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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0127%/8h= −13.9% APRpaid last 24h +0.001%
Price spread now: OKX against Extended+0.032%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.032%, 7d avg +0.044%
Together, before fees−0.110%+ Points / potential airdropExtended: Active · farm board−$11 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.046280.0104pay 0.0013% / 1h18m 30s$211K$1.9M5x
ShortOKX CHIP-USDT-SWAP0.04629−0.0023pay 0.0011% / 4h3h 18m$1.9M$9.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$26.6
Price spread: +0.032% → +0.044%
−$1.2
Slippage, 4 orders
−$100.6
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$143.41
Costs to cover
1.156%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; OKX: live order book, 5 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 ago4.62 bp37.7 bp −$38266.4 bp −$2,664doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.22 bp25.0 bp −$25174.1 bp −$1,741doesn'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−0.1004%1h0.04644+0.356%$14K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0301%1h0.04647+0.421%$17K$249K50xas long as short
Phoenix CHIP−0.0172%1h0.04641+0.292%$3K$140K5xas long as short
Nado CHIP-PERP−0.0147%1h0.04630+0.043%$232K$18K5xas long as short
OKX CHIP-USDT-SWAPshort−0.0023%4h0.04629+0.032%$1.9M$9.0M20x
Lighter CHIP+0.0096%1h0.04635+0.162%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04639+0.240%$14.5M$6.5M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04637+0.211%$48K$237K5xas long as short
Pacifica CHIP+0.0100%1h0.04630+0.063%$13K$6283xas long as short
Binance CHIPUSDT+0.0100%4h0.04626−0.033%$13.9M$26.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT+0.0100%4h0.04628+0.011%$10.8M$8.7M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04636+0.184%$686K$908K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04628+0.011%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04634+0.140%$969K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04630+0.054%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04627−0.011%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04642+0.307%$872K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04650+0.486%$931$1.1M10xas long as short
Extended CHIP-USDlong+0.0104%1h0.04628long leg$211K$1.9M5x
BloFin CHIP-USDT+0.0117%4h0.04651+0.508%$547K$65K50xas long as short
Aftermath Perps CHIPUSD+0.0337%1h0.04646+0.402%$196$38K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0717%1h0.04659+0.672%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04664+0.786%$45K$40K50xas long as short