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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h +0.246%
Price spread now: Coinbase International against Variational Omni+3.194%7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 3.194% dearer against Variational Omni than usual: you sell high and buy low: +$319 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CHIP0.047050.0100pay 0.0050% / 4h56m 12s$838K$529K
ShortCoinbase International CHIP-PERP-INTX0.048550.0736get 0.0092% / 1h56m 12s$47K$42K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$133.56
Price spread: +3.194% → 0.000%
$319.4
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$442.96
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Coinbase International: no order-book sample. 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, 3 min ago6.38 bpdoesn't fit123.3 bp −$1,233doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0788%1h0.04738+0.711%$32K$242K5xas long as short
ApeX Omni CHIPUSDT−0.0682%1h0.04710+0.116%$16K$245K50xas long as short
Bybit CHIPUSDT−0.0527%4h0.04736+0.669%$10.9M$9.0M20xas long as short
Phoenix CHIP−0.0337%1h0.04710+0.116%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0322%4h0.04732+0.584%$2.0M$9.6M20xas long as short
Aster CHIPUSDT−0.0093%4h0.04720+0.333%$50K$274K5xas long as short
Nado CHIP-PERP−0.0027%1h0.04717+0.276%$239K$20K5xas long as short
BloFin CHIP-USDT+0.0018%4h0.04689−0.330%$566K$63K50xas long as short
MEXC CHIP_USDT+0.0074%4h0.04731+0.563%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0076%4h0.04732+0.584%$14.3M$26.6M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CHIP-USD+0.0080%1h0.04723+0.392%$216K$1.9M5xas long as short
Lighter CHIP+0.0096%1h0.04727+0.478%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04740+0.756%$14.8M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04704−0.001%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04729+0.520%$689K$948K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04731+0.563%$990K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04731+0.563%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04733+0.605%$1.9Mas long as short
Variational Omni CHIPlong+0.0100%4h0.04705long leg$838K$529K
SunX CHIP-USDT+0.0100%4h0.04722+0.371%$728$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0382%1h0.04713+0.176%$133$38K5xas long as short
Coinbase International CHIP-PERP-INTXshort+0.0736%1h0.04855+3.194%$47K$42K50x
Deribit CHIP_USDC-PERPETUAL+0.0870%1h0.04737+0.690%$10K$24K10xas long as short