Funding you earn now, next payment 23:00 UTC−0.0333%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h +0.051%
Price spread now: Nado against Pacifica−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Nado is 0.085% cheaper against Pacifica than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04571 | 0.0100 | pay 0.0013% / 1h | 55m 47s | $13K | $628 | 3x |
| Short | Nado CHIP-PERP | 0.04567 | −0.0233 | pay 0.0029% / 1h | 55m 47s | $229K | $18K | 5x |
Pacifica CHIP
Nado CHIP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$69.89
- Price spread: −0.085% → 0.000%
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$93.42
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Nado: live order book, 27 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 Nado live order book, 27 min ago | 5.10 bp | 20.1 bp −$20 | doesn't fit | 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 | −0.0853% | 1h | 0.04570 | −0.020% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0656% | 1h | 0.04540 | −0.676% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0258% | 4h | 0.04573 | +0.046% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERPshort | −0.0233% | 1h | 0.04567 | −0.085% | $229K | $18K | 5x | |
| Bybit CHIPUSDT | −0.0192% | 4h | 0.04574 | +0.068% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04548 | −0.501% | $3K | $143K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0159% | 1h | 0.04560 | −0.248% | $109 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0141% | 4h | 0.04556 | −0.326% | $544K | $65K | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04570 | −0.014% | $207K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0128% | 4h | 0.04568 | −0.063% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
Phoenix CHIP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | −0.0126% | 4h | 0.04568 | −0.063% | $13.8M | $26.0M | 50x | as long as short |
| Aster CHIPUSDT | +0.0005% | 4h | 0.04572 | +0.018% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04571 | +0.002% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04577 | +0.131% | $14.4M | $6.8M | 3x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04571 | long leg | $13K | $628 | 3x | |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04568 | −0.063% | $677K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04569 | −0.042% | $977K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04571 | +0.002% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04571 | +0.002% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04545 | −0.559% | $835K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04564 | −0.151% | $1K | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0187% | 1h | 0.04576 | +0.109% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +4.060% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX