Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX−0.563%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3053.051% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)+0.394%+$39 · spread now −0.563%, 7d avg +0.043%
=Together, before fees+0.330%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.606% cheaper against SunX than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CHIP-USDT | 0.04618 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $752 | $1.0M | 10x |
| Short | Lighter CHIP | 0.04592 | 0.0096 | get 0.0012% / 1h | 55m 28s | $85K | $108K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- −$0.84
- Price spread: −0.563% → +0.043%
- −$60.6
- Slippage, 4 orders
- −$297.13
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$366.57
- Costs to cover
- 3.051%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; Lighter: live order book, 59 min ago.
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 SunX live order book, 7 min ago | 46.13 bp | 125.2 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 16.21 bp | 19.8 bp −$20 | 117.9 bp −$1,179 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.1319% | 1h | 0.04662 | +0.953% | $16K | $251K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0750% | 1h | 0.04619 | +0.022% | $14K | $224K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04655 | +0.801% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0073% | 1h | 0.04596 | −0.466% | $231K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0023% | 4h | 0.04585 | −0.715% | $1.9M | $9.0M | 20x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04592 | −0.563% | $85K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04601 | −0.377% | $14.4M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04591 | −0.585% | $48K | $254K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04593 | −0.544% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04591 | −0.590% | $13.8M | $26.2M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04590 | −0.606% | $10.7M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04594 | −0.520% | $673K | $908K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04591 | −0.585% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04593 | −0.541% | $962K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04588 | −0.650% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04592 | −0.563% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04631 | +0.277% | $870K | $458K | — | as long as short |
| SunX CHIP-USDTlong | +0.0100% | 4h | 0.04618 | long leg | $752 | $1.0M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04595 | −0.489% | $213K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0138% | 4h | 0.04653 | +0.758% | $552K | $65K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0294% | 1h | 0.04655 | +0.800% | $118 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +2.092% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.1306% | 1h | 0.04635 | +0.362% | $10K | $24K | 10x | as long as short |
SunX CHIP-USDT
Lighter CHIP
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL