Funding you earn now, next payment 21:00 UTC+0.0273%/8h= +29.9% APRpaid last 24h +0.072%
Price spread now: Variational Omni against Phoenix−0.058%69s7-day average +0.045% · 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)+0.260%+$26 on $10k
+Price spread, last 3 days (all we have)+0.310%+$31 · spread now −0.058%, 7d avg +0.045%
=Together, before fees+0.570%+ Points / potential airdropVariational Omni: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.103% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.045%). If the spread goes back, that is −$10 on $10k: about 30 hours of funding at the current rate (+$8 a day). The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CHIP | 0.04548 | −0.0173 | get 0.0022% / 1h | 56m 11s | $3K | $143K | 5x |
| Short | Variational Omni CHIP | 0.04545 | 0.0100 | get 0.0050% / 4h | 1h 56m | $835K | $472K | — |
Phoenix CHIP
Variational Omni CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $57.29
- Price spread: −0.058% → +0.045%
- −$10.33
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $39.96
- Costs to cover
- 0.070%
- Break-even
- 2.1 days
Slippage unknown: Phoenix: live order book, 20 min ago; Variational Omni: RFQ quote, 28 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 Phoenix live order book, 20 min ago | 4.35 bp | 26.5 bp −$26 | 78.7 bp −$787 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 28 min ago | 7.58 bp | doesn't fit | 144.1 bp −$1,441 | doesn't fit | doesn't fit |
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 | +0.484% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0656% | 1h | 0.04540 | −0.176% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0258% | 4h | 0.04572 | +0.528% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0233% | 1h | 0.04567 | +0.418% | $229K | $18K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0192% | 4h | 0.04572 | +0.528% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIPlong | −0.0173% | 1h | 0.04548 | long leg | $3K | $143K | 5x | |
| Aftermath Perps CHIPUSD | −0.0159% | 1h | 0.04560 | +0.254% | $109 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0141% | 4h | 0.04556 | +0.176% | $544K | $65K | 50x | as long as short |
| Extended CHIP-USD | −0.0128% | 1h | 0.04569 | +0.457% | $207K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0128% | 4h | 0.04567 | +0.418% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Bybit CHIPUSDT
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 | 0.04566 | +0.396% | $13.8M | $26.0M | 50x | as long as short |
| Aster CHIPUSDT | +0.0005% | 4h | 0.04571 | +0.509% | $47K | $229K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04571 | +0.506% | $85K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04574 | +0.569% | $14.4M | $6.8M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04571 | +0.504% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04567 | +0.418% | $677K | $901K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04568 | +0.440% | $977K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04570 | +0.484% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04571 | +0.506% | — | $1.9M | — | as long as short |
| Variational Omni CHIPshort | +0.0100% | 4h | 0.04545 | −0.058% | $835K | $472K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04564 | +0.352% | $1K | $1.1M | 10x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0187% | 1h | 0.04576 | +0.613% | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04757 | +4.584% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX