CHIP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixCHIP	0.04141	0	0.0000% / 1h	59m 28s	$128K	$179K	5x	Long Phoenix
SHORT	TxFlowCHIP-USDC	0.04147	+0.0100	get 0.0013% / 1h	59m 28s	$65K	$464K	50x	Short TxFlow5% off

Price gap+0.145%

Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.405% above its 7d average: +$40 more if it goes back.

If you open now and hold

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

Funding$0+0.0100% /8h now · paid −0.004% over the last 4 days (all we have)

Price+$40spread +0.145% now, avg −0.260% → +0.405% if it goes back

Costs−$1281.282% of $10k · taker + slippage, in and out

Result−$88−0.88%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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+0.145%

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

4 ok · 2 to watch

Watch: Thin at this size31.2 / 42.3 bp
At $10k entering TxFlow costs 42.3 bp, fee and slippage, 1.4× Phoenix’s.
Note: Margin at max leverage$2,000 + $200
Phoenix 5x, TxFlow 50x. 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: +$3.00Long Phoenix: 24 payments, $0.00; short TxFlow: 24 payments, +$3.00.
OK: Entry gap works for you+0.145% vs −0.260%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$65K vs $128K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legPhoenix No · TxFlow 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−0.0004%/8h × 21 periods−$0.74

Price spread+0.145% → −0.260% (7d avg)+$40.45

Slippage, 4 orderslive order books−$112.17

Fee Phoenix bp × 2 orders−$7.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$88.46

Costs to cover1.282%Break-evennever at this rate

Slippage: Phoenix: live order book, 25 min ago; TxFlow: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix4.8631.2 bp−$3194.5 bp−$945doesn’t fitdoesn’t fit

SELL · SHORTTxFlow1.2342.3 bp−$42187.7 bp−$1,877doesn’t fitdoesn’t fit

Closing costs about the same again.

CHIP news

posts that mention CHIP, from every exchangeSearch all news →

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