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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h −0.025%
Price spread now: BingX against Aftermath Perps−0.533%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.533% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$53 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CHIPUSD0.046820.0137pay 0.0017% / 1h24m 09s$54$39K5x
ShortBingX CHIP-USDT0.046570.0100get 0.0050% / 4h3h 24m$1.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aftermath Perps. 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
−$7.69
Price spread: −0.533% → 0.000%
−$53.3
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$79.99
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; BingX: live order book, 18 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 Aftermath Perps no order-book sample
Sell BingX live order book, 18 min ago5.31 bp26.1 bp −$2664.2 bp −$642doesn't fitdoesn't fit
Aftermath Perps: 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 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−0.1885%1h0.04659−0.490%$16K$236K5xas long as short
ApeX Omni CHIPUSDT−0.0473%1h0.04674−0.170%$13K$248K50xas long as short
Bybit CHIPUSDT−0.0464%4h0.04659−0.490%$10.9M$8.7M20xas long as short
Phoenix CHIP−0.0338%1h0.04672−0.213%$3K$143K5xas long as short
Nado CHIP-PERP−0.0200%1h0.04657−0.522%$233K$18K5xas long as short
BloFin CHIP-USDT−0.0080%4h0.04656−0.554%$553K$72K50xas long as short
OKX CHIP-USDT-SWAP−0.0055%4h0.04657−0.533%$1.9M$9.1M20xas long as short
Extended CHIP-USD−0.0040%1h0.04656−0.564%$212K$1.3M5xas long as short
Binance CHIPUSDT−0.0037%4h0.04656−0.554%$14.1M$25.4M50xas long as short
MEXC CHIP_USDT−0.0036%4h0.04656−0.554%$1.9M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04663−0.409%$10K$24K10xas long as short
Aster CHIPUSDT+0.0023%4h0.04663−0.397%$41K$210K5xas long as short
Gate CHIP_USDT+0.0052%4h0.04662−0.426%$709K$886K50xas long as short
Lighter CHIP+0.0096%1h0.04660−0.469%$87K$109K3xas long as short
Pacifica CHIP+0.0100%1h0.04660−0.465%$13K$6283xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04660−0.469%$997K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04664−0.384%$2.0M$3.0M50xas long as short
BingX CHIP-USDTshort+0.0100%4h0.04657−0.533%$1.9M
Variational Omni CHIP+0.0100%4h0.04673−0.190%$903K$402Kas long as short
SunX CHIP-USDT+0.0100%4h0.04654−0.597%$445$1.0M10xas long as short
Hyperliquid CHIP+0.0116%1h0.04667−0.326%$15.2M$6.4M3xas long as short
Aftermath Perps CHIPUSDlong+0.0137%1h0.04682long leg$54$39K5x
Coinbase International CHIP-PERP-INTX+0.0784%1h0.04757+1.592%$46K$41K50xas long as short