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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.002%
Price spread now: Pacifica against MEXC+0.094%45s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Pacifica is 0.094% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.04597−0.0118get 0.0059% / 4h2h 14m$1.8M$1.2M50x
ShortPacifica CHIP0.046010.0100get 0.0013% / 1h14m 52s$13K$6283x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$45.78
Price spread: +0.094% → 0.000%
$9.35
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$47.13
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: MEXC: live order book, 2 min ago; Pacifica: no order-book sample. 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, 2 min ago2.17 bp10.8 bp −$1145.6 bp −$456240.2 bp −$24.0K820.2 bp −$410.1K
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0652%1h0.04599+0.044%$16K$234K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0640%1h0.04603+0.120%$10K$24K10xas long as short
ApeX Omni CHIPUSDT−0.0607%1h0.04604+0.152%$14K$248K50xas long as short
Bybit CHIPUSDT−0.0241%4h0.04602+0.109%$10.7M$8.9M20xas long as short
OKX CHIP-USDT-SWAP−0.0209%4h0.04600+0.065%$1.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0176%1h0.04601+0.098%$230K$18K5xas long as short
Phoenix CHIP−0.0173%1h0.04605+0.174%$3K$143K5xas long as short
MEXC CHIP_USDTlong−0.0118%4h0.04597long leg$1.8M$1.2M50x
Binance CHIPUSDT−0.0114%4h0.04597+0.004%$13.9M$25.7M50xas long as short
Extended CHIP-USD−0.0112%1h0.04600+0.062%$210K$1.3M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps CHIPUSD−0.0090%1h0.04606+0.202%$85$39K5xas long as short
BloFin CHIP-USDT−0.0085%4h0.04595−0.044%$542K$66K50xas long as short
Aster CHIPUSDT−0.0010%4h0.04604+0.152%$45K$225K5xas long as short
Lighter CHIP+0.0096%1h0.04601+0.087%$85K$110K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04608+0.237%$14.8M$6.5M3xas long as short
Pacifica CHIPshort+0.0100%1h0.04601+0.094%$13K$6283x
Gate CHIP_USDT+0.0100%4h0.04602+0.109%$682K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04602+0.109%$984K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04602+0.109%$2.0M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04599+0.044%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04601+0.093%$839K$462Kas long as short
SunX CHIP-USDT+0.0100%4h0.04598+0.022%$712$1.0M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+3.470%$46K$41K50xas long as short