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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0301%/8h= −33.0% APRpaid last 24h +0.048%
Price spread now: Nado against SunX+0.033%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2892.888% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.181%+$18 on $10k
Price spread, last 3 days (all we have)−0.500%−$50 · spread now +0.033%, 7d avg +0.007%
Together, before fees−0.320%+ Points / potential airdropNado: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.026% dearer against SunX than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of +0.007%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 3 days funding on this pair paid +0.181%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.045790.0100pay 0.0050% / 4h1h 44m$832$1.1M10x
ShortNado CHIP-PERP0.04581−0.0201pay 0.0025% / 1h44m 01s$229K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$63.26
Price spread: +0.033% → +0.007%
$2.6
Slippage, 4 orders
−$273.84
Fee SunX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$349.49
Costs to cover
2.888%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; Nado: live order book, 38 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, 9 min ago47.00 bp125.6 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 38 min ago5.10 bp20.1 bp −$20doesn'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−0.1223%1h0.04580+0.022%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04575−0.087%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0241%4h0.04581+0.044%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSD−0.0210%1h0.04583+0.081%$146$39K5xas long as short
Nado CHIP-PERPshort−0.0201%1h0.04581+0.033%$229K$18K5x
BloFin CHIP-USDT−0.0124%4h0.04591+0.262%$539K$67K50xas long as short
MEXC CHIP_USDT−0.0122%4h0.04581+0.044%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0120%4h0.04577−0.044%$13.8M$26.0M50xas long as short
Extended CHIP-USD−0.0120%1h0.04582+0.072%$209K$1.3M5xas long as short
Bybit CHIPUSDT−0.0107%4h0.04582+0.066%$10.7M$9.0M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.0032%1h0.04577−0.044%$14K$248K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04586+0.146%$10K$25K10xas long as short
Aster CHIPUSDT+0.0032%4h0.04586+0.153%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04584+0.109%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04588+0.197%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04582+0.066%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04586+0.153%$678K$901K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04583+0.087%$975K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04585+0.131%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.045790.000%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04585+0.132%$844K$472Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04579long leg$832$1.1M10x
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+3.876%$46K$41K50xas long as short