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Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.04243+0.0096pay 0.0012% / 1h55m 38s$172K$458K3xLong Lighter7d free
SHORT0.04241+0.0315get 0.0039% / 1h55m 38s$2K$190K5xShort RISExInvite
Price gap−0.045%
Funding gap+0.0219% /8h

Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1+0.0219% /8h now · paid +0.007% over the last 21 hours (all we have)
Price+$1spread −0.045% now, avg −0.058% → +0.014% if it goes back
Costs−$570.574% of $10k · taker + slippage, in and out
Result−$55−0.55%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 21 hours it paid +0.007% in total, about +0.0026%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.045%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CHIP on 24 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Watch: Thin at this size16.8 / 14.2 bp
    At $10k entering Lighter costs 16.8 bp, fee and slippage, 1.2× RISEx’s.
  • Note: Margin at max leverage$3,333 + $2,000
    Lighter 3x, RISEx 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$6.56Long Lighter: 24 payments, −$2.88; short RISEx: 24 payments, +$9.44.
  • Note: Gap at its usual level−0.045% vs −0.058%
    The price leg adds little either way.
  • Watch: Short leg is thinner$2K vs $172K OI
    RISEx sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legLighter No · RISEx No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0026%/8h × 21 periods+$5.42
Price spread−0.045% → −0.058% (7d avg)+$1.36
Slippage, 4 orderslive order books−$51.41
Fee Lighter bp × 2 orders$0.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$50.63
Costs to cover0.574%Break-even72.3 days
Slippage: Lighter: live order book, 38 min ago; RISEx: live order book, 51 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGLighter2.2816.8 bp−$1725.8 bp−$258doesn’t fitdoesn’t fit
SELL · SHORTRISEx2.8714.2 bp−$14doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CHIP news

posts that mention CHIP, from every exchangeSearch all news →
10-28 10:42TxFlowListingAt the community’s request, TxFlow has listed $CHIP. a DeFi protocol that finances AI infrastructure using GPU hardware as onchain collateral, now available with up to 50x leverage. @TxFlow_L1 on X ↗
10-28 09:24RISExListingnew market CHIP/USDC ($CHIP) seen by our collector
10-26 09:17TxFlowListingnew market CHIP-USDC ($CHIP) seen by our collector