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

CHIP

all CHIP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0300%/8h= +32.9% APRpaid last 24h −0.025%
Price spread now: SunX against Nado−0.054%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2912.905% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.158%−$16 on $10k
Price spread, last 4 days (all we have)+0.771%+$77 · spread now −0.054%, 7d avg −0.009%
Together, before fees+0.613%+ Points / potential airdropNado: Active · farm board+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.044% cheaper against Nado than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 4 days funding on this pair cost −0.158%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04673−0.0200get 0.0025% / 1h58m 58s$236K$18K5x
ShortSunX CHIP-USDT0.046700.0100get 0.0050% / 4h1h 58m$653$942K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$63.01
Price spread: −0.054% → −0.009%
−$4.42
Slippage, 4 orders
−$275.54
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$231.95
Costs to cover
2.905%
Break-even
32.8 days
Slippage from Nado: live order book, 51 min ago; SunX: live order book, 46 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, 51 min ago5.09 bp16.0 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 46 min ago45.63 bp128.7 bp −$129doesn't fitdoesn't fitdoesn't fit

CHIP on 23 exchanges

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−0.0951%1h0.04675+0.054%$25K$178K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0370%1h0.04675+0.062%$9K$2K10xas long as short
ApeX Omni CHIPUSDT−0.0336%1h0.04650−0.482%$16K$246K50xas long as short
Nado CHIP-PERPlong−0.0200%1h0.04673long leg$236K$18K5x
Phoenix CHIP−0.0169%1h0.04657−0.332%$3K$121K5xas long as short
Aftermath Perps CHIPUSD−0.0115%1h0.04674+0.028%$155$34K5xas long as short
OKX CHIP-USDT-SWAP−0.0070%4h0.04671−0.032%$2.1M$9.0M20xas long as short
Bybit CHIPUSDT+0.0085%4h0.04676+0.075%$10.5M$8.6M20xas long as short
Lighter CHIP+0.0096%1h0.04673+0.011%$97K$89K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04678+0.122%$14.0M$5.6M3xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04672−0.011%$48K$273K5xas long as short
Pacifica CHIP+0.0100%1h0.04661−0.257%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04671−0.032%$13.9M$26.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04673+0.011%$715K$782K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04670−0.054%$1.8M$950K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04673+0.011%$958K$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04671−0.032%$2.0M$3.5M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04672−0.011%$1.8Mas long as short
Variational Omni CHIP+0.0100%4h0.04651−0.451%$861K$505Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04670−0.054%$653$942K10x
Extended CHIP-USD+0.0104%1h0.04669−0.076%$211K$1.7M5xas long as short
BloFin CHIP-USDT+0.0108%4h0.04657−0.332%$567K$115K50xas long as short
Coinbase International CHIP-PERP-INTX+0.1616%1h0.04655−0.375%$50K$46K50xas long as short