Funding you earn now, next payment 22:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.052%
Price spread now: OKX against Nado+0.087%7-day average +0.008% · 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−$66as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 3 days (all we have)−0.248%−$25 on $10k
+Price spread, last 3 days (all we have)+0.024%+$2 · spread now +0.087%, 7d avg +0.008%
=Together, before fees−0.224%+ Points / potential airdropNado: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.079% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04587 | −0.0190 | get 0.0024% / 1h | 33m 54s | $230K | $18K | 5x |
| Short | OKX CHIP-USDT-SWAP | 0.04591 | −0.0197 | pay 0.0098% / 4h | 2h 33m | $1.9M | $9.1M | 20x |
Nado CHIP-PERP
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$1.45
- Price spread: +0.087% → +0.008%
- $7.91
- Slippage, 4 orders
- −$57
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.54
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from Nado: live order book, 53 min ago; OKX: live order book, 4 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, 53 min ago | 5.03 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.09 bp | 22.4 bp −$22 | 220.7 bp −$2,207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1697% | 1h | 0.04590 | +0.065% | $16K | $233K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0721% | 1h | 0.04577 | −0.218% | $14K | $249K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0386% | 4h | 0.04594 | +0.153% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0197% | 4h | 0.04591 | +0.087% | $1.9M | $9.1M | 20x | |
| Nado CHIP-PERPlong | −0.0190% | 1h | 0.04587 | long leg | $230K | $18K | 5x | |
| Phoenix CHIP | −0.0173% | 1h | 0.04578 | −0.196% | $3K | $143K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0163% | 1h | 0.04594 | +0.164% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDT | −0.0117% | 4h | 0.04579 | −0.174% | $543K | $66K | 50x | as long as short |
| Extended CHIP-USD | −0.0112% | 1h | 0.04588 | +0.033% | $209K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0112% | 4h | 0.04588 | +0.022% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | −0.0112% | 4h | 0.04588 | +0.022% | $13.8M | $25.7M | 50x | as long as short |
| Aster CHIPUSDT | −0.0056% | 4h | 0.04594 | +0.152% | $43K | $229K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0013% | 1h | 0.04581 | −0.125% | $130 | $39K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04590 | +0.065% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04597 | +0.218% | $14.8M | $6.6M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04588 | +0.031% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04591 | +0.087% | $690K | $898K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04589 | +0.044% | $983K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04592 | +0.109% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04589 | +0.044% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04575 | −0.254% | $834K | $462K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04586 | −0.022% | $670 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.695% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Aster CHIPUSDT
Aftermath Perps CHIPUSD
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX