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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h −0.007%
Price spread now: Extended against MEXC−0.004%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$990.987% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.118%−$12 · spread now −0.004%, 7d avg −0.055%
Together, before fees−0.119%+ Points / potential airdropExtended: Active · farm board−$12 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: Extended is 0.051% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.047060.0058pay 0.0029% / 4h28m 55s$1.8M$1.2M50x
ShortExtended CHIP-USD0.047060.0064get 0.0008% / 1h28m 55s$214K$1.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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
$1.26
Price spread: −0.004% → −0.055%
$5.09
Slippage, 4 orders
−$93.73
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$92.38
Costs to cover
0.987%
Break-even
520.2 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago2.12 bp15.8 bp −$1678.3 bp −$783285.5 bp −$28.6K773.8 bp −$386.9K
Sell Extended live order book, 5 min ago3.41 bp35.3 bp −$35256.1 bp −$2,561doesn'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
Backpack CHIP_USDC_PERP−0.0688%1h0.04719+0.276%$33K$247K5xas long as short
ApeX Omni CHIPUSDT−0.0562%1h0.04711+0.106%$16K$245K50xas long as short
Phoenix CHIP−0.0510%1h0.04695−0.234%$3K$129K5xas long as short
Bybit CHIPUSDT−0.0492%4h0.04714+0.170%$10.8M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0402%4h0.04710+0.085%$2.0M$9.6M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0258%1h0.04719+0.285%$10K$24K10xas long as short
Nado CHIP-PERP−0.0118%1h0.04711+0.117%$238K$20K5xas long as short
Aster CHIPUSDT−0.0084%4h0.04716+0.214%$53K$276K5xas long as short
MEXC CHIP_USDTlong+0.0058%4h0.04706long leg$1.8M$1.2M50x
Binance CHIPUSDT+0.0061%4h0.04709+0.064%$14.2M$26.9M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CHIP-USDshort+0.0064%1h0.04706−0.004%$214K$1.9M5x
BloFin CHIP-USDT+0.0070%4h0.04713+0.149%$561K$64K50xas long as short
Lighter CHIP+0.0096%1h0.04714+0.170%$87K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04724+0.378%$14.7M$6.3M3xas long as short
Pacifica CHIP+0.0100%1h0.04720+0.297%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04714+0.170%$693K$963K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04714+0.170%$986K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04712+0.127%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04709+0.064%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04711+0.099%$838K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04711+0.106%$703$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0219%1h0.04701−0.112%$132$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+3.162%$47K$42K50xas long as short