Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03411 | +0.0100 | pay 0.0050% / 4h | 8m 19s | $392K | $77K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.03414 | −0.0066 | pay 0.0033% / 4h | 8m 19s | $1.7M | $4.8M | 20x | Short OKX |
Price gap+0.073%
Funding gap−0.0166% /8h
Funding costs $5 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$44−0.0166% /8h now · paid −0.442% over the last 7D
Price−$1spread +0.073% now, avg +0.080% → −0.007% if it goes back
Costs−$2622.622% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.073%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCHIP on 24 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size115.6 / 26.5 bpAt $10k entering Variational Omni costs 115.6 bp, fee and slippage, 4.4× OKX’s.
- Note: Margin at max leverage$200 + $500Variational Omni 50x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.97Long Variational Omni: 6 payments, −$3.00; short OKX: 6 payments, −$1.97.
- Note: Gap at its usual level+0.073% vs +0.080%The price leg adds little either way.
- Watch: Long leg is thinner$392K vs $1.7M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCVariational Omni No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0210%/8h × 21 periods−$44.16
Price spread+0.073% → +0.080% (7d avg)−$0.68
Slippage, 4 orderslive order books−$252.22
Fee Variational Omni bp × 2 orders$0.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$307.06
Costs to cover2.622%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 36 min ago; OKX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni7.32115.6 bp−$116221.1 bp−$2,211doesn’t fitdoesn’t fit
SELL · SHORTOKX4.3826.5 bp−$27408.0 bp−$4,080doesn’t fitdoesn’t fit
Closing costs about the same again.
CHIP news
posts that mention CHIP, from every exchange| 11-06 04:20 | RISEx | Listing | October vs September, it is up across all metrics: • Total volume: $14.63B (+33%) • Peak 24h volume: $258M (+68%) • RWA volume: $3.65B (+45%) • Peak open interest: $87.4M (+22%) • Active accounts: 13,126 (+12%) • Peak daily active users: 3,902 (+22%) • Fees: $3.57M (+23%) • Average trader size: $970 13 new listings: 6 RWA and 7 crypto RWA: $GOOGL $META $SOXL $LLY $CRWV $EWZ Crypto: $XMR $ENA $ZRO $WLD $MON $STRK $CHIP Together, they have done $164M in volume since listing. Also in October: • TWAP and Scale orders shipped • $MU dividend paid out to holders • Impact Pool: 5 rounds with $900M+ in crossing volume and 440+ big traders rewarded • Kingmaker Cup: Groups B and C kicked off • Community meetups and Trader private dinners at KBW and TOKEN2049 Thank you everyone To higher highs next month! @risextrade on X ↗ |
| 10-30 13:38 | RISEx | Other | Trade them here: $EWZ: $CHIP: @risextrade on X ↗ |
| 10-30 13:38 | RISEx | Listing | Two new markets on RISEx: $EWZ, the iShares MSCI Brazil ETF, at 20x. Most crypto traders barely had a way to trade Brazil $CHIP, the token of the protocol that lends against GPUs, at 5x. It is the AI debt trade onchain @risextrade on X ↗ |
| 10-28 10:42 | TxFlow | Listing | At the community’s request, TxFlow has listed $CHIP. a DeFi protocol that finances AI infrastructure using GPU hardware as onchain collateral, now available with up to 50x leverage. @TxFlow_L1 on X ↗ |
| 10-28 09:24 | RISEx | Listing | new market CHIP/USDC ($CHIP) seen by our collector |
| 10-26 09:17 | TxFlow | Listing | new market CHIP-USDC ($CHIP) seen by our collector |


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