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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica+0.052%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 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.052% dearer against Pacifica than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.046230.0100pay 0.0013% / 1h46m 30s$13K$6283x
ShortLighter CHIP0.046250.0096get 0.0012% / 1h46m 30s$86K$108K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.052% → 0.000%
$5.19
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$3.65
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 8 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 Lighter live order book, 8 min ago16.21 bp19.8 bp −$20117.9 bp −$1,179doesn'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 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
Backpack CHIP_USDC_PERP−0.0652%1h0.04622−0.013%$15K$232K5xas long as short
ApeX Omni CHIPUSDT−0.0525%1h0.04621−0.035%$14K$248K50xas long as short
Phoenix CHIP−0.0172%1h0.04620−0.056%$3K$140K5xas long as short
Nado CHIP-PERP−0.0165%1h0.04614−0.197%$231K$18K5xas long as short
OKX CHIP-USDT-SWAP−0.0059%4h0.04613−0.208%$1.9M$9.1M20xas long as short
Bybit CHIPUSDT−0.0012%4h0.04618−0.100%$10.8M$8.9M20xas long as short
BloFin CHIP-USDT+0.0071%4h0.04623+0.009%$545K$65K50xas long as short
Lighter CHIPshort+0.0096%1h0.04625+0.052%$86K$108K3x
Aster CHIPUSDT+0.0100%4h0.04622−0.016%$46K$236K5xas long as short
Pacifica CHIPlong+0.0100%1h0.04623long leg$13K$6283x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04617−0.121%$13.9M$26.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04626+0.074%$682K$901K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04621−0.035%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04626+0.074%$977K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04621−0.035%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04620−0.056%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04626+0.080%$867K$469Kas long as short
SunX CHIP-USDT+0.0100%4h0.04617−0.121%$772$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04619−0.077%$210K$1.5M5xas long as short
Hyperliquid CHIP+0.0434%1h0.04633+0.218%$14.6M$6.7M3xas long as short
Aftermath Perps CHIPUSD+0.0434%1h0.04628+0.119%$86$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04715+2.003%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.2041%1h0.04637+0.309%$10K$24K10xas long as short