Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Variational Omni against Lighter−0.230%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.537%+$54 · spread now −0.230%, 7d avg +0.019%
Together, before fees+0.563%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$56 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: Variational Omni is 0.250% cheaper against Lighter than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CHIP0.046940.0096pay 0.0012% / 1h33m 17s$96K$114K3x
ShortVariational Omni CHIP0.046830.0100get 0.0050% / 4h3h 33m$829K$529K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0.84
Price spread: −0.230% → +0.019%
−$24.96
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$24.12
Costs to cover
0.000%
Break-even
208.0 days
Slippage unknown: Lighter: live order book, 1 min ago; Variational Omni: RFQ quote, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 1 min ago9.60 bp21.0 bp −$21120.2 bp −$1,202doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 21 min ago5.30 bpdoesn't fit145.1 bp −$1,451doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT−0.0651%4h0.04691−0.064%$10.7M$9.1M20xas long as short
Backpack CHIP_USDC_PERP−0.0436%1h0.04688−0.128%$34K$229K5xas long as short
Phoenix CHIP−0.0338%1h0.04685−0.192%$3K$137K5xas long as short
OKX CHIP-USDT-SWAP−0.0326%4h0.04689−0.107%$2.0M$9.7M20xas long as short
ApeX Omni CHIPUSDT−0.0175%1h0.04691−0.064%$16K$244K50xas long as short
Gate CHIP_USDT−0.0172%4h0.04688−0.128%$680K$980K50xas long as short
Nado CHIP-PERP−0.0045%1h0.04687−0.149%$237K$19K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04693−0.021%$9K$24K10xas long as short
Aster CHIPUSDT+0.0049%4h0.04693−0.019%$56K$279K5xas long as short
BloFin CHIP-USDT+0.0061%4h0.04686−0.170%$563K$65K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHIPUSDTM+0.0070%4h0.04687−0.149%$971K$1.1M50xas long as short
Lighter CHIPlong+0.0096%1h0.04694long leg$96K$114K3x
Hyperliquid CHIP+0.0100%1h0.04697+0.058%$14.5M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04685−0.183%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04688−0.128%$14.2M$27.0M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04686−0.170%$1.7M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04689−0.107%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04689−0.107%$2.0Mas long as short
Variational Omni CHIPshort+0.0100%4h0.04683−0.230%$829K$529K
SunX CHIP-USDT+0.0100%4h0.04684−0.213%$778$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04688−0.124%$213K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0149%1h0.04691−0.062%$129$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+1.513%$46K$37K50xas long as short