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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.008%
Price spread now: Extended against SunX−0.013%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3263.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−1.186%−$119 · spread now −0.013%, 7d avg −0.032%
Together, before fees−1.203%+ Points / potential airdropExtended: Active · farm board−$120 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.047280.0100pay 0.0050% / 4h54m 22s$815$1.0M10x
ShortExtended CHIP-USD0.047270.0080get 0.0010% / 1h54m 22s$216K$1.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$4.2
Price spread: −0.013% → −0.032%
$1.96
Slippage, 4 orders
−$313.19
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$328.43
Costs to cover
3.262%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Extended: live order book, 4 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 ago47.74 bp126.6 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 4 min ago3.94 bp32.0 bp −$32247.2 bp −$2,472doesn'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
ApeX Omni CHIPUSDT−0.1201%1h0.04689−0.825%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0503%4h0.04731+0.063%$10.9M$9.0M20xas long as short
Backpack CHIP_USDC_PERP−0.0475%1h0.04733+0.106%$33K$243K5xas long as short
OKX CHIP-USDT-SWAP−0.0337%4h0.04725−0.063%$2.0M$9.5M20xas long as short
Phoenix CHIP−0.0337%1h0.04684−0.931%$3K$129K5xas long as short
Aster CHIPUSDT−0.0075%4h0.04736+0.176%$50K$274K5xas long as short
Nado CHIP-PERP−0.0068%1h0.04726−0.042%$239K$20K5xas long as short
BloFin CHIP-USDT+0.0076%4h0.04726−0.042%$570K$63K50xas long as short
MEXC CHIP_USDT+0.0078%4h0.047280.000%$1.8M$1.2M50xas long as short
Extended CHIP-USDshort+0.0080%1h0.04727−0.013%$216K$1.9M5x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0081%4h0.04727−0.021%$14.3M$26.6M50xas long as short
Lighter CHIP+0.0096%1h0.04738+0.212%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04736+0.169%$14.8M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04735+0.152%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04734+0.127%$690K$948K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04732+0.085%$990K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04729+0.021%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04727−0.021%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04729+0.015%$838K$529Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04728long leg$815$1.0M10x
Aftermath Perps CHIPUSD+0.0373%1h0.04720−0.165%$134$38K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0574%1h0.04736+0.159%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.682%$47K$42K50xas long as short