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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Hyperliquid against Variational Omni−0.242%7-day average +0.153% · 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)+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.242%, 7d avg +0.153%
Together, before fees+0.280%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.395% cheaper against Variational Omni than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.153%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CHIP0.047650.0100pay 0.0050% / 4h7m 02s$848K$527K
ShortHyperliquid CHIP0.047540.0100get 0.0013% / 1h7m 02s$14.7M$6.2M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.242% → +0.153%
−$39.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$48.49
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 52 min ago; Hyperliquid: live order book, 6 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, 52 min ago6.38 bpdoesn't fit123.3 bp −$1,233doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago1.26 bp24.5 bp −$24doesn'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
Phoenix CHIP−0.0510%1h0.04765−0.002%$3K$129K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0508%1h0.04748−0.355%$10K$24K10xas long as short
Backpack CHIP_USDC_PERP−0.0348%1h0.04750−0.317%$34K$251K5xas long as short
OKX CHIP-USDT-SWAP−0.0334%4h0.04742−0.485%$2.0M$9.7M20xas long as short
ApeX Omni CHIPUSDT−0.0328%1h0.04758−0.149%$16K$244K50xas long as short
Bybit CHIPUSDT−0.0262%4h0.04748−0.359%$10.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0124%1h0.04744−0.443%$240K$20K5xas long as short
Aster CHIPUSDT−0.0015%4h0.04751−0.302%$56K$279K5xas long as short
MEXC CHIP_USDT+0.0078%4h0.04744−0.443%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0079%4h0.04743−0.469%$14.3M$26.9M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CHIP-USD+0.0080%1h0.04741−0.503%$217K$1.9M5xas long as short
Lighter CHIP+0.0096%1h0.04747−0.380%$97K$117K3xas long as short
BloFin CHIP-USDT+0.0097%4h0.04738−0.569%$564K$65K50xas long as short
Hyperliquid CHIPshort+0.0100%1h0.04754−0.242%$14.7M$6.2M3x
Pacifica CHIP+0.0100%1h0.04755−0.217%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04750−0.317%$689K$987K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04748−0.359%$988K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04749−0.338%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04744−0.443%$2.0Mas long as short
Variational Omni CHIPlong+0.0100%4h0.04765long leg$848K$527K
SunX CHIP-USDT+0.0100%4h0.04745−0.422%$884$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0167%1h0.04760−0.118%$84$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+1.882%$47K$41K50xas long as short