Funding you earn now, next payment 06:00 UTC−0.0523%/8h= −57.3% APRpaid last 24h −0.062%
Price spread now: Bybit against Nado−0.472%7-day average +0.071% · 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−$152as in the Price arb table
costs, in and out, $10k−$980.982% of the position
Funding, last 3 days (all we have)−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)+0.607%+$61 · spread now −0.472%, 7d avg +0.071%
=Together, before fees+0.383%+ Points / potential airdropNado: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.543% cheaper against Nado than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of +0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04662 | −0.0028 | get 0.0004% / 1h | 40m 54s | $236K | $18K | 5x |
| Short | Bybit CHIPUSDT | 0.04640 | −0.0551 | pay 0.0276% / 4h | 2h 40m | $10.5M | $9.1M | 20x |
Nado CHIP-PERP
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$109.89
- Price spread: −0.472% → +0.071%
- −$54.25
- Slippage, 4 orders
- −$80.21
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$262.35
- Costs to cover
- 0.982%
- Break-even
- never at this rate
Slippage from Nado: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago | 5.05 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.07 bp | 29.3 bp −$29 | 159.0 bp −$1,590 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0715% | 1h | 0.04657 | −0.116% | $9K | $24K | 10x | as long as short |
| Bybit CHIPUSDTshort | −0.0551% | 4h | 0.04640 | −0.472% | $10.5M | $9.1M | 20x | |
| ApeX Omni CHIPUSDT | −0.0381% | 1h | 0.04678 | +0.343% | $16K | $245K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0240% | 4h | 0.04634 | −0.601% | $2.0M | $9.5M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04659 | −0.064% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERPlong | −0.0028% | 1h | 0.04662 | long leg | $236K | $18K | 5x | |
| KuCoin CHIPUSDTM | +0.0038% | 4h | 0.04651 | −0.236% | $972K | $1.1M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04652 | −0.215% | $96K | $113K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04659 | −0.054% | $14.4M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04645 | −0.363% | $55K | $279K | 5x | as long as short |
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04670 | +0.172% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04641 | −0.450% | $14.0M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04646 | −0.343% | $665K | $965K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04639 | −0.493% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04638 | −0.515% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04641 | −0.450% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04656 | −0.134% | $821K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04664 | +0.043% | $679 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04639 | −0.488% | $211K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0140% | 4h | 0.04659 | −0.064% | $557K | $64K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0168% | 1h | 0.04675 | +0.282% | $140 | $37K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0310% | 1h | 0.04656 | −0.129% | $34K | $233K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +1.184% | $45K | $37K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX