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−0.0254%/8h= −27.8% APRpaid last 24h +0.041%
Price spread now: Nado against Gate−0.118%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.180%+$18 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.118%, 7d avg −0.102%
Together, before fees+0.149%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.102%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.180%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CHIP_USDT0.046490.0100pay 0.0050% / 4h3h 21m$688K$908K50x
ShortNado CHIP-PERP0.04643−0.0154pay 0.0019% / 1h21m 03s$232K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
−$53.38
Price spread: −0.118% → −0.102%
−$1.62
Slippage, 4 orders
−$97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$174
Costs to cover
1.190%
Break-even
never at this rate
Slippage from Gate: live order book, 51 min ago; Nado: live order book, 51 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 Gate live order book, 51 min ago5.39 bp43.7 bp −$44255.0 bp −$2,550doesn't fitdoesn't fit
Sell Nado live order book, 51 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−0.1012%1h0.04641−0.172%$14K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0312%1h0.04651+0.043%$17K$249K50xas long as short
Phoenix CHIP−0.0172%1h0.04653+0.086%$3K$140K5xas long as short
Nado CHIP-PERPshort−0.0154%1h0.04643−0.118%$232K$18K5x
OKX CHIP-USDT-SWAP−0.0021%4h0.04640−0.194%$1.9M$9.1M20xas long as short
BloFin CHIP-USDT+0.0064%4h0.04639−0.215%$546K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04644−0.108%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04650+0.013%$14.6M$6.5M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04647−0.045%$48K$237K5xas long as short
Pacifica CHIP+0.0100%1h0.04649−0.006%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04639−0.212%$14.0M$26.0M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04643−0.129%$10.8M$8.7M20xas long as short
Gate CHIP_USDTlong+0.0100%4h0.04649long leg$688K$908K50x
MEXC CHIP_USDT+0.0100%4h0.04640−0.194%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04646−0.065%$972K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04644−0.108%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04640−0.194%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04642−0.156%$872K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04640−0.194%$699$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04638−0.227%$211K$2.0M5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0224%1h0.04648−0.022%$10K$24K10xas long as short
Aftermath Perps CHIPUSD+0.0336%1h0.04646−0.061%$196$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04664+0.320%$45K$40K50xas long as short