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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0697%/8h= +76.3% APRpaid last 24h +0.050%
Price spread now: Aftermath Perps against OKX+0.269%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aftermath Perps is 0.269% dearer against OKX than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CHIP-USDT-SWAP0.04788−0.0275get 0.0137% / 4h1h 17m$2.1M$9.6M20x
ShortAftermath Perps CHIPUSD0.048010.0422get 0.0053% / 1h17m 44s$84$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against OKX. 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
$146.33
Price spread: +0.269% → 0.000%
$26.94
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$154.27
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: OKX: live order book, 5 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago3.12 bp23.9 bp −$24345.2 bp −$3,452doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit CHIPUSDT−0.0599%4h0.04794+0.125%$11.1M$8.9M20xas long as short
ApeX Omni CHIPUSDT−0.0535%1h0.04815+0.564%$17K$245K50xas long as short
Backpack CHIP_USDC_PERP−0.0414%1h0.04790+0.042%$26K$237K5xas long as short
Phoenix CHIP−0.0337%1h0.04798+0.209%$3K$130K5xas long as short
OKX CHIP-USDT-SWAPlong−0.0275%4h0.04788long leg$2.1M$9.6M20x
Aster CHIPUSDT−0.0054%4h0.04797+0.182%$47K$271K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04797+0.192%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0095%4h0.04787−0.021%$571K$63K50xas long as short
Lighter CHIP+0.0096%1h0.04791+0.063%$89K$107K3xas long as short
Extended CHIP-USD+0.0096%1h0.04785−0.057%$221K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0099%4h0.04787−0.021%$14.5M$26.4M50xas long as short
Hyperliquid CHIP+0.0100%1h0.04804+0.340%$15.1M$6.1M3xas long as short
Pacifica CHIP+0.0100%1h0.04797+0.184%$14K$6893xas long as short
Gate CHIP_USDT+0.0100%4h0.04795+0.146%$708K$950K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04792+0.084%$1.9M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04792+0.084%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04794+0.125%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04790+0.042%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04817+0.598%$857K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04792+0.084%$728$1.0M10xas long as short
Nado CHIP-PERP+0.0101%1h0.04787−0.010%$241K$19K5xas long as short
Aftermath Perps CHIPUSDshort+0.0422%1h0.04801+0.269%$84$38K5x
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04855+1.395%$47K$42K50xas long as short