Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Gate−0.193%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.193%, 7d avg −0.074%
=Together, before fees−0.058%+ Points / potential airdropLighter: Season 3 · farm board−$6 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: Lighter is 0.119% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04658 | 0.0100 | pay 0.0050% / 4h | 12m 05s | $688K | $914K | 50x |
| Short | Lighter CHIP | 0.04649 | 0.0096 | get 0.0012% / 1h | 12m 05s | $86K | $108K | 3x |
Gate CHIP_USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: −0.193% → −0.074%
- −$11.92
- Slippage, 4 orders
- −$106.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$134.16
- Costs to cover
- 1.214%
- Break-even
- never at this rate
Slippage from Gate: live order book, 65 min ago; Lighter: live order book, 47 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 Gate live order book, 65 min ago | 7.59 bp | 38.2 bp −$38 | 236.2 bp −$2,362 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 47 min ago | 10.83 bp | 19.4 bp −$19 | 119.5 bp −$1,195 | 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 | −0.1374% | 1h | 0.04648 | −0.215% | $15K | $236K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04653 | −0.107% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0119% | 1h | 0.04661 | +0.064% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0071% | 4h | 0.04645 | −0.279% | $1.9M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04651 | −0.152% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0023% | 4h | 0.04649 | −0.193% | $10.8M | $8.9M | 20x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04649 | −0.193% | $86K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04661 | +0.069% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04647 | −0.236% | $48K | $240K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04651 | −0.157% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Hyperliquid 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 | 0.04645 | −0.279% | $14.0M | $26.2M | 50x | as long as short |
| Gate CHIP_USDTlong | +0.0100% | 4h | 0.04658 | long leg | $688K | $914K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04644 | −0.301% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04656 | −0.043% | $982K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04646 | −0.258% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04647 | −0.236% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | +0.082% | $874K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04643 | −0.322% | $688 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04645 | −0.287% | $211K | $1.3M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0113% | 4h | 0.04644 | −0.301% | $548K | $66K | 50x | as long as short |
| Nado CHIP-PERP | +0.0152% | 1h | 0.04645 | −0.268% | $232K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0194% | 1h | 0.04663 | +0.117% | $86 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.228% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX