Funding you earn now, next payment 02:00 UTC+0.0186%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h −0.039%
Price spread now: Lighter against Nado+0.074%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
Funding, last 3 days (all we have)−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.074%, 7d avg +0.034%
=Together, before fees−0.439%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.040% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 3 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04746 | −0.0090 | get 0.0011% / 1h | 6m 08s | $239K | $19K | 5x |
| Short | Lighter CHIP | 0.04750 | 0.0096 | get 0.0012% / 1h | 6m 08s | $88K | $108K | 3x |
Nado CHIP-PERP
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $38.97
- Price spread: +0.074% → +0.034%
- $3.99
- Slippage, 4 orders
- −$92.81
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$56.85
- Costs to cover
- 0.998%
- Break-even
- 17.2 days
Slippage from Nado: live order book, 61 min ago; Lighter: live order book, 43 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, 61 min ago | 5.11 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 43 min ago | 16.13 bp | 32.9 bp −$33 | 136.6 bp −$1,366 | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1503% | 1h | 0.04752 | +0.116% | $14K | $221K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04730 | −0.348% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0159% | 1h | 0.04730 | −0.348% | $16K | $244K | 50x | as long as short |
| Nado CHIP-PERPlong | −0.0090% | 1h | 0.04746 | long leg | $239K | $19K | 5x | |
| OKX CHIP-USDT-SWAP | −0.0087% | 4h | 0.04747 | +0.011% | $2.0M | $9.4M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0034% | 4h | 0.04753 | +0.137% | $11.1M | $8.7M | 20x | as long as short |
| Aster CHIPUSDT | +0.0081% | 4h | 0.04753 | +0.137% | $38K | $262K | 5x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04750 | +0.074% | $88K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04764 | +0.364% | $15.0M | $6.0M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04755 | +0.173% | $14K | $688 | 3x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
Aster CHIPUSDT
Hyperliquid CHIP
Pacifica CHIPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04749 | +0.053% | $14.4M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04754 | +0.158% | $702K | $968K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04749 | +0.053% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04751 | +0.095% | $996K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04754 | +0.158% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04748 | +0.032% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04750 | +0.077% | $901K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04750 | +0.074% | $770 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04748 | +0.029% | $217K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0359% | 1h | 0.04762 | +0.327% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0392% | 1h | 0.04738 | −0.177% | $72 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04767 | +0.426% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX