CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0427%/8h= +46.7% APRnext payment +$0.53 per $10,000 · paid last 24h −0.015%

Price spread now: Nado against Deribit−0.084%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Nado is 0.084% cheaper against Deribit than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit CHIP_USDC-PERPETUAL	0.04763	−0.0316	get 0.0040% / 1h	39m 55s	$10K	$23K	10x
Short	Nado CHIP-PERP	0.04759	0.0110	get 0.0014% / 1h	39m 55s	$241K	$18K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. 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 DeribitbpFee NadobpOrdersPrice spread, now −0.084%Rate

Funding earned: $89.57
Price spread: −0.084% → 0.000%: −$8.4
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $67.17
Costs to cover: 0.140%
Break-even: 1.8 days

Slippage unknown: Deribit: no order-book sample; Nado: live order book, 58 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 Deribit no order-book sample	—	—	—	—	—
Sell Nado live order book, 58 min ago	5.04 bp	18.9 bp −$19	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
Deribit CHIP_USDC-PERPETUALlong	−0.0316%	1h	0.04763	long leg	$10K	$23K	10x
Phoenix CHIP	−0.0167%	1h	0.04794	+0.640%	$3K	$122K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0024%	4h	0.04767	+0.073%	$2.2M	$9.5M	20x	as long as short
Aftermath Perps CHIPUSD	−0.0006%	1h	0.04810	+0.979%	$301	$35K	5x	as long as short
KuCoin CHIPUSDTM	+0.0018%	4h	0.04771	+0.157%	$1.0M	$1.2M	50x	as long as short
ApeX Omni CHIPUSDT	+0.0091%	1h	0.04830	+1.396%	$17K	$246K	50x	as long as short
Lighter CHIP	+0.0096%	1h	0.04766	+0.052%	$99K	$106K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04777	+0.275%	$14.8M	$5.9M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04773	+0.192%	$49K	$275K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04770	+0.139%	$16K	$4K	3x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CHIPUSDT	+0.0100%	4h	0.04772	+0.172%	$14.3M	$26.9M	50x	as long as short
Bybit CHIPUSDT	+0.0100%	4h	0.04773	+0.199%	$10.9M	$9.0M	20x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04770	+0.136%	$715K	$1.0M	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04770	+0.136%	$1.9M	$1.0M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04775	+0.241%	$2.0M	$3.4M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04769	+0.115%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04790	+0.561%	$924K	$472K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04757	−0.136%	$718	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04766	+0.047%	$216K	$1.7M	5x	as long as short
Nado CHIP-PERPshort	+0.0110%	1h	0.04759	−0.084%	$241K	$18K	5x
BloFin CHIP-USDT	+0.0124%	4h	0.04790	+0.556%	$577K	$117K	50x	as long as short
Backpack CHIP_USDC_PERP	+0.0157%	1h	0.04771	+0.157%	$26K	$208K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0896%	1h	0.04867	+2.173%	$47K	$38K	50x	as long as short