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+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h +0.051%
Price spread now: Nado against Extended+0.063%51s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1021.019% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.187%+$19 on $10k
Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.063%, 7d avg +0.044%
Together, before fees+0.191%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.046460.0104pay 0.0013% / 1h8m 36s$211K$1.3M5x
ShortNado CHIP-PERP0.046490.0138get 0.0017% / 1h8m 36s$232K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$7.16
Price spread: +0.063% → +0.044%
$1.9
Slippage, 4 orders
−$89.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$92.88
Costs to cover
1.019%
Break-even
97.8 days
Slippage from Extended: live order book, 5 min ago; Nado: live order book, 4 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, 5 min ago3.56 bp36.3 bp −$36219.7 bp −$2,197doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago5.05 bp19.3 bp −$19doesn't fitdoesn'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−0.1367%1h0.04649+0.063%$15K$236K5xas long as short
Phoenix CHIP−0.0173%1h0.04647+0.020%$3K$140K5xas long as short
ApeX Omni CHIPUSDT−0.0118%1h0.04647+0.020%$14K$248K50xas long as short
OKX CHIP-USDT-SWAP−0.0066%4h0.04646−0.002%$1.9M$9.2M20xas long as short
Bybit CHIPUSDT+0.0033%4h0.04651+0.106%$10.8M$8.9M20xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0051%1h0.04654+0.170%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0070%4h0.04649+0.063%$549K$66K50xas long as short
Lighter CHIP+0.0096%1h0.04651+0.106%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04663+0.360%$14.7M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04647+0.025%$47K$241K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04652+0.119%$13K$6283xas long as short
Binance CHIPUSDT+0.0100%4h0.04649+0.063%$14.0M$26.2M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04646−0.002%$686K$914K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04647+0.020%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04651+0.106%$981K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04650+0.084%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04650+0.084%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04640−0.124%$869K$468Kas long as short
SunX CHIP-USDT+0.0100%4h0.04646−0.002%$824$1.1M10xas long as short
Extended CHIP-USDlong+0.0104%1h0.04646long leg$211K$1.3M5x
Nado CHIP-PERPshort+0.0138%1h0.04649+0.063%$232K$18K5x
Aftermath Perps CHIPUSD+0.0229%1h0.04656+0.214%$120$39K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04715+1.487%$45K$40K50xas long as short