CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%

Price spread now: KuCoin against Lighter+0.022%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$204as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$1891.895% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.148%−$15 on $10k

Price spread, last 4 days (all we have)+0.357%+$36 · spread now +0.022%, 7d avg +0.034%

Together, before fees+0.210%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CHIP	0.04535	0.0096	pay 0.0012% / 1h	1m 51s	$84K	$110K	3x
Short	KuCoin CHIPUSDTM	0.04536	0.0100	get 0.0050% / 4h	2h 01m	$970K	$1.1M	50x

Funding history

latest

Range statsloading…

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.022%Rate

Slippage from Lighter: live order book, 11 min ago; KuCoin: live order book, 3 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, 11 min ago	11.99 bp	30.6 bp −$31	121.4 bp −$1,214	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	15.43 bp	56.0 bp −$56	470.3 bp −$4,703	doesn't fit	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	−0.0772%	1h	0.04535	0.000%	$16K	$234K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0660%	1h	0.04575	+0.882%	$14K	$249K	50x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0631%	1h	0.04536	+0.022%	$9K	$25K	10x	as long as short
Bybit CHIPUSDT	−0.0315%	4h	0.04542	+0.154%	$10.6M	$9.0M	20x	as long as short
OKX CHIP-USDT-SWAP	−0.0293%	4h	0.04542	+0.154%	$1.9M	$9.1M	20x	as long as short
Nado CHIP-PERP	−0.0180%	1h	0.04539	+0.088%	$227K	$18K	5x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04571	+0.794%	$3K	$143K	5x	as long as short
Binance CHIPUSDT	−0.0138%	4h	0.04540	+0.110%	$13.7M	$26.0M	50x	as long as short
Extended CHIP-USD	−0.0136%	1h	0.04538	+0.068%	$206K	$1.3M	5x	as long as short
MEXC CHIP_USDT	−0.0136%	4h	0.04538	+0.066%	$1.8M	$1.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps CHIPUSD	−0.0126%	1h	0.04564	+0.646%	$109	$39K	5x	as long as short
BloFin CHIP-USDT	−0.0079%	4h	0.04531	−0.088%	$538K	$65K	50x	as long as short
Aster CHIPUSDT	−0.0016%	4h	0.04541	+0.132%	$46K	$228K	5x	as long as short
Lighter CHIPlong	+0.0096%	1h	0.04535	long leg	$84K	$110K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04541	+0.132%	$14.3M	$6.8M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04535	+0.011%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04541	+0.132%	$673K	$911K	50x	as long as short
KuCoin CHIPUSDTMshort	+0.0100%	4h	0.04536	+0.022%	$970K	$1.1M	50x
Bitget CHIPUSDT	+0.0100%	4h	0.04543	+0.176%	$1.9M	$3.1M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04541	+0.132%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04584	+1.087%	$835K	$462K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04532	−0.066%	$703	$1.1M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0816%	1h	0.04757	+4.884%	$46K	$41K	50x	as long as short