Funding you earn now, next payment 03:00 UTC−0.0763%/8h= −83.6% APRpaid last 24h −0.037%
Price spread now: Binance against Nado−0.018%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 3 days (all we have)−0.175%−$18 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now −0.018%, 7d avg +0.005%
=Together, before fees−0.337%+ Points / potential airdropNado: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Binance is 0.023% cheaper against Nado than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.175% in total (about -19.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04748 | 0.0863 | pay 0.0108% / 1h | 43m 27s | $239K | $19K | 5x |
| Short | Binance CHIPUSDT | 0.04748 | 0.0100 | get 0.0050% / 4h | 1h 43m | $14.4M | $26.3M | 50x |
Nado CHIP-PERP
Binance CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Nado. 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
- −$160.33
- Price spread: −0.018% → +0.005%
- −$2.27
- Slippage, 4 orders
- −$52.56
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$232.15
- Costs to cover
- 0.696%
- Break-even
- never at this rate
Slippage from Nado: live order book, 19 min ago; Binance: live order book, 13 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 Nado live order book, 19 min ago | 5.68 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.05 bp | 18.3 bp −$18 | 112.1 bp −$1,121 | 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 | −0.1644% | 1h | 0.04756 | +0.158% | $29K | $215K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04740 | −0.179% | $3K | $130K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0320% | 4h | 0.04751 | +0.053% | $10.9M | $8.9M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0279% | 1h | 0.04761 | +0.263% | $17K | $244K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0175% | 4h | 0.04745 | −0.074% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04763 | +0.314% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | +0.0017% | 4h | 0.04755 | +0.136% | $45K | $271K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04757 | +0.179% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04765 | +0.343% | $14.9M | $6.1M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04754 | +0.105% | $14K | $688 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDTshort | +0.0100% | 4h | 0.04748 | −0.018% | $14.4M | $26.3M | 50x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04757 | +0.179% | $702K | $944K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04749 | +0.011% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04756 | +0.158% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04753 | +0.095% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04750 | +0.032% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04761 | +0.256% | $843K | $527K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04751 | +0.053% | $759 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04748 | −0.005% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0159% | 4h | 0.04749 | +0.011% | $568K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0328% | 1h | 0.04754 | +0.108% | $83 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.838% | $46K | $41K | 50x | as long as short |
| Nado CHIP-PERPlong | +0.0863% | 1h | 0.04748 | long leg | $239K | $19K | 5x |
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX