Funding you earn now, next payment 03:00 UTC+0.0636%/8h= +69.6% APRnext payment +$0.80 per $10,000 · paid last 24h +0.246%
Price spread now: Coinbase International against Pacifica+3.195%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 3.195% dearer against Pacifica than usual: you sell high and buy low: +$319 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04704 | 0.0100 | pay 0.0013% / 1h | 55m 59s | $16K | $3K | 3x |
| Short | Coinbase International CHIP-PERP-INTX | 0.04855 | 0.0736 | get 0.0092% / 1h | 55m 59s | $47K | $42K | 50x |
Pacifica CHIP
Coinbase International CHIP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $133.56
- Price spread: +3.195% → 0.000%
- $319.48
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $435.04
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Pacifica and Coinbase International: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0788% | 1h | 0.04738 | +0.712% | $32K | $242K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0682% | 1h | 0.04710 | +0.117% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0527% | 4h | 0.04736 | +0.670% | $10.9M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04710 | +0.117% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0322% | 4h | 0.04729 | +0.521% | $2.0M | $9.6M | 20x | as long as short |
| Aster CHIPUSDT | −0.0093% | 4h | 0.04726 | +0.462% | $50K | $274K | 5x | as long as short |
| Nado CHIP-PERP | −0.0027% | 1h | 0.04717 | +0.276% | $239K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0018% | 4h | 0.04689 | −0.329% | $566K | $63K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0074% | 4h | 0.04729 | +0.521% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0076% | 4h | 0.04732 | +0.588% | $14.3M | $26.6M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
MEXC CHIP_USDT
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | +0.0080% | 1h | 0.04727 | +0.488% | $216K | $1.9M | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04727 | +0.478% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04740 | +0.757% | $14.8M | $6.2M | 3x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04704 | long leg | $16K | $3K | 3x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04729 | +0.521% | $689K | $948K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04731 | +0.563% | $990K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04732 | +0.585% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04733 | +0.606% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04729 | +0.515% | $838K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04722 | +0.372% | $728 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0382% | 1h | 0.04713 | +0.176% | $133 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXshort | +0.0736% | 1h | 0.04855 | +3.195% | $47K | $42K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | +0.0870% | 1h | 0.04737 | +0.691% | $10K | $24K | 10x | as long as short |
Extended CHIP-USD
Lighter CHIP
Hyperliquid CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL