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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.084%
Price spread now: Deribit against Extended+0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.04620−0.0008get 0.0001% / 1h58m 43s$210K$1.3M5x
ShortDeribit CHIP_USDC-PERPETUAL0.046200.0053get 0.0007% / 1h58m 43s$10K$25K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$12.84
Price spread: +0.007% → 0.000%
$0.68
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$1.51
Costs to cover
0.120%
Break-even
6.2 days
Slippage unknown: Extended: live order book, 5 min ago; Deribit: 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, 5 min ago3.26 bp32.7 bp −$33232.2 bp −$2,322doesn't fitdoesn't fit
Sell Deribit no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.0896%1h0.04615−0.099%$15K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04609−0.229%$3K$139K5xas long as short
Nado CHIP-PERP−0.0166%1h0.04611−0.197%$231K$18K5xas long as short
Aftermath Perps CHIPUSD−0.0118%1h0.04613−0.140%$113$39K5xas long as short
OKX CHIP-USDT-SWAP−0.0112%4h0.04620+0.009%$1.9M$9.1M20xas long as short
ApeX Omni CHIPUSDT−0.0051%1h0.04610−0.208%$14K$247K50xas long as short
BloFin CHIP-USDT−0.0042%4h0.04615−0.099%$543K$68K50xas long as short
Binance CHIPUSDT−0.0009%4h0.04618−0.034%$13.9M$25.9M50xas long as short
Extended CHIP-USDlong−0.0008%1h0.04620long leg$210K$1.3M5x
MEXC CHIP_USDT−0.0008%4h0.04616−0.078%$1.8M$1.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUALshort+0.0053%1h0.04620+0.007%$10K$25K10x
Bybit CHIPUSDT+0.0067%4h0.04620+0.009%$10.8M$8.9M20xas long as short
Lighter CHIP+0.0096%1h0.04618−0.034%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04623+0.063%$14.5M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04619−0.022%$49K$231K5xas long as short
Pacifica CHIP+0.0100%1h0.04619−0.015%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04614−0.121%$681K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04615−0.099%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04619−0.013%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04642+0.485%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04609−0.221%$849K$453Kas long as short
SunX CHIP-USDT+0.0100%4h0.04612−0.164%$695$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04636+0.353%$45K$40K50xas long as short