Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Gate against Hyperliquid−0.161%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.161%, 7d avg −0.093%
=Together, before fees−0.058%+ Points / potential airdropHyperliquid: Season 2 · 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: Gate is 0.068% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04715 | 0.0100 | pay 0.0013% / 1h | 58m 41s | $14.7M | $6.2M | 3x |
| Short | Gate CHIP_USDT | 0.04707 | 0.0100 | get 0.0050% / 4h | 58m 41s | $686K | $947K | 50x |
Hyperliquid CHIP
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.161% → −0.093%
- −$6.83
- Slippage, 4 orders
- −$90.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$121.69
- Costs to cover
- 1.149%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Gate: live order book, 63 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 Hyperliquid live order book, 4 min ago | 2.33 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 3.16 bp | 36.9 bp −$37 | 251.9 bp −$2,519 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0682% | 1h | 0.04710 | −0.098% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0540% | 4h | 0.04709 | −0.119% | $10.9M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04710 | −0.098% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0316% | 4h | 0.04703 | −0.246% | $2.0M | $9.5M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0272% | 1h | 0.04713 | −0.034% | $32K | $242K | 5x | as long as short |
| Aster CHIPUSDT | −0.0087% | 4h | 0.04707 | −0.156% | $49K | $274K | 5x | as long as short |
| MEXC CHIP_USDT | +0.0070% | 4h | 0.04707 | −0.161% | $1.8M | $1.2M | 50x | as long as short |
| Extended CHIP-USD | +0.0072% | 1h | 0.04702 | −0.269% | $215K | $1.9M | 5x | as long as short |
| Binance CHIPUSDT | +0.0075% | 4h | 0.04708 | −0.140% | $14.3M | $26.6M | 50x | as long as short |
| BloFin CHIP-USDT | +0.0090% | 4h | 0.04704 | −0.225% | $571K | $63K | 50x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
Aster CHIPUSDT
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDT
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04709 | −0.119% | $87K | $107K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04715 | long leg | $14.7M | $6.2M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04710 | −0.098% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04707 | −0.161% | $686K | $947K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04707 | −0.161% | $985K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04705 | −0.204% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04704 | −0.225% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04705 | −0.213% | $838K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04703 | −0.246% | $950 | $1.0M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0132% | 1h | 0.04716 | +0.038% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | +0.0169% | 1h | 0.04703 | −0.235% | $238K | $20K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0405% | 1h | 0.04723 | +0.175% | $230 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +2.974% | $47K | $42K | 50x | as long as short |
Lighter CHIP
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX