Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Variational Omni+1.027%7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)−1.207%−$121 · spread now +1.027%, 7d avg −0.015%
=Together, before fees−1.233%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$123 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: Lighter is 1.041% dearer against Variational Omni than usual: you sell high and buy low, +$104 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04656 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $819K | $481K | — |
| Short | Lighter CHIP | 0.04704 | 0.0096 | get 0.0012% / 1h | 43m 58s | $97K | $113K | 3x |
Variational Omni CHIP
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +1.027% → −0.015%
- $104.14
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $103.3
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Lighter: live order book, 50 min ago. 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, 5 min ago | 5.37 bp | doesn't fit | 104.2 bp −$1,042 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 50 min ago | 9.60 bp | 28.8 bp −$29 | 132.2 bp −$1,322 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0492% | 4h | 0.04692 | +0.769% | $10.6M | $9.1M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0294% | 1h | 0.04657 | +0.018% | $16K | $245K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0231% | 4h | 0.04688 | +0.683% | $2.0M | $9.6M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04659 | +0.060% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0016% | 1h | 0.04700 | +0.930% | $238K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04701 | +0.962% | $9K | $24K | 10x | as long as short |
| KuCoin CHIPUSDTM | +0.0036% | 4h | 0.04694 | +0.812% | $981K | $1.1M | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04704 | +1.027% | $97K | $113K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04700 | +0.935% | $14.6M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04701 | +0.957% | $56K | $279K | 5x | as long as short |
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04700 | +0.941% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04691 | +0.758% | $14.1M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04693 | +0.791% | $673K | $965K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04687 | +0.662% | $1.8M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04690 | +0.726% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04687 | +0.662% | — | $2.0M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04656 | long leg | $819K | $481K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04698 | +0.898% | $607 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04686 | +0.646% | $213K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0127% | 4h | 0.04675 | +0.404% | $561K | $64K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0135% | 1h | 0.04671 | +0.324% | $80 | $37K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0435% | 1h | 0.04698 | +0.898% | $35K | $233K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +1.310% | $45K | $37K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX