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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0317%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.042%
Price spread now: Aftermath Perps against Pacifica+0.285%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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aftermath Perps is 0.285% dearer against Pacifica than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.046200.0100pay 0.0013% / 1h49m 34s$13K$6283x
ShortAftermath Perps CHIPUSD0.046330.0417get 0.0052% / 1h49m 34s$86$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Pacifica. 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
$66.66
Price spread: +0.285% → 0.000%
$28.47
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$78.12
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Pacifica: no order-book sample; 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 Pacifica no order-book sample
Sell Aftermath Perps no order-book sample
Pacifica and 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
ApeX Omni CHIPUSDT−0.0841%1h0.04619−0.017%$14K$248K50xas long as short
Backpack CHIP_USDC_PERP−0.0577%1h0.04617−0.061%$15K$232K5xas long as short
Phoenix CHIP−0.0172%1h0.04631+0.242%$3K$140K5xas long as short
Nado CHIP-PERP−0.0157%1h0.04621+0.037%$231K$18K5xas long as short
Bybit CHIPUSDT−0.0063%4h0.04619−0.017%$10.8M$8.9M20xas long as short
OKX CHIP-USDT-SWAP−0.0052%4h0.04615−0.104%$1.9M$9.1M20xas long as short
Gate CHIP_USDT−0.0052%4h0.04619−0.017%$681K$901K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04622+0.041%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0063%4h0.04621+0.026%$546K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04617−0.061%$86K$108K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04619−0.017%$46K$237K5xas long as short
Pacifica CHIPlong+0.0100%1h0.04620long leg$13K$6283x
Binance CHIPUSDT+0.0100%4h0.04616−0.082%$13.9M$26.1M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04615−0.104%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04616−0.082%$975K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04616−0.082%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04615−0.104%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04626+0.140%$867K$469Kas long as short
SunX CHIP-USDT+0.0100%4h0.04619−0.017%$661$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04614−0.125%$213K$1.4M5xas long as short
Aftermath Perps CHIPUSDshort+0.0417%1h0.04633+0.285%$86$38K5x
Hyperliquid CHIP+0.0475%1h0.04631+0.251%$14.6M$6.7M3xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04715+2.065%$45K$40K50xas long as short