CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: BingX against Lighter−0.022%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$790.787% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.022%, 7d avg −0.011%

Together, before fees+0.113%+ Points / potential airdropLighter: Season 3 · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CHIP	0.04616	0.0096	pay 0.0012% / 1h	58m 54s	$86K	$108K	3x
Short	BingX CHIP-USDT	0.04615	0.0100	get 0.0050% / 4h	58m 54s	—	$1.9M	—

Funding history

latest

Range statsloading…

BingX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee BingXbpOrdersPrice spread, now −0.022%Rate

Slippage from Lighter: live order book, 1 min ago; BingX: live order book, 13 min ago.

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	10.83 bp	21.1 bp −$21	118.7 bp −$1,187	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	4.34 bp	18.3 bp −$18	64.7 bp −$647	728.0 bp −$72.8K	doesn't fit

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	−0.0896%	1h	0.04615	−0.022%	$15K	$234K	5x	as long as short
Phoenix CHIP	−0.0352%	1h	0.04609	−0.152%	$3K	$139K	5x	as long as short
Nado CHIP-PERP	−0.0166%	1h	0.04611	−0.119%	$231K	$18K	5x	as long as short
Aftermath Perps CHIPUSD	−0.0118%	1h	0.04613	−0.062%	$113	$39K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0112%	4h	0.04615	−0.022%	$1.9M	$9.1M	20x	as long as short
ApeX Omni CHIPUSDT	−0.0051%	1h	0.04610	−0.130%	$14K	$247K	50x	as long as short
BloFin CHIP-USDT	−0.0042%	4h	0.04615	−0.022%	$543K	$68K	50x	as long as short
MEXC CHIP_USDT	−0.0012%	4h	0.04615	−0.022%	$1.8M	$1.1M	50x	as long as short
Binance CHIPUSDT	−0.0009%	4h	0.04614	−0.036%	$13.9M	$26.0M	50x	as long as short
Extended CHIP-USD	−0.0008%	1h	0.04614	−0.052%	$210K	$1.3M	5x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit CHIP_USDC-PERPETUAL	+0.0053%	1h	0.04620	+0.084%	$10K	$25K	10x	as long as short
Bybit CHIPUSDT	+0.0067%	4h	0.04616	0.000%	$10.7M	$8.9M	20x	as long as short
Lighter CHIPlong	+0.0096%	1h	0.04616	long leg	$86K	$108K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04620	+0.080%	$14.5M	$6.8M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04616	+0.002%	$49K	$231K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04611	−0.108%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04614	−0.043%	$681K	$903K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04615	−0.022%	$987K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04616	0.000%	$2.0M	$3.1M	50x	as long as short
BingX CHIP-USDTshort	+0.0100%	4h	0.04615	−0.022%	—	$1.9M	—
Variational Omni CHIP	+0.0100%	4h	0.04609	−0.143%	$849K	$453K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04612	−0.087%	$695	$1.1M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0840%	1h	0.04636	+0.431%	$45K	$40K	50x	as long as short