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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against MEXC0.000%7-day average +0.200% · you sell dearer than you buy
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 7 days+0.135%+$13 on $10k
Price spread, last 7 days+0.154%+$15 · spread now 0.000%, 7d avg +0.200%
Together, before fees+0.289%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.200% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.200%). If the spread goes back, that is −$20 on $10k: about 15 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.047150.0056pay 0.0028% / 4h31m 57s$1.8M$1.2M50x
ShortHyperliquid CHIP0.047150.0100get 0.0013% / 1h31m 57s$14.6M$6.3M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$9.24
Price spread: 0.000% → +0.200%
−$20.05
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19.81
Costs to cover
0.090%
Break-even
22.0 days
Slippage unknown: MEXC: live order book, 5 min ago; Hyperliquid: live order book, 11 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 MEXC live order book, 5 min ago1.07 bp15.7 bp −$1669.1 bp −$691203.3 bp −$20.3K697.9 bp −$349.0K
Sell Hyperliquid live order book, 11 min ago1.71 bpdoesn't fitdoesn't fitdoesn'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−0.0742%1h0.04709−0.127%$33K$247K5xas long as short
ApeX Omni CHIPUSDT−0.0579%1h0.04685−0.636%$16K$245K50xas long as short
Bybit CHIPUSDT−0.0535%4h0.04719+0.085%$10.8M$9.0M20xas long as short
Phoenix CHIP−0.0510%1h0.04695−0.424%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0418%4h0.04719+0.085%$2.0M$9.6M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0323%1h0.04707−0.172%$10K$24K10xas long as short
Nado CHIP-PERP−0.0105%1h0.04702−0.265%$238K$20K5xas long as short
Aster CHIPUSDT−0.0086%4h0.04710−0.097%$53K$276K5xas long as short
BloFin CHIP-USDT+0.0047%4h0.04713−0.042%$565K$64K50xas long as short
Extended CHIP-USD+0.0056%1h0.04711−0.080%$213K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDTlong+0.0056%4h0.04715long leg$1.8M$1.2M50x
Binance CHIPUSDT+0.0058%4h0.04717+0.040%$14.2M$26.9M50xas long as short
Lighter CHIP+0.0096%1h0.04707−0.170%$87K$108K3xas long as short
Hyperliquid CHIPshort+0.0100%1h0.047150.000%$14.6M$6.3M3x
Pacifica CHIP+0.0100%1h0.047150.000%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04713−0.042%$693K$963K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.047150.000%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04709−0.127%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04717+0.042%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04660−1.163%$829K$530Kas long as short
SunX CHIP-USDT+0.0100%4h0.04698−0.361%$669$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0189%1h0.04686−0.617%$76$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.965%$47K$42K50xas long as short