Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: Hyperliquid against Extended+0.303%7-day average +0.246% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.303%, 7d avg +0.246%
=Together, before fees+0.105%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$10 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: Hyperliquid is 0.057% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.246%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04642 | 0.0104 | pay 0.0013% / 1h | 51m 47s | $216K | $1.9M | 5x |
| Short | Hyperliquid CHIP | 0.04656 | 0.0100 | get 0.0013% / 1h | 51m 47s | $14.6M | $6.4M | 3x |
Extended CHIP-USD
Hyperliquid CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.303% → +0.246%
- $5.71
- Slippage, 4 orders
- −$86.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$95.86
- Costs to cover
- 1.007%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Hyperliquid: live order book, 11 min ago.
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 Extended live order book, 2 min ago | 3.47 bp | 28.2 bp −$28 | 212.4 bp −$2,124 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.11 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.1319% | 1h | 0.04662 | +0.435% | $16K | $251K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0396% | 1h | 0.04643 | +0.026% | $14K | $219K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04612 | −0.642% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0016% | 1h | 0.04641 | −0.007% | $234K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0011% | 4h | 0.04649 | +0.155% | $1.9M | $9.2M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0080% | 4h | 0.04613 | −0.621% | $556K | $63K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04647 | +0.112% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIPshort | +0.0100% | 1h | 0.04656 | +0.303% | $14.6M | $6.4M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04641 | −0.016% | $48K | $255K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04636 | −0.130% | $13K | $628 | 3x | as long as short |
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04646 | +0.090% | $14.0M | $26.2M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04647 | +0.112% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04635 | −0.147% | $684K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04643 | +0.026% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04639 | −0.061% | $975K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04644 | +0.047% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04645 | +0.069% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04631 | −0.238% | $870K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04615 | −0.578% | $708 | $1.1M | 10x | as long as short |
| Extended CHIP-USDlong | +0.0104% | 1h | 0.04642 | long leg | $216K | $1.9M | 5x | |
| Aftermath Perps CHIPUSD | +0.0288% | 1h | 0.04638 | −0.087% | $118 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.568% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1236% | 1h | 0.04649 | +0.148% | $10K | $24K | 10x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL