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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04705 | 0.0100 | pay 0.0050% / 4h | 56m 12s | $838K | $529K | — |
| Short | Coinbase International CHIP-PERP-INTX | 0.04855 | 0.0736 | get 0.0092% / 1h | 56m 12s | $47K | $42K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 3 min ago | 6.38 bp | doesn't fit | 123.3 bp −$1,233 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0788% | 1h | 0.04738 | +0.711% | $32K | $242K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0682% | 1h | 0.04710 | +0.116% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0527% | 4h | 0.04736 | +0.669% | $10.9M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04710 | +0.116% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0322% | 4h | 0.04732 | +0.584% | $2.0M | $9.6M | 20x | as long as short |
| Aster CHIPUSDT | −0.0093% | 4h | 0.04720 | +0.333% | $50K | $274K | 5x | as long as short |
| Nado CHIP-PERP | −0.0027% | 1h | 0.04717 | +0.276% | $239K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0018% | 4h | 0.04689 | −0.330% | $566K | $63K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0074% | 4h | 0.04731 | +0.563% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0076% | 4h | 0.04732 | +0.584% | $14.3M | $26.6M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CHIP-USD | +0.0080% | 1h | 0.04723 | +0.392% | $216K | $1.9M | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04727 | +0.478% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04740 | +0.756% | $14.8M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04704 | −0.001% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04729 | +0.520% | $689K | $948K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04731 | +0.563% | $990K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04731 | +0.563% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04733 | +0.605% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04705 | long leg | $838K | $529K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04722 | +0.371% | $728 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0382% | 1h | 0.04713 | +0.176% | $133 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXshort | +0.0736% | 1h | 0.04855 | +3.194% | $47K | $42K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | +0.0870% | 1h | 0.04737 | +0.690% | $10K | $24K | 10x | as long as short |
Variational Omni CHIP
Coinbase International CHIP-PERP-INTX
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
BloFin CHIP-USDT
MEXC CHIP_USDT
Binance CHIPUSDT
Extended CHIP-USD
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL