Bybit CHIPUSDT	−0.0166%	4h	0.04757	−1.701%	$10.8M	$9.0M	20x	as long as short
KuCoin CHIPUSDTM	−0.0080%	4h	0.04755	−1.742%	$998K	$1.1M	50x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0065%	1h	0.04761	−1.608%	$10K	$23K	10x	as long as short
Nado CHIP-PERP	−0.0010%	1h	0.04752	−1.794%	$241K	$18K	5x	as long as short
Aftermath Perps CHIPUSD	+0.0075%	1h	0.04767	−1.484%	$151	$35K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04756	−1.721%	$99K	$107K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04761	−1.608%	$14.7M	$5.9M	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CHIPUSDT	+0.0100%	4h	0.04752	−1.807%	$49K	$275K	5x	as long as short
Pacifica CHIPshort	+0.0100%	1h	0.04754	−1.767%	$16K	$4K	3x
Binance CHIPUSDT	+0.0100%	4h	0.04748	−1.884%	$14.2M	$27.0M	50x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04760	−1.639%	$677K	$977K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04749	−1.866%	$1.9M	$1.0M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04757	−1.701%	$2.0M	$3.4M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04750	−1.845%	—	$1.9M	—	as long as short
Backpack CHIP_USDC_PERP	+0.0100%	1h	0.04757	−1.701%	$27K	$225K	5x	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04754	−1.760%	$917K	$472K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04747	−1.907%	$624	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04755	−1.737%	$216K	$1.9M	5x	as long as short
BloFin CHIP-USDT	+0.0128%	4h	0.04756	−1.721%	$571K	$100K	50x	as long as short
Coinbase International CHIP-PERP-INTXlong	+0.0920%	1h	0.04839	long leg	$46K	$37K	50x