CHIP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	RISExCHIP/USDC	0.04239	+0.0362	pay 0.0045% / 1h	52m 13s	$12K	$200K	5x	Long RISExInvite
SHORT	LighterCHIP	0.04237	+0.0096	get 0.0012% / 1h	52m 13s	$174K	$460K	3x	Short Lighter7d free

Price gap−0.040%

Funding gap−0.0266% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.098% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$1−0.0266% /8h now · paid −0.010% over the last 22 hours (all we have)

Price−$10spread −0.040% now, avg +0.058% → −0.098% if it goes back

Costs−$490.492% of $10k · taker + slippage, in and out

Result−$60−0.60%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 22 hours it paid −0.010% in total, about −0.0037%/8h on average.

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−0.040%

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

3 ok · 3 to watch

Watch: Thin at this size8.4 / 17.0 bp
At $10k entering Lighter costs 17.0 bp, fee and slippage, 2.0× RISEx’s.
Note: Margin at max leverage$2,000 + $3,333
RISEx 5x, Lighter 3x. 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: −$7.97Long RISEx: 24 payments, −$10.85; short Lighter: 24 payments, +$2.88.
Watch: Gap narrower than usual−0.040% vs +0.058%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$12K vs $174K OI
RISEx sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legRISEx No · Lighter 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−0.0037%/8h × 21 periods−$7.86

Price spread−0.040% → +0.058% (7d avg)−$9.80

Slippage, 4 orderslive order books−$43.17

Fee RISEx bp × 2 orders−$6.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k−$66.83

Costs to cover0.492%Break-evennever at this rate

Slippage: RISEx: live order book, 50 min ago; Lighter: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGRISEx1.178.4 bp−$8doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTLighter8.1917.0 bp−$1724.2 bp−$242doesn’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