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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h +0.043%
Price spread now: Nado against MEXC−0.053%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$550.550% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.178%+$18 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.053%, 7d avg −0.006%
Together, before fees+0.162%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.047% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.006%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.178%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.046790.0100pay 0.0050% / 4h3h 13m$1.8M$1.2M50x
ShortNado CHIP-PERP0.04676−0.0136pay 0.0017% / 1h13m 36s$234K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$49.53
Price spread: −0.053% → −0.006%
−$4.7
Slippage, 4 orders
−$47.99
Fee MEXC: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$109.23
Costs to cover
0.550%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Nado: live order book, 59 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 ago1.07 bp8.9 bp −$956.1 bp −$561244.3 bp −$24.4K818.0 bp −$409.0K
Sell Nado live order book, 59 min ago5.05 bp19.3 bp −$19doesn'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−0.0850%1h0.04691+0.256%$14K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0273%1h0.04674−0.107%$17K$249K50xas long as short
Phoenix CHIP−0.0172%1h0.04677−0.043%$3K$140K5xas long as short
Nado CHIP-PERPshort−0.0136%1h0.04676−0.053%$234K$18K5x
OKX CHIP-USDT-SWAP−0.0005%4h0.04678−0.021%$2.0M$9.1M20xas long as short
BloFin CHIP-USDT+0.0059%4h0.04670−0.192%$552K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04682+0.064%$87K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04689+0.224%$14.7M$6.5M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04683+0.089%$49K$238K5xas long as short
Pacifica CHIP+0.0100%1h0.04681+0.045%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04676−0.065%$14.1M$26.0M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04680+0.021%$10.9M$8.6M20xas long as short
Gate CHIP_USDT+0.0100%4h0.046790.000%$693K$911K50xas long as short
MEXC CHIP_USDTlong+0.0100%4h0.04679long leg$1.8M$1.2M50x
KuCoin CHIPUSDTM+0.0100%4h0.04680+0.021%$978K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04680+0.021%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04681+0.043%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04671−0.165%$877K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04686+0.150%$962$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.046790.000%$212K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0334%1h0.04661−0.380%$144$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04680+0.028%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1626%1h0.04700+0.440%$10K$24K10xas long as short