Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.002%
Price spread now: Binance against Extended−0.037%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.037%, 7d avg +0.046%
Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.083% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.04601−0.0120get 0.0015% / 1h16m 36s$210K$1.3M5x
ShortBinance CHIPUSDT0.04600−0.0119pay 0.0060% / 4h2h 16m$13.9M$25.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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

Funding earned
$0.14
Price spread: −0.037% → +0.046%
−$8.34
Slippage, 4 orders
−$89.7
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.91
Costs to cover
1.047%
Break-even
5541.6 days
Slippage from Extended: live order book, 2 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago4.02 bp35.3 bp −$35243.6 bp −$2,436doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago1.08 bp15.3 bp −$1569.0 bp −$690doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL−0.0770%1h0.04603+0.045%$10K$24K10xas long as short
Backpack CHIP_USDC_PERP−0.0714%1h0.04602+0.012%$16K$234K5xas long as short
ApeX Omni CHIPUSDT−0.0590%1h0.04607+0.121%$14K$248K50xas long as short
Bybit CHIPUSDT−0.0230%4h0.04604+0.055%$10.7M$8.9M20xas long as short
OKX CHIP-USDT-SWAP−0.0203%4h0.04604+0.055%$1.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0177%1h0.04602+0.023%$230K$18K5xas long as short
Phoenix CHIP−0.0173%1h0.04605+0.077%$3K$143K5xas long as short
BloFin CHIP-USDT−0.0141%4h0.04602+0.012%$543K$66K50xas long as short
Extended CHIP-USDlong−0.0120%1h0.04601long leg$210K$1.3M5x
Binance CHIPUSDTshort−0.0119%4h0.04600−0.037%$13.9M$25.7M50x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT−0.0118%4h0.04600−0.031%$1.8M$1.2M50xas long as short
Aftermath Perps CHIPUSD−0.0094%1h0.04607+0.116%$115$39K5xas long as short
Aster CHIPUSDT−0.0015%4h0.04604+0.046%$44K$225K5xas long as short
Lighter CHIP+0.0096%1h0.04601−0.010%$85K$110K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04608+0.151%$14.8M$6.5M3xas long as short
Pacifica CHIP+0.0100%1h0.04603+0.034%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04602+0.012%$682K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04602+0.012%$984K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04607+0.121%$2.0M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04601−0.010%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04610+0.180%$840K$462Kas long as short
SunX CHIP-USDT+0.0100%4h0.04599−0.053%$622$1.0M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+3.370%$46K$41K50xas long as short