Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.064%
Price spread now: Deribit against Variational Omni+0.716%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 +$1 a day on $10k at the current rate, and Deribit is 0.716% dearer against Variational Omni than usual: you sell high and buy low: +$72 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 | 0.04742 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $899K | $467K | — |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04776 | 0.0148 | get 0.0019% / 1h | 10m 44s | $10K | $24K | 10x |
Variational Omni CHIP
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $10.08
- Price spread: +0.716% → 0.000%
- $71.56
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $74.64
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; Deribit: 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, 58 min ago | 7.47 bp | doesn't fit | 131.3 bp −$1,313 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 22 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 | −0.1377% | 1h | 0.04758 | +0.344% | $16K | $221K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04720 | −0.457% | $3K | $129K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0157% | 1h | 0.04729 | −0.267% | $16K | $244K | 50x | as long as short |
| Nado CHIP-PERP | −0.0066% | 1h | 0.04743 | +0.028% | $239K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0030% | 4h | 0.04749 | +0.155% | $2.0M | $9.4M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04752 | +0.218% | $88K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04767 | +0.528% | $15.0M | $6.2M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04758 | +0.344% | $38K | $261K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04754 | +0.254% | $14K | $604 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04751 | +0.206% | $14.4M | $26.1M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04757 | +0.323% | $11.1M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04763 | +0.450% | $698K | $961K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04752 | +0.218% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04759 | +0.365% | $997K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04759 | +0.365% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04748 | +0.133% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04742 | long leg | $899K | $467K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04747 | +0.112% | $1K | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04747 | +0.108% | $217K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.0148% | 1h | 0.04776 | +0.716% | $10K | $24K | 10x | |
| Aftermath Perps CHIPUSD | +0.0423% | 1h | 0.04728 | −0.281% | $222 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04785 | +0.912% | $46K | $41K | 50x | as long as short |
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX