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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04694 | 0.0096 | pay 0.0012% / 1h | 33m 17s | $96K | $114K | 3x |
| Short | Variational Omni CHIP | 0.04683 | 0.0100 | get 0.0050% / 4h | 3h 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 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: −0.230% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 1 min ago | 9.60 bp | 21.0 bp −$21 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 21 min ago | 5.30 bp | doesn't fit | 145.1 bp −$1,451 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0651% | 4h | 0.04691 | −0.064% | $10.7M | $9.1M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0436% | 1h | 0.04688 | −0.128% | $34K | $229K | 5x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04685 | −0.192% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0326% | 4h | 0.04689 | −0.107% | $2.0M | $9.7M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0175% | 1h | 0.04691 | −0.064% | $16K | $244K | 50x | as long as short |
| Gate CHIP_USDT | −0.0172% | 4h | 0.04688 | −0.128% | $680K | $980K | 50x | as long as short |
| Nado CHIP-PERP | −0.0045% | 1h | 0.04687 | −0.149% | $237K | $19K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04693 | −0.021% | $9K | $24K | 10x | as long as short |
| Aster CHIPUSDT | +0.0049% | 4h | 0.04693 | −0.019% | $56K | $279K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0061% | 4h | 0.04686 | −0.170% | $563K | $65K | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHIPUSDTM | +0.0070% | 4h | 0.04687 | −0.149% | $971K | $1.1M | 50x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04694 | long leg | $96K | $114K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04697 | +0.058% | $14.5M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04685 | −0.183% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04688 | −0.128% | $14.2M | $27.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04686 | −0.170% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04689 | −0.107% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04689 | −0.107% | — | $2.0M | — | as long as short |
| Variational Omni CHIPshort | +0.0100% | 4h | 0.04683 | −0.230% | $829K | $529K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04684 | −0.213% | $778 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04688 | −0.124% | $213K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0149% | 1h | 0.04691 | −0.062% | $129 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.513% | $46K | $37K | 50x | as long as short |
Lighter CHIP
Variational Omni CHIP
Bybit CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Gate CHIP_USDT
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
BloFin CHIP-USDT
KuCoin CHIPUSDTM
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX