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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX+0.021%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3073.074% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−1.272%−$127 · spread now +0.021%, 7d avg +0.037%
Together, before fees−1.275%−$128 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.047560.0100pay 0.0050% / 4h1h 45m$685$1.0M10x
ShortBingX CHIP-USDT0.047570.0100get 0.0050% / 4h1h 45m$1.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: +0.021% → +0.037%
−$1.65
Slippage, 4 orders
−$289.39
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$309.04
Costs to cover
3.074%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; BingX: live order book, 2 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, 8 min ago48.55 bp127.0 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago6.33 bp24.7 bp −$2584.6 bp −$846doesn'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−0.1823%1h0.04759+0.063%$22K$210K5xas long as short
Phoenix CHIP−0.0337%1h0.04740−0.336%$3K$130K5xas long as short
ApeX Omni CHIPUSDT−0.0323%1h0.04733−0.484%$16K$244K50xas long as short
Bybit CHIPUSDT−0.0271%4h0.04764+0.168%$11.0M$8.9M20xas long as short
OKX CHIP-USDT-SWAP−0.0177%4h0.047560.000%$2.0M$9.5M20xas long as short
Aster CHIPUSDT+0.0019%4h0.04761+0.099%$45K$271K5xas long as short
Lighter CHIP+0.0096%1h0.04758+0.042%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04773+0.360%$15.0M$6.1M3xas long as short
Pacifica CHIP+0.0100%1h0.04756+0.008%$14K$6883xas long as short
Binance CHIPUSDT+0.0100%4h0.04759+0.063%$14.4M$26.3M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CHIP_USDT+0.0100%4h0.04761+0.105%$702K$944K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04757+0.021%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04762+0.126%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04759+0.063%$2.0M$3.3M50xas long as short
BingX CHIP-USDTshort+0.0100%4h0.04757+0.021%$1.9M
Variational Omni CHIP+0.0100%4h0.04761+0.098%$843K$527Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04756long leg$685$1.0M10x
Extended CHIP-USD+0.0104%1h0.04757+0.027%$216K$1.9M5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0128%1h0.04770+0.288%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0159%4h0.04749−0.147%$568K$65K50xas long as short
Aftermath Perps CHIPUSD+0.0332%1h0.04752−0.089%$83$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04788+0.679%$46K$41K50xas long as short
Nado CHIP-PERP+0.1012%1h0.04759+0.053%$240K$19K5xas long as short