Funding you earn now, next payment 00:00 UTC+0.0272%/8h= +29.8% APRnext payment +$0.34 per $10,000 · paid last 24h +0.078%
Price spread now: Pacifica against Phoenix−0.002%7-day average — · you buy dearer than you sell
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CHIP | 0.04665 | −0.0172 | get 0.0022% / 1h | 56m 50s | $3K | $128K | 5x |
| Short | Pacifica CHIP | 0.04665 | 0.0100 | get 0.0013% / 1h | 56m 50s | $13K | $628 | 3x |
Phoenix CHIP
Pacifica CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phoenix. 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
- $57.14
- Price spread: −0.002% → 0.000%
- −$0.21
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $41.92
- Costs to cover
- 0.150%
- Break-even
- 1.9 days
Slippage unknown: Phoenix: live order book, 4 min ago; Pacifica: 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 Phoenix live order book, 4 min ago | 4.30 bp | 26.2 bp −$26 | 79.2 bp −$792 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
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 | −0.0493% | 1h | 0.04648 | −0.364% | $14K | $230K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0293% | 1h | 0.04667 | +0.043% | $16K | $251K | 50x | as long as short |
| Phoenix CHIPlong | −0.0172% | 1h | 0.04665 | long leg | $3K | $128K | 5x | |
| Nado CHIP-PERP | −0.0106% | 1h | 0.04661 | −0.075% | $235K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0017% | 4h | 0.04637 | −0.600% | $1.9M | $9.1M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04643 | −0.472% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04646 | −0.397% | $14.6M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04648 | −0.354% | $48K | $237K | 5x | as long as short |
| Pacifica CHIPshort | +0.0100% | 1h | 0.04665 | −0.002% | $13K | $628 | 3x | |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04637 | −0.600% | $14.0M | $26.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04644 | −0.450% | $10.8M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04646 | −0.407% | $686K | $896K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04639 | −0.557% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04649 | −0.343% | $975K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04643 | −0.472% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04638 | −0.579% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04662 | −0.060% | $876K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04659 | −0.129% | $869 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04640 | −0.539% | $216K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0138% | 4h | 0.04653 | −0.257% | $552K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0302% | 1h | 0.04674 | +0.183% | $86 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.063% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1445% | 1h | 0.04668 | +0.060% | $10K | $24K | 10x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL