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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0279%/8h= −30.5% APRnext payment $0.35 per $10,000 · paid last 24h −0.117%
Price spread now: ApeX Omni against Nado−0.225%61s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.703% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.367%−$37 on $10k
Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.225%, 7d avg +0.017%
Together, before fees−0.026%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.241% cheaper against Nado than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.017%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04667−0.0059get 0.0007% / 1h37m 48s$236K$18K5x
ShortApeX Omni CHIPUSDT0.04657−0.0338pay 0.0042% / 1h37m 48s$16K$246K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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
−$58.58
Price spread: −0.225% → +0.017%
−$24.15
Slippage, 4 orders
−$53.25
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$152.98
Costs to cover
0.703%
Break-even
never at this rate
Slippage from Nado: live order book, 10 min ago; ApeX Omni: live order book, 9 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 Nado live order book, 10 min ago5.05 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 9 min ago8.60 bp17.2 bp −$17132.3 bp −$1,323doesn'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
Bybit CHIPUSDT−0.0517%4h0.04666−0.032%$10.5M$9.1M20xas long as short
ApeX Omni CHIPUSDTshort−0.0338%1h0.04657−0.225%$16K$246K50x
OKX CHIP-USDT-SWAP−0.0242%4h0.04661−0.139%$2.0M$9.5M20xas long as short
Phoenix CHIP−0.0171%1h0.04630−0.803%$3K$129K5xas long as short
Nado CHIP-PERPlong−0.0059%1h0.04667long leg$236K$18K5x
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04669+0.041%$9K$24K10xas long as short
KuCoin CHIPUSDTM+0.0052%4h0.04664−0.075%$977K$1.1M50xas long as short
Lighter CHIP+0.0096%1h0.04665−0.054%$96K$113K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04670+0.043%$14.5M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04659−0.182%$55K$277K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04663−0.096%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04660−0.161%$14.0M$27.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04662−0.118%$666K$968K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04660−0.161%$1.7M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04664−0.075%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04659−0.182%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04671+0.075%$34K$233K5xas long as short
Variational Omni CHIP+0.0100%4h0.04656−0.252%$821K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04640−0.589%$818$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04654−0.283%$212K$1.0M5xas long as short
BloFin CHIP-USDT+0.0129%4h0.04631−0.782%$554K$63K50xas long as short
Aftermath Perps CHIPUSD+0.0147%1h0.04661−0.138%$152$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04717+1.065%$45K$37K50xas long as short