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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.007%
Price spread now: Bitget against Extended+0.051%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1051.046% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.184%+$18 · spread now +0.051%, 7d avg +0.122%
Together, before fees+0.200%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.071% cheaper against Extended than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.122%). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.016% in total) that is about 30 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.04579−0.0120get 0.0015% / 1h41m 43s$209K$1.3M5x
ShortBitget CHIPUSDT0.045810.0100get 0.0050% / 4h1h 41m$2.0M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$46.2
Price spread: +0.051% → +0.122%
−$7.1
Slippage, 4 orders
−$87.64
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.54
Costs to cover
1.046%
Break-even
16.9 days
Slippage from Extended: live order book, 2 min ago; Bitget: live order book, 1 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 ago3.83 bp41.7 bp −$42299.8 bp −$2,998doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.18 bp13.0 bp −$1355.2 bp −$552doesn'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
Backpack CHIP_USDC_PERP−0.1258%1h0.04579+0.007%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04586+0.160%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0236%4h0.04580+0.029%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSD−0.0208%1h0.04583+0.091%$110$39K5xas long as short
Nado CHIP-PERP−0.0182%1h0.04581+0.051%$229K$18K5xas long as short
BloFin CHIP-USDT−0.0133%4h0.04577−0.037%$538K$67K50xas long as short
Extended CHIP-USDlong−0.0120%1h0.04579long leg$209K$1.3M5x
MEXC CHIP_USDT−0.0120%4h0.04576−0.059%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0118%4h0.04578−0.020%$13.8M$25.9M50xas long as short
Bybit CHIPUSDT−0.0082%4h0.04581+0.051%$10.7M$9.0M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.0006%1h0.04584+0.116%$14K$248K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04585+0.147%$10K$25K10xas long as short
Aster CHIPUSDT+0.0038%4h0.04582+0.075%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04582+0.072%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04587+0.175%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04584+0.112%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04583+0.094%$678K$902K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04580+0.029%$974K$1.0M50xas long as short
Bitget CHIPUSDTshort+0.0100%4h0.04581+0.051%$2.0M$3.1M50x
BingX CHIP-USDT+0.0100%4h0.04580+0.029%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04585+0.139%$844K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.04571−0.168%$1K$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+3.883%$46K$41K50xas long as short