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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.044%
Price spread now: Nado against OKX+0.042%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.769% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.245%+$24 on $10k
Price spread, last 4 days (all we have)+0.305%+$30 · spread now +0.042%, 7d avg −0.003%
Together, before fees+0.550%+ Points / potential airdropNado: Active · farm board+$55 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: Nado is 0.045% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CHIP-USDT-SWAP0.04745−0.0092get 0.0046% / 4h2h 04m$2.0M$9.4M20x
ShortNado CHIP-PERP0.04747−0.0093pay 0.0012% / 1h4m 57s$239K$19K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$0.22
Price spread: +0.042% → −0.003%
$4.5
Slippage, 4 orders
−$59.87
Fee OKX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$72.59
Costs to cover
0.769%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Nado: live order book, 63 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 OKX live order book, 3 min ago1.06 bp21.1 bp −$21208.8 bp −$2,088doesn't fitdoesn't fit
Sell Nado live order book, 63 min ago5.11 bp19.3 bp −$19doesn't fitdoesn't fitdoesn't fit

CHIP on 22 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
Backpack CHIP_USDC_PERP−0.1509%1h0.04751+0.126%$14K$221K5xas long as short
ApeX Omni CHIPUSDT−0.0180%1h0.04717−0.590%$16K$244K50xas long as short
Phoenix CHIP−0.0172%1h0.04725−0.421%$3K$129K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0170%1h0.04756+0.230%$10K$24K10xas long as short
Nado CHIP-PERPshort−0.0093%1h0.04747+0.042%$239K$19K5x
OKX CHIP-USDT-SWAPlong−0.0092%4h0.04745long leg$2.0M$9.4M20x
Bybit CHIPUSDT−0.0052%4h0.04754+0.190%$11.1M$8.7M20xas long as short
Aster CHIPUSDT+0.0086%4h0.04753+0.169%$39K$262K5xas long as short
Lighter CHIP+0.0096%1h0.04751+0.126%$88K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04761+0.348%$15.0M$6.0M3xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04750+0.105%$14K$6883xas long as short
Binance CHIPUSDT+0.0100%4h0.04747+0.042%$14.3M$26.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04750+0.105%$702K$969K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04746+0.021%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04754+0.190%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04750+0.105%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04747+0.042%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04750+0.109%$901K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04747+0.042%$728$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04745+0.009%$217K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0404%1h0.04742−0.062%$142$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04767+0.457%$46K$41K50xas long as short