Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Lighter−0.193%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$2952.947% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)+0.505%+$51 · spread now −0.193%, 7d avg −0.042%
=Together, before fees+0.569%+ Points / potential airdropLighter: Season 3 · farm board+$57 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: SunX is 0.151% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04667 | 0.0096 | pay 0.0012% / 1h | 57m 06s | $87K | $108K | 3x |
| Short | SunX CHIP-USDT | 0.04658 | 0.0100 | get 0.0050% / 4h | 57m 06s | $760 | $1.1M | 10x |
Lighter CHIP
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.193% → −0.042%
- −$15.07
- Slippage, 4 orders
- −$286.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$308.96
- Costs to cover
- 2.947%
- Break-even
- 2581.7 days
Slippage from Lighter: live order book, 2 min ago; SunX: live order book, 6 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, 2 min ago | 10.83 bp | 21.1 bp −$21 | 118.7 bp −$1,187 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 46.63 bp | 129.0 bp −$129 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1058% | 1h | 0.04667 | 0.000% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04609 | −1.243% | $3K | $139K | 5x | as long as short |
| Nado CHIP-PERP | −0.0201% | 1h | 0.04663 | −0.075% | $233K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0103% | 1h | 0.04625 | −0.906% | $116 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0101% | 4h | 0.04666 | −0.021% | $1.9M | $9.3M | 20x | as long as short |
| BloFin CHIP-USDT | −0.0059% | 4h | 0.04668 | +0.021% | $548K | $68K | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0041% | 1h | 0.04613 | −1.157% | $14K | $247K | 50x | as long as short |
| MEXC CHIP_USDT | −0.0008% | 4h | 0.04666 | −0.021% | $1.8M | $1.1M | 50x | as long as short |
| Binance CHIPUSDT | −0.0003% | 4h | 0.04666 | −0.021% | $14.0M | $26.0M | 50x | as long as short |
| Extended CHIP-USD | 0.0000% | 1h | 0.04666 | −0.030% | $211K | $1.3M | 5x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
MEXC CHIP_USDT
Binance CHIPUSDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0059% | 4h | 0.04670 | +0.064% | $10.9M | $8.9M | 20x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04667 | long leg | $87K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04675 | +0.163% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04673 | +0.132% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04664 | −0.060% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04670 | +0.064% | $691K | $907K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04669 | +0.043% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04668 | +0.021% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04667 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04609 | −1.235% | $849K | $453K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04658 | −0.193% | $760 | $1.1M | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04653 | −0.304% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1570% | 1h | 0.04680 | +0.281% | $10K | $25K | 10x | as long as short |
Bybit CHIPUSDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL