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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h −0.037%
Price spread now: KuCoin against Nado−0.032%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1371.365% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.254%−$25 on $10k
Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.032%, 7d avg +0.063%
Together, before fees−0.011%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.095% cheaper against Nado than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.063%). If the spread goes back, that is −$10 on $10k: about 33 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 3 days funding on this pair cost −0.254%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04724−0.0128get 0.0016% / 1h26m 15s$239K$20K5x
ShortKuCoin CHIPUSDTM0.047230.0100get 0.0050% / 4h26m 15s$989K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$47.98
Price spread: −0.032% → +0.063%
−$9.52
Slippage, 4 orders
−$117.5
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$98.03
Costs to cover
1.365%
Break-even
21.3 days
Slippage from Nado: live order book, 31 min ago; KuCoin: live order book, 4 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, 31 min ago5.11 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago8.48 bp42.5 bp −$42471.0 bp −$4,710doesn'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−0.0675%1h0.04726+0.032%$33K$248K5xas long as short
Phoenix CHIP−0.0510%1h0.04695−0.624%$3K$129K5xas long as short
ApeX Omni CHIPUSDT−0.0501%1h0.04716−0.180%$16K$245K50xas long as short
Bybit CHIPUSDT−0.0454%4h0.04729+0.095%$10.9M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0382%4h0.04726+0.032%$2.0M$9.6M20xas long as short
Nado CHIP-PERPlong−0.0128%1h0.04724long leg$239K$20K5x
Aster CHIPUSDT−0.0073%4h0.04727+0.051%$53K$276K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0004%1h0.04729+0.097%$10K$24K10xas long as short
Extended CHIP-USD+0.0056%1h0.04722−0.045%$214K$1.9M5xas long as short
MEXC CHIP_USDT+0.0058%4h0.04724−0.011%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0059%4h0.04726+0.032%$14.3M$26.9M50xas long as short
BloFin CHIP-USDT+0.0093%4h0.04715−0.201%$561K$64K50xas long as short
Lighter CHIP+0.0096%1h0.04728+0.074%$88K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04736+0.239%$14.7M$6.3M3xas long as short
Pacifica CHIP+0.0100%1h0.04729+0.089%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04721−0.074%$694K$963K50xas long as short
KuCoin CHIPUSDTMshort+0.0100%4h0.04723−0.032%$989K$1.1M50x
Bitget CHIPUSDT+0.0100%4h0.04725+0.011%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04724−0.011%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04711−0.293%$838K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04721−0.074%$924$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0220%1h0.04710−0.313%$46$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.758%$47K$42K50xas long as short