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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0840%/8h= +92.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.252%
Price spread now: Coinbase International against Extended+0.636%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 0.636% dearer against Extended than usual: you sell high and buy low: +$64 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.04607−0.0016get 0.0002% / 1h59m 29s$210K$1.3M5x
ShortCoinbase International CHIP-PERP-INTX0.046360.0824get 0.0103% / 1h59m 29s$45K$40K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$176.4
Price spread: +0.636% → 0.000%
$63.63
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$225.03
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 4 min ago; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago3.26 bp32.7 bp −$33232.2 bp −$2,322doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.1219%1h0.04613+0.139%$15K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04609+0.052%$3K$139K5xas long as short
Nado CHIP-PERP−0.0166%1h0.04611+0.085%$231K$18K5xas long as short
Aftermath Perps CHIPUSD−0.0118%1h0.04613+0.142%$113$39K5xas long as short
OKX CHIP-USDT-SWAP−0.0112%4h0.04613+0.139%$1.9M$9.1M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0075%1h0.04614+0.159%$10K$25K10xas long as short
BloFin CHIP-USDT−0.0060%4h0.04612+0.117%$541K$67K50xas long as short
ApeX Omni CHIPUSDT−0.0051%1h0.04610+0.074%$14K$247K50xas long as short
Extended CHIP-USDlong−0.0016%1h0.04607long leg$210K$1.3M5x
MEXC CHIP_USDT−0.0012%4h0.04609+0.052%$1.8M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT−0.0009%4h0.04613+0.139%$13.9M$26.0M50xas long as short
Bybit CHIPUSDT+0.0067%4h0.04616+0.204%$10.8M$8.9M20xas long as short
Lighter CHIP+0.0096%1h0.04612+0.117%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04619+0.269%$14.5M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04612+0.116%$49K$231K5xas long as short
Pacifica CHIP+0.0100%1h0.04611+0.096%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04612+0.117%$681K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04611+0.096%$986K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04612+0.117%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04614+0.161%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04609+0.061%$849K$453Kas long as short
SunX CHIP-USDT+0.0100%4h0.04612+0.117%$695$1.1M10xas long as short
Coinbase International CHIP-PERP-INTXshort+0.0824%1h0.04636+0.636%$45K$40K50x