CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.049%

Price spread now: Aftermath Perps against Lighter−0.062%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.062% cheaper against Lighter than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CHIP	0.04694	0.0096	pay 0.0012% / 1h	33m 03s	$96K	$114K	3x
Short	Aftermath Perps CHIPUSD	0.04691	0.0149	get 0.0019% / 1h	33m 03s	$129	$37K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.062%Rate

Funding earned: $11.06
Price spread: −0.062% → 0.000%: −$6.15
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$4.09
Costs to cover: 0.090%
Break-even: 9.6 days

Slippage unknown: Lighter: live order book, 1 min ago; Aftermath Perps: 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 Lighter live order book, 1 min ago	9.60 bp	21.0 bp −$21	120.2 bp −$1,202	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
Bybit CHIPUSDT	−0.0651%	4h	0.04689	−0.107%	$10.7M	$9.1M	20x	as long as short
Backpack CHIP_USDC_PERP	−0.0440%	1h	0.04692	−0.043%	$34K	$229K	5x	as long as short
Phoenix CHIP	−0.0338%	1h	0.04685	−0.192%	$3K	$137K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0326%	4h	0.04688	−0.128%	$2.0M	$9.7M	20x	as long as short
ApeX Omni CHIPUSDT	−0.0175%	1h	0.04691	−0.064%	$16K	$244K	50x	as long as short
Gate CHIP_USDT	−0.0172%	4h	0.04689	−0.107%	$681K	$980K	50x	as long as short
Nado CHIP-PERP	−0.0045%	1h	0.04687	−0.149%	$237K	$19K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04693	−0.021%	$9K	$24K	10x	as long as short
Aster CHIPUSDT	+0.0049%	4h	0.04696	+0.041%	$56K	$279K	5x	as long as short
BloFin CHIP-USDT	+0.0061%	4h	0.04686	−0.170%	$563K	$65K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CHIPUSDTM	+0.0070%	4h	0.04689	−0.107%	$971K	$1.1M	50x	as long as short
Lighter CHIPlong	+0.0096%	1h	0.04694	long leg	$96K	$114K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04699	+0.098%	$14.5M	$6.2M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04685	−0.183%	$16K	$3K	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04689	−0.102%	$14.2M	$27.0M	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04690	−0.085%	$1.7M	$1.2M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04689	−0.107%	$2.0M	$3.4M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04688	−0.128%	—	$2.0M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04683	−0.230%	$829K	$529K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04684	−0.213%	$778	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04688	−0.124%	$213K	$1.9M	5x	as long as short
Aftermath Perps CHIPUSDshort	+0.0149%	1h	0.04691	−0.062%	$129	$37K	5x
Coinbase International CHIP-PERP-INTX	+0.0744%	1h	0.04765	+1.513%	$46K	$37K	50x	as long as short