Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.001%
Price spread now: Lighter against MEXC+0.214%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.214%, 7d avg +0.025%
=Together, before fees−0.360%+ Points / potential airdropLighter: Season 3 · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.189% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04666 | −0.0008 | get 0.0004% / 4h | 56m 41s | $1.8M | $1.1M | 50x |
| Short | Lighter CHIP | 0.04676 | 0.0096 | get 0.0012% / 1h | 56m 41s | $87K | $108K | 3x |
MEXC CHIP_USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $21.84
- Price spread: +0.214% → +0.025%
- $18.91
- Slippage, 4 orders
- −$57.92
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.17
- Costs to cover
- 0.579%
- Break-even
- 12.5 days
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 3 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 MEXC live order book, 5 min ago | 1.09 bp | 7.2 bp −$7 | 39.3 bp −$393 | 208.4 bp −$20.8K | 728.5 bp −$364.2K |
| Sell Lighter live order book, 3 min ago | 10.83 bp | 19.4 bp −$19 | 119.5 bp −$1,195 | 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 | +0.021% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04609 | −1.222% | $3K | $139K | 5x | as long as short |
| Nado CHIP-PERP | −0.0201% | 1h | 0.04663 | −0.054% | $233K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0103% | 4h | 0.04671 | +0.107% | $1.9M | $9.3M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0103% | 1h | 0.04625 | −0.885% | $116 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0059% | 4h | 0.04668 | +0.043% | $548K | $68K | 50x | as long as short |
| ApeX Omni CHIPUSDT | −0.0041% | 1h | 0.04613 | −1.136% | $14K | $247K | 50x | as long as short |
| MEXC CHIP_USDTlong | −0.0008% | 4h | 0.04666 | long leg | $1.8M | $1.1M | 50x | |
| Extended CHIP-USD | 0.0000% | 1h | 0.04665 | −0.030% | $211K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0001% | 4h | 0.04671 | +0.107% | $14.0M | $26.0M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
ApeX Omni CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0059% | 4h | 0.04677 | +0.236% | $10.9M | $9.0M | 20x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04676 | +0.214% | $87K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04683 | +0.366% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04683 | +0.364% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04676 | +0.214% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04671 | +0.107% | $691K | $907K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04669 | +0.064% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04680 | +0.300% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04675 | +0.193% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04609 | −1.214% | $849K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04658 | −0.171% | $760 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04653 | −0.283% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1570% | 1h | 0.04680 | +0.302% | $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
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL