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 − costs—under 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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04745 | −0.0092 | get 0.0046% / 4h | 2h 04m | $2.0M | $9.4M | 20x |
| Short | Nado CHIP-PERP | 0.04747 | −0.0093 | pay 0.0012% / 1h | 4m 57s | $239K | $19K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 1.06 bp | 21.1 bp −$21 | 208.8 bp −$2,088 | doesn't fit | doesn't fit |
| Sell Nado live order book, 63 min ago | 5.11 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1509% | 1h | 0.04751 | +0.126% | $14K | $221K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0180% | 1h | 0.04717 | −0.590% | $16K | $244K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04725 | −0.421% | $3K | $129K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0170% | 1h | 0.04756 | +0.230% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERPshort | −0.0093% | 1h | 0.04747 | +0.042% | $239K | $19K | 5x | |
| OKX CHIP-USDT-SWAPlong | −0.0092% | 4h | 0.04745 | long leg | $2.0M | $9.4M | 20x | |
| Bybit CHIPUSDT | −0.0052% | 4h | 0.04754 | +0.190% | $11.1M | $8.7M | 20x | as long as short |
| Aster CHIPUSDT | +0.0086% | 4h | 0.04753 | +0.169% | $39K | $262K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04751 | +0.126% | $88K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04761 | +0.348% | $15.0M | $6.0M | 3x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04750 | +0.105% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04747 | +0.042% | $14.3M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04750 | +0.105% | $702K | $969K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04746 | +0.021% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04754 | +0.190% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04750 | +0.105% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04747 | +0.042% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04750 | +0.109% | $901K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04747 | +0.042% | $728 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04745 | +0.009% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0404% | 1h | 0.04742 | −0.062% | $142 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04767 | +0.457% | $46K | $41K | 50x | as long as short |
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX