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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0375%/8h= +41.0% APRnext payment +$1.87 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against OKX+0.640%7-day average +0.048% · 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)+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.640%, 7d avg +0.048%
Together, before fees+0.188%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Variational Omni is 0.592% dearer against OKX than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.070% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CHIP-USDT-SWAP0.04786−0.0275get 0.0137% / 4h1h 17m$2.1M$9.6M20x
ShortVariational Omni CHIP0.048170.0100get 0.0050% / 4h1h 17m$857K$529K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$78.71
Price spread: +0.640% → +0.048%
$59.16
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$127.87
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 46 min ago. 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 Variational Omni RFQ quote, 46 min ago4.21 bpdoesn't fit204.1 bp −$2,041doesn't fitdoesn't fit

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%4h0.04790+0.084%$11.1M$8.9M20xas long as short
ApeX Omni CHIPUSDT−0.0535%1h0.04815+0.606%$17K$245K50xas long as short
Backpack CHIP_USDC_PERP−0.0414%1h0.04790+0.084%$26K$237K5xas long as short
Phoenix CHIP−0.0337%1h0.04798+0.251%$3K$130K5xas long as short
OKX CHIP-USDT-SWAPlong−0.0275%4h0.04786long leg$2.1M$9.6M20x
Aster CHIPUSDT−0.0054%4h0.04797+0.240%$47K$271K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04797+0.234%$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+0.104%$89K$107K3xas long as short
Extended CHIP-USD+0.0096%1h0.04785−0.015%$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%1h0.04803+0.353%$15.1M$6.1M3xas long as short
Pacifica CHIP+0.0100%1h0.04797+0.226%$14K$6893xas long as short
Gate CHIP_USDT+0.0100%4h0.04796+0.209%$708K$950K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04792+0.125%$1.9M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04792+0.125%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04794+0.167%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04787+0.021%$1.9Mas long as short
Variational Omni CHIPshort+0.0100%4h0.04817+0.640%$857K$529K
SunX CHIP-USDT+0.0100%4h0.04792+0.125%$728$1.0M10xas long as short
Nado CHIP-PERP+0.0101%1h0.04787+0.031%$241K$19K5xas long as short
Aftermath Perps CHIPUSD+0.0422%1h0.04801+0.311%$84$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04855+1.438%$47K$42K50xas long as short