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−0.0218%/8h= −23.9% APRnext payment $1.09 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Variational Omni−0.159%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.068%−$7 · spread now −0.159%, 7d avg −0.042%
Together, before fees−0.070%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.117% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CHIP0.045850.0100pay 0.0050% / 4h1h 41m$844K$472K
ShortBinance CHIPUSDT0.04578−0.0118pay 0.0059% / 4h1h 41m$13.8M$25.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
−$45.81
Price spread: −0.159% → −0.042%
−$11.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$67.49
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Binance: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 42 min ago7.58 bpdoesn't fit128.9 bp −$1,289doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.10 bp19.8 bp −$2083.4 bp −$834doesn'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−0.1258%1h0.04579−0.132%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04586+0.020%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0236%4h0.04580−0.110%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSD−0.0208%1h0.04583−0.048%$110$39K5xas long as short
Nado CHIP-PERP−0.0182%1h0.04581−0.089%$229K$18K5xas long as short
BloFin CHIP-USDT−0.0133%4h0.04577−0.176%$538K$67K50xas long as short
Extended CHIP-USD−0.0120%1h0.04579−0.139%$209K$1.3M5xas long as short
MEXC CHIP_USDT−0.0120%4h0.04576−0.198%$1.8M$1.2M50xas long as short
Binance CHIPUSDTshort−0.0118%4h0.04578−0.159%$13.8M$25.9M50x
Bybit CHIPUSDT−0.0082%4h0.04581−0.089%$10.7M$9.0M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.0006%1h0.04584−0.023%$14K$248K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04585+0.007%$10K$25K10xas long as short
Aster CHIPUSDT+0.0038%4h0.04582−0.064%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04582−0.067%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04587+0.036%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04584−0.028%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04583−0.045%$678K$902K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04580−0.110%$974K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04581−0.089%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04580−0.110%$1.9Mas long as short
Variational Omni CHIPlong+0.0100%4h0.04585long leg$844K$472K
SunX CHIP-USDT+0.0100%4h0.04571−0.307%$1K$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+3.739%$46K$41K50xas long as short