CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h −0.015%

Price spread now: Bybit against OKX+0.043%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1231.228% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.043%, 7d avg +0.029%

Together, before fees−0.048%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CHIP-USDT-SWAP	0.04697	−0.0054	get 0.0027% / 4h	34m 38s	$2.0M	$9.3M	20x
Short	Bybit CHIPUSDT	0.04699	0.0046	get 0.0023% / 4h	34m 38s	$10.9M	$8.9M	20x

Funding history

latest

Range statsloading…

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.043%Rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 3 min ago	2.12 bp	29.3 bp −$29	366.5 bp −$3,665	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.19 bp	30.6 bp −$31	148.7 bp −$1,487	doesn't fit	doesn't fit

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	−0.1250%	1h	0.04703	+0.128%	$14K	$234K	5x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04708	+0.234%	$3K	$140K	5x	as long as short
Aftermath Perps CHIPUSD	−0.0078%	1h	0.04704	+0.159%	$87	$39K	5x	as long as short
OKX CHIP-USDT-SWAPlong	−0.0054%	4h	0.04697	long leg	$2.0M	$9.3M	20x
Deribit CHIP_USDC-PERPETUAL	0.0000%	1h	0.04711	+0.292%	$10K	$24K	10x	as long as short
ApeX Omni CHIPUSDT	+0.0026%	1h	0.04714	+0.362%	$14K	$248K	50x	as long as short
Extended CHIP-USD	+0.0032%	1h	0.04700	+0.058%	$215K	$1.3M	5x	as long as short
Binance CHIPUSDT	+0.0032%	4h	0.04698	+0.021%	$14.1M	$26.2M	50x	as long as short
MEXC CHIP_USDT	+0.0032%	4h	0.04701	+0.085%	$1.8M	$1.1M	50x	as long as short
Bybit CHIPUSDTshort	+0.0046%	4h	0.04699	+0.043%	$10.9M	$8.9M	20x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CHIP-USDT	+0.0057%	4h	0.04703	+0.128%	$549K	$67K	50x	as long as short
Lighter CHIP	+0.0096%	1h	0.04701	+0.085%	$87K	$108K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04711	+0.302%	$14.8M	$6.8M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04705	+0.179%	$51K	$236K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04700	+0.068%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04709	+0.255%	$696K	$912K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04704	+0.149%	$991K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04704	+0.149%	$2.0M	$3.2M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04699	+0.043%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04704	+0.159%	$885K	$468K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04705	+0.170%	$922	$1.1M	10x	as long as short
Nado CHIP-PERP	+0.0375%	1h	0.04704	+0.149%	$235K	$18K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0840%	1h	0.04739	+0.888%	$46K	$41K	50x	as long as short