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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0117%/8h= −12.8% APRnext payment $0.58 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against Variational Omni+0.157%7-day average −0.048% · you sell dearer than you buy
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)−0.070%−$7 on $10k
Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.157%, 7d avg −0.048%
Together, before fees−0.329%+ Points / potential airdropVariational Omni: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.204% dearer against Variational Omni than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.048%): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CHIP0.046420.0100pay 0.0050% / 4h3h 19m$872K$467K
ShortOKX CHIP-USDT-SWAP0.04649−0.0017pay 0.0008% / 4h3h 19m$1.9M$9.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
−$24.51
Price spread: +0.157% → −0.048%
$20.44
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$14.07
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 55 min ago; OKX: live order book, 4 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, 55 min ago5.37 bpdoesn't fit136.4 bp −$1,364doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago3.22 bp25.0 bp −$25174.1 bp −$1,741doesn'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
Backpack CHIP_USDC_PERP−0.1014%1h0.04640−0.037%$14K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0301%1h0.04647+0.113%$17K$249K50xas long as short
Phoenix CHIP−0.0172%1h0.04641−0.016%$3K$140K5xas long as short
Nado CHIP-PERP−0.0150%1h0.04650+0.189%$233K$18K5xas long as short
OKX CHIP-USDT-SWAPshort−0.0017%4h0.04649+0.157%$1.9M$9.1M20x
BloFin CHIP-USDT+0.0064%4h0.04639−0.059%$546K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04650+0.178%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04661+0.411%$14.6M$6.5M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04653+0.241%$48K$237K5xas long as short
Pacifica CHIP+0.0100%1h0.04652+0.221%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04650+0.178%$14.0M$26.0M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04653+0.243%$10.8M$8.7M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04652+0.221%$688K$908K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04650+0.178%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04650+0.178%$973K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04650+0.178%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04652+0.221%$1.9Mas long as short
Variational Omni CHIPlong+0.0100%4h0.04642long leg$872K$467K
SunX CHIP-USDT+0.0100%4h0.04641−0.016%$856$1.1M10xas long as short
Extended CHIP-USD+0.0104%1h0.04647+0.113%$211K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0337%1h0.04646+0.095%$196$38K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0396%1h0.04646+0.096%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04664+0.478%$45K$40K50xas long as short