Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0098%/8h= −10.8% APRnext payment $0.49 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against SunX−0.030%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3183.183% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.029%−$3 on $10k
Price spread, last 3 days (all we have)−0.466%−$47 · spread now −0.030%, 7d avg +0.068%
Together, before fees−0.495%+ Points / potential airdropAster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.098% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.045500.0100pay 0.0050% / 4h1h 57m$997$1.1M10x
ShortAster CHIPUSDT0.045490.0002get 0.0001% / 4h1h 57m$46K$228K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.62
Price spread: −0.030% → +0.068%
−$9.77
Slippage, 4 orders
−$302.27
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$348.66
Costs to cover
3.183%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; Aster: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago47.45 bp127.2 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 24 min ago3.26 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.0799%1h0.04548−0.044%$16K$234K5xas long as short
ApeX Omni CHIPUSDT−0.0656%1h0.04540−0.220%$14K$249K50xas long as short
OKX CHIP-USDT-SWAP−0.0273%4h0.045500.000%$1.9M$9.1M20xas long as short
Bybit CHIPUSDT−0.0231%4h0.04551+0.022%$10.7M$9.0M20xas long as short
Nado CHIP-PERP−0.0229%1h0.04554+0.088%$228K$18K5xas long as short
Phoenix CHIP−0.0173%1h0.04534−0.352%$3K$143K5xas long as short
Aftermath Perps CHIPUSD−0.0154%1h0.04555+0.115%$109$39K5xas long as short
MEXC CHIP_USDT−0.0132%4h0.04545−0.110%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0130%4h0.04546−0.099%$13.7M$26.0M50xas long as short
Extended CHIP-USD−0.0128%1h0.04549−0.026%$206K$1.3M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDT−0.0127%4h0.04546−0.088%$543K$65K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04552+0.044%$9K$25K10xas long as short
Aster CHIPUSDTshort+0.0002%4h0.04549−0.030%$46K$228K5x
Lighter CHIP+0.0096%1h0.04549−0.022%$84K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04554+0.090%$14.4M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04556+0.130%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04552+0.044%$675K$900K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04547−0.066%$971K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.045500.000%$1.9M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04548−0.044%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04545−0.102%$835K$472Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04550long leg$997$1.1M10x
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+4.538%$46K$41K50xas long as short