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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.019%
Price spread now: Aster against Hyperliquid−0.133%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.153%−$15 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.133%, 7d avg −0.147%
Together, before fees−0.227%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.147%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CHIP0.047720.0100pay 0.0013% / 1h8m 45s$14.8M$6.2M3x
ShortAster CHIPUSDT0.04765−0.0019pay 0.0009% / 4h8m 45s$56K$279K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
−$24.9
Price spread: −0.133% → −0.147%
$1.41
Slippage, 4 orders
−$86.94
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$127.44
Costs to cover
1.039%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Aster: live order book, 48 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 Hyperliquid live order book, 4 min ago1.26 bp16.4 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 48 min ago8.49 bp29.4 bp −$29doesn'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
Phoenix CHIP−0.0510%1h0.04765−0.143%$3K$129K5xas long as short
Backpack CHIP_USDC_PERP−0.0414%1h0.04764−0.163%$34K$251K5xas long as short
ApeX Omni CHIPUSDT−0.0328%1h0.04758−0.289%$16K$244K50xas long as short
OKX CHIP-USDT-SWAP−0.0326%4h0.04760−0.247%$2.1M$9.8M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0275%1h0.04762−0.203%$10K$24K10xas long as short
Bybit CHIPUSDT−0.0273%4h0.04766−0.122%$11.0M$9.1M20xas long as short
Nado CHIP-PERP−0.0125%1h0.04756−0.321%$241K$20K5xas long as short
Aster CHIPUSDTshort−0.0019%4h0.04765−0.133%$56K$279K5x
BloFin CHIP-USDT+0.0018%4h0.04760−0.247%$567K$65K50xas long as short
Extended CHIP-USD+0.0072%1h0.04759−0.265%$217K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT+0.0074%4h0.04761−0.226%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0076%4h0.04761−0.226%$14.4M$26.9M50xas long as short
Lighter CHIP+0.0096%1h0.04764−0.163%$97K$117K3xas long as short
Hyperliquid CHIPlong+0.0100%1h0.04772long leg$14.8M$6.2M3x
Pacifica CHIP+0.0100%1h0.04763−0.189%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04761−0.226%$691K$985K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04762−0.205%$991K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04762−0.205%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04762−0.205%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04765−0.140%$848K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04756−0.331%$861$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0185%1h0.04760−0.243%$84$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+1.739%$47K$41K50xas long as short