Funding you earn now, next payment 23:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.058%
Price spread now: Deribit against Hyperliquid0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04599 | 0.0100 | pay 0.0013% / 1h | 24m 35s | $14.5M | $6.7M | 3x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04599 | 0.0185 | get 0.0023% / 1h | 24m 35s | $10K | $25K | 10x |
Hyperliquid CHIP
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hyperliquid. 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
- $17.87
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $1.87
- Costs to cover
- 0.160%
- Break-even
- 6.3 days
Slippage unknown: Hyperliquid: live order book, 8 min ago; Deribit: no order-book sample. 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 Hyperliquid live order book, 8 min ago | 0.98 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1270% | 1h | 0.04593 | −0.126% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04587 | −0.257% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0172% | 4h | 0.04589 | −0.213% | $1.9M | $9.1M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0162% | 1h | 0.04593 | −0.133% | $110 | $39K | 5x | as long as short |
| Nado CHIP-PERP | −0.0108% | 1h | 0.04590 | −0.191% | $230K | $18K | 5x | as long as short |
| MEXC CHIP_USDT | −0.0074% | 4h | 0.04591 | −0.170% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | −0.0072% | 1h | 0.04590 | −0.199% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0070% | 4h | 0.04589 | −0.221% | $13.8M | $26.0M | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0049% | 1h | 0.04598 | −0.017% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0044% | 4h | 0.04590 | −0.191% | $539K | $67K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
Nado CHIP-PERP
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDT
ApeX Omni CHIPUSDT
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0058% | 4h | 0.04592 | −0.148% | $10.7M | $8.9M | 20x | as long as short |
| Aster CHIPUSDT | +0.0089% | 4h | 0.04594 | −0.106% | $48K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04596 | −0.061% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04599 | long leg | $14.5M | $6.7M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04594 | −0.096% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04595 | −0.083% | $677K | $904K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04594 | −0.104% | $979K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04594 | −0.104% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04591 | −0.170% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04597 | −0.041% | $846K | $455K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04591 | −0.170% | $692 | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.0185% | 1h | 0.04599 | 0.000% | $10K | $25K | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04618 | +0.424% | $45K | $39K | 50x | as long as short |
Bybit CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX