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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1046%/8h= +114.6% APRnext payment +$1.31 per $10,000 · paid last 24h +0.216%
Price spread now: Coinbase International against Nado+0.693%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Coinbase International is 0.693% dearer against Nado than usual: you sell high and buy low: +$69 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04763−0.0094get 0.0012% / 1h43m 01s$241K$18K5x
ShortCoinbase International CHIP-PERP-INTX0.047970.0952get 0.0119% / 1h43m 01s$46K$38K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$219.72
Price spread: +0.693% → 0.000%
$69.28
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$271.99
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Nado: live order book, 64 min ago; Coinbase International: 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 Nado live order book, 64 min ago5.05 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
Bybit CHIPUSDT−0.0338%4h0.04771+0.157%$10.8M$9.2M20xas long as short
ApeX Omni CHIPUSDT−0.0297%1h0.04746−0.367%$16K$246K50xas long as short
OKX CHIP-USDT-SWAP−0.0218%4h0.04769+0.115%$2.1M$9.8M20xas long as short
Phoenix CHIP−0.0171%1h0.04768+0.094%$3K$128K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0169%1h0.04771+0.157%$10K$24K10xas long as short
Nado CHIP-PERPlong−0.0094%1h0.04763long leg$241K$18K5x
KuCoin CHIPUSDTM−0.0038%4h0.04769+0.115%$1.0M$1.2M50xas long as short
Aftermath Perps CHIPUSD−0.0028%1h0.04738−0.533%$171$36K5xas long as short
BloFin CHIP-USDT+0.0059%4h0.04760−0.073%$565K$91K50xas long as short
Lighter CHIP+0.0096%1h0.04772+0.178%$99K$107K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CHIP+0.0100%1h0.04773+0.208%$14.8M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04768+0.101%$55K$274K5xas long as short
Pacifica CHIP+0.0100%1h0.04770+0.136%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04768+0.094%$14.3M$27.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04770+0.136%$682K$965K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04766+0.052%$1.8M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04768+0.094%$2.1M$3.5M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04766+0.052%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04772+0.178%$35K$237K5xas long as short
Variational Omni CHIP+0.0100%4h0.04737−0.563%$857K$504Kas long as short
SunX CHIP-USDT+0.0100%4h0.04763−0.010%$836$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04764+0.020%$217K$1.0M5xas long as short
Coinbase International CHIP-PERP-INTXshort+0.0952%1h0.04797+0.693%$46K$38K50x