Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.042%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1051.053% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.625%+$63 · spread now +0.042%, 7d avg +0.040%
=Together, before fees+0.689%+ Points / potential airdropLighter: Season 3 · farm board+$69 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04796 | 0.0096 | pay 0.0012% / 1h | 20m 13s | $89K | $107K | 3x |
| Short | Bitget CHIPUSDT | 0.04798 | 0.0100 | get 0.0050% / 4h | 1h 20m | $2.0M | $3.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- $0.84
- Price spread: +0.042% → +0.040%
- $0.19
- Slippage, 4 orders
- −$93.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.31
- Costs to cover
- 1.053%
- Break-even
- 876.3 days
Slippage from Lighter: live order book, 24 min ago; Bitget: live order book, 3 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 Lighter live order book, 24 min ago | 10.52 bp | 29.6 bp −$30 | 118.5 bp −$1,185 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.28 bp | 27.7 bp −$28 | 86.6 bp −$866 | 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 | −0.0592% | 1h | 0.04800 | +0.083% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0576% | 4h | 0.04802 | +0.125% | $11.1M | $8.9M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0440% | 1h | 0.04817 | +0.438% | $26K | $237K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04798 | +0.042% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0269% | 4h | 0.04792 | −0.083% | $2.1M | $9.6M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0145% | 1h | 0.04804 | +0.156% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | −0.0033% | 4h | 0.04808 | +0.256% | $46K | $271K | 5x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04796 | long leg | $89K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04812 | +0.327% | $15.1M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04803 | +0.146% | $14K | $689 | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04793 | −0.063% | $14.5M | $26.4M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04811 | +0.313% | $710K | $950K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04795 | −0.021% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04806 | +0.209% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDTshort | +0.0100% | 4h | 0.04798 | +0.042% | $2.0M | $3.3M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04797 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04817 | +0.430% | $857K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04797 | +0.021% | $772 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04793 | −0.057% | $221K | $1.9M | 5x | as long as short |
| Nado CHIP-PERP | +0.0116% | 1h | 0.04796 | +0.010% | $242K | $19K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0125% | 4h | 0.04816 | +0.417% | $575K | $63K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0400% | 1h | 0.04805 | +0.181% | $123 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04855 | +1.226% | $47K | $42K | 50x | as long as short |
Lighter CHIP
Bitget CHIPUSDT
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX