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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04623 | 0.0100 | pay 0.0013% / 1h | 46m 30s | $13K | $628 | 3x |
| Short | Lighter CHIP | 0.04625 | 0.0096 | get 0.0012% / 1h | 46m 30s | $86K | $108K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 8 min ago | 16.21 bp | 19.8 bp −$20 | 117.9 bp −$1,179 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0652% | 1h | 0.04622 | −0.013% | $15K | $232K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0525% | 1h | 0.04621 | −0.035% | $14K | $248K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04620 | −0.056% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0165% | 1h | 0.04614 | −0.197% | $231K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0059% | 4h | 0.04613 | −0.208% | $1.9M | $9.1M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0012% | 4h | 0.04618 | −0.100% | $10.8M | $8.9M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0071% | 4h | 0.04623 | +0.009% | $545K | $65K | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04625 | +0.052% | $86K | $108K | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04622 | −0.016% | $46K | $236K | 5x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04623 | long leg | $13K | $628 | 3x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04617 | −0.121% | $13.9M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04626 | +0.074% | $682K | $901K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04621 | −0.035% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04626 | +0.074% | $977K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04621 | −0.035% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04620 | −0.056% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04626 | +0.080% | $867K | $469K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04617 | −0.121% | $772 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04619 | −0.077% | $210K | $1.5M | 5x | as long as short |
| Hyperliquid CHIP | +0.0434% | 1h | 0.04633 | +0.218% | $14.6M | $6.7M | 3x | as long as short |
| Aftermath Perps CHIPUSD | +0.0434% | 1h | 0.04628 | +0.119% | $86 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04715 | +2.003% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.2041% | 1h | 0.04637 | +0.309% | $10K | $24K | 10x | as long as short |
Pacifica CHIP
Lighter CHIP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
BloFin CHIP-USDT
Aster CHIPUSDT
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Hyperliquid CHIP
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL