Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.007%
Price spread now: Variational Omni against Extended+0.006%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.447%+$45 · spread now +0.006%, 7d avg +0.091%
=Together, before fees+0.449%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.085% cheaper against Extended than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.091%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.003% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CHIP-USD | 0.04613 | −0.0016 | get 0.0002% / 1h | 1m 03s | $210K | $1.3M | 5x |
| Short | Variational Omni CHIP | 0.04613 | 0.0100 | get 0.0050% / 4h | 1h 01m | $849K | $453K | — |
Extended CHIP-USD
Variational Omni CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $24.36
- Price spread: +0.006% → +0.091%
- −$8.51
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $10.85
- Costs to cover
- 0.050%
- Break-even
- 3.9 days
Slippage unknown: Extended: live order book, 2 min ago; Variational Omni: RFQ quote, 18 min ago. Net counts fees only.
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 | 3.26 bp | 32.7 bp −$33 | 232.2 bp −$2,322 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 18 min ago | 4.34 bp | doesn't fit | 132.5 bp −$1,325 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1231% | 1h | 0.04615 | +0.052% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04609 | −0.078% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERP | −0.0146% | 1h | 0.04608 | −0.099% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0122% | 4h | 0.04615 | +0.052% | $1.9M | $9.2M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0118% | 1h | 0.04613 | −0.001% | $113 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0060% | 4h | 0.04612 | −0.013% | $541K | $67K | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0051% | 1h | 0.04610 | −0.056% | $14K | $247K | 50x | as long as short |
| Binance CHIPUSDT | −0.0017% | 4h | 0.04613 | +0.013% | $13.8M | $26.0M | 50x | as long as short |
| Extended CHIP-USDlong | −0.0016% | 1h | 0.04613 | long leg | $210K | $1.3M | 5x | |
| MEXC CHIP_USDT | −0.0016% | 4h | 0.04613 | +0.009% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04614 | +0.039% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0057% | 4h | 0.04614 | +0.031% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04611 | −0.034% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04620 | +0.154% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.009% | $49K | $231K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04610 | −0.056% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04609 | −0.078% | $680K | $911K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04612 | −0.013% | $988K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.009% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04613 | +0.009% | — | $1.9M | — | as long as short |
| Variational Omni CHIPshort | +0.0100% | 4h | 0.04613 | +0.006% | $849K | $453K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04607 | −0.121% | $672 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.505% | $45K | $40K | 50x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX