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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: Hyperliquid against Pacifica+0.162%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 5 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 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.162% dearer against Pacifica than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.047470.0100pay 0.0013% / 1h47m 24s$14K$6883x
ShortHyperliquid CHIP0.047540.0100get 0.0013% / 1h47m 24s$14.9M$6.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.162% → 0.000%
$16.22
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$0.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Hyperliquid: live order book, 5 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 Pacifica no order-book sample
Sell Hyperliquid live order book, 5 min ago3.05 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit
Pacifica: 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 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−0.1939%1h0.04753+0.131%$21K$210K5xas long as short
Phoenix CHIP−0.0337%1h0.04747+0.004%$3K$130K5xas long as short
ApeX Omni CHIPUSDT−0.0323%1h0.04733−0.291%$16K$244K50xas long as short
Bybit CHIPUSDT−0.0303%4h0.04743−0.080%$10.9M$8.8M20xas long as short
OKX CHIP-USDT-SWAP−0.0170%4h0.04740−0.143%$2.0M$9.5M20xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04753+0.135%$10K$24K10xas long as short
Aster CHIPUSDT+0.0026%4h0.04750+0.067%$45K$271K5xas long as short
Lighter CHIP+0.0096%1h0.04750+0.067%$88K$107K3xas long as short
Hyperliquid CHIPshort+0.0100%1h0.04754+0.162%$14.9M$6.1M3x
Pacifica CHIPlong+0.0100%1h0.04747long leg$14K$6883x
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04738−0.185%$14.3M$26.3M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04753+0.131%$701K$943K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04744−0.059%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04744−0.059%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04742−0.101%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04742−0.101%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04729−0.384%$840K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04741−0.122%$578$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04739−0.159%$216K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0329%1h0.04748+0.018%$83$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04788+0.874%$46K$41K50xas long as short
Nado CHIP-PERP+0.1232%1h0.04740−0.133%$239K$19K5xas long as short