CHIP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixCHIP	0.04309	−0.0187	get 0.0023% / 1h	28m 45s	$134K	$34K	5x	Long Phoenix
SHORT	RISExCHIP/USDC	0.04302	+0.0098	get 0.0012% / 1h	28m 45s	$18K	$615K	5x	Short RISExInvite

Price gap−0.167%59s

Funding gap+0.0284% /8h

Funding pays +$9 a day on $10k, but the gap is 0.073% under its 7d average: −$7 if it goes back, about 20 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$12+0.0284% /8h now · paid +0.119% over the last 2 days (all we have)

Price—spread −0.167%59s now · prices read too far apart to compare

Costs−$720.722% of $10k · taker + slippage, in and out

Result—no pointsneeds both prices read together

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.167%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CHIP on 24 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size31.5 / 4.5 bp
At $10k entering Phoenix costs 31.5 bp, fee and slippage, 7.0× RISEx’s.
Note: Margin at max leverage$2,000 + $2,000
Phoenix 5x, RISEx 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$8.53Long Phoenix: 24 payments, +$5.60; short RISEx: 24 payments, +$2.93.
Watch: Prices read 59 s apart−0.167% vs −0.094%
Part of this gap may be the market moving.
Watch: Short leg is thinner$18K vs $134K OI
RISEx sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPhoenix No · RISEx No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0169%/8h × 21 periods+$35.40

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$59.16

Fee Phoenix bp × 2 orders−$7.00

Fee RISEx bp × 2 orders−$6.00

Net · 7 days · $10k−$36.76

price spread not counted: prices read too far apart

Costs to cover0.722%Break-even14.3 days

Slippage: Phoenix: live order book, 22 min ago; RISEx: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix4.6631.5 bp−$3294.1 bp−$941doesn’t fitdoesn’t fit

SELL · SHORTRISEx1.524.5 bp−$516.8 bp−$168doesn’t fitdoesn’t fit

Closing costs about the same again.

CHIP news

posts that mention CHIP, from every exchangeSearch all news →

10-30 13:38	RISEx	Other	Trade them here: $EWZ: $CHIP: @risextrade on X ↗
10-30 13:38	RISEx	Listing	Two new markets on RISEx: $EWZ, the iShares MSCI Brazil ETF, at 20x. Most crypto traders barely had a way to trade Brazil $CHIP, the token of the protocol that lends against GPUs, at 5x. It is the AI debt trade onchain @risextrade on X ↗
10-28 10:42	TxFlow	Listing	At the community’s request, TxFlow has listed $CHIP. a DeFi protocol that finances AI infrastructure using GPU hardware as onchain collateral, now available with up to 50x leverage. @TxFlow_L1 on X ↗
10-28 09:24	RISEx	Listing	new market CHIP/USDC ($CHIP) seen by our collector
10-26 09:17	TxFlow	Listing	new market CHIP-USDC ($CHIP) seen by our collector