Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter+0.292%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1321.324% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.467%+$47 · spread now +0.292%, 7d avg +0.072%
=Together, before fees+0.511%+ Points / potential airdropLighter: Season 3 · farm board+$51 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 0.220% dearer against Lighter than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.072%.
| 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 04s | $89K | $107K | 3x |
| Short | Gate CHIP_USDT | 0.04810 | 0.0100 | get 0.0050% / 4h | 1h 20m | $710K | $950K | 50x |
Lighter CHIP
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.292% → +0.072%
- $21.97
- Slippage, 4 orders
- −$117.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.55
- Costs to cover
- 1.324%
- Break-even
- 919.9 days
Slippage from Lighter: live order book, 24 min ago; Gate: live order book, 42 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 Gate live order book, 42 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 | −0.0592% | 1h | 0.04800 | +0.083% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0576% | 4h | 0.04800 | +0.083% | $11.1M | $8.9M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0430% | 1h | 0.04798 | +0.042% | $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 | 0.04806 | +0.207% | $46K | $271K | 5x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04796 | long leg | $89K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04811 | +0.315% | $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 |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Hyperliquid CHIP
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04794 | −0.035% | $14.5M | $26.4M | 50x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04810 | +0.292% | $710K | $950K | 50x | |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04796 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04804 | +0.167% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04798 | +0.042% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04795 | −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 |
Binance CHIPUSDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Nado CHIP-PERP
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX