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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0265%/8h= +29.1% APRpaid last 24h −0.041%
Price spread now: Gate against Nado+0.271%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.180%−$18 on $10k
Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.271%, 7d avg +0.102%
Together, before fees−0.302%+ Points / potential airdropNado: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.169% dearer against Nado than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.102%. Mind the row above: over the last 3 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04614−0.0165get 0.0021% / 1h46m 37s$231K$18K5x
ShortGate CHIP_USDT0.046260.0100get 0.0050% / 4h3h 46m$682K$901K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$55.74
Price spread: +0.271% → +0.102%
$16.88
Slippage, 4 orders
−$97
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$46.38
Costs to cover
1.190%
Break-even
12.8 days
Slippage from Nado: live order book, 26 min ago; Gate: live order book, 25 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, 26 min ago5.05 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 25 min ago5.39 bp41.2 bp −$41238.8 bp −$2,388doesn'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
Backpack CHIP_USDC_PERP−0.0652%1h0.04622+0.184%$15K$232K5xas long as short
ApeX Omni CHIPUSDT−0.0525%1h0.04621+0.163%$14K$248K50xas long as short
Phoenix CHIP−0.0172%1h0.04620+0.141%$3K$140K5xas long as short
Nado CHIP-PERPlong−0.0165%1h0.04614long leg$231K$18K5x
OKX CHIP-USDT-SWAP−0.0059%4h0.04613−0.011%$1.9M$9.1M20xas long as short
Bybit CHIPUSDT−0.0012%4h0.04618+0.098%$10.8M$8.9M20xas long as short
BloFin CHIP-USDT+0.0071%4h0.04623+0.206%$545K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04625+0.249%$86K$108K3xas long as short
Aster CHIPUSDT+0.0100%4h0.04622+0.182%$46K$236K5xas long as short
Pacifica CHIP+0.0100%1h0.04623+0.197%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04617+0.076%$13.9M$26.1M50xas long as short
Gate CHIP_USDTshort+0.0100%4h0.04626+0.271%$682K$901K50x
MEXC CHIP_USDT+0.0100%4h0.04621+0.163%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04626+0.271%$977K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04621+0.163%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04620+0.141%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04626+0.277%$867K$469Kas long as short
SunX CHIP-USDT+0.0100%4h0.04617+0.076%$772$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04619+0.120%$210K$1.5M5xas long as short
Hyperliquid CHIP+0.0434%1h0.04633+0.416%$14.6M$6.7M3xas long as short
Aftermath Perps CHIPUSD+0.0434%1h0.04628+0.317%$86$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04715+2.204%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.2041%1h0.04637+0.507%$10K$24K10xas long as short