Funding you earn now, next payment 23:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.044%
Price spread now: Aftermath Perps against Deribit−0.221%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aftermath Perps is 0.221% cheaper against Deribit than usual: you would sell low and buy high (−$22 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 | Deribit CHIP_USDC-PERPETUAL | 0.04565 | 0.0057 | pay 0.0007% / 1h | 56m 34s | $9K | $25K | 10x |
| Short | Aftermath Perps CHIPUSD | 0.04555 | −0.0155 | pay 0.0019% / 1h | 56m 34s | $109 | $39K | 5x |
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Deribit. 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
- −$44.49
- Price spread: −0.221% → 0.000%
- −$22.14
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$82.63
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Aftermath Perps: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Deribit and Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0931% | 1h | 0.04563 | −0.048% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0656% | 1h | 0.04540 | −0.552% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0263% | 4h | 0.04568 | +0.061% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0233% | 1h | 0.04567 | +0.039% | $229K | $18K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0192% | 4h | 0.04574 | +0.193% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04548 | −0.377% | $3K | $143K | 5x | as long as short |
| Aftermath Perps CHIPUSDshort | −0.0155% | 1h | 0.04555 | −0.221% | $109 | $39K | 5x | |
| BloFin CHIP-USDT | −0.0141% | 4h | 0.04556 | −0.202% | $544K | $65K | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04569 | +0.089% | $207K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0128% | 4h | 0.04572 | +0.149% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Bybit CHIPUSDT
Phoenix CHIP
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | −0.0126% | 4h | 0.04571 | +0.133% | $13.8M | $26.0M | 50x | as long as short |
| Aster CHIPUSDT | +0.0005% | 4h | 0.04572 | +0.151% | $47K | $228K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | +0.0057% | 1h | 0.04565 | long leg | $9K | $25K | 10x | |
| Lighter CHIP | +0.0096% | 1h | 0.04574 | +0.193% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04575 | +0.208% | $14.4M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04571 | +0.125% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04567 | +0.039% | $677K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04568 | +0.061% | $977K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04572 | +0.149% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04569 | +0.083% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04545 | −0.435% | $835K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04555 | −0.223% | $889 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +4.190% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
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