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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h −0.042%
Price spread now: Bitget against Aftermath Perps+0.070%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.070% dearer against Aftermath Perps than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CHIPUSD0.04585−0.0203get 0.0025% / 1h38m 28s$148$39K5x
ShortBitget CHIPUSDT0.045880.0100get 0.0050% / 4h1h 38m$2.0M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$63.7
Price spread: +0.070% → 0.000%
$7.04
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$49.75
Costs to cover
0.210%
Break-even
1.5 days
Slippage unknown: Aftermath Perps: no order-book sample; Bitget: 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 Aftermath Perps no order-book sample
Sell Bitget live order book, 4 min ago2.18 bp13.0 bp −$1355.2 bp −$552doesn'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−0.1270%1h0.04587+0.049%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04581−0.082%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0226%4h0.04588+0.070%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSDlong−0.0203%1h0.04585long leg$148$39K5x
Nado CHIP-PERP−0.0154%1h0.04585+0.016%$230K$18K5xas long as short
MEXC CHIP_USDT−0.0116%4h0.04583−0.039%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0113%4h0.04585+0.005%$13.8M$25.9M50xas long as short
Extended CHIP-USD−0.0112%1h0.04584−0.024%$209K$1.3M5xas long as short
ApeX Omni CHIPUSDT−0.0109%1h0.04577−0.170%$14K$248K50xas long as short
BloFin CHIP-USDT−0.0094%4h0.04583−0.039%$539K$67K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT−0.0034%4h0.04587+0.049%$10.7M$8.9M20xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04592+0.162%$10K$25K10xas long as short
Aster CHIPUSDT+0.0045%4h0.04586+0.027%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04587+0.049%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04593+0.175%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04586+0.027%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04587+0.049%$678K$902K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04585+0.005%$975K$1.0M50xas long as short
Bitget CHIPUSDTshort+0.0100%4h0.04588+0.070%$2.0M$3.1M50x
BingX CHIP-USDT+0.0100%4h0.04587+0.049%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04580−0.105%$844K$465Kas long as short
SunX CHIP-USDT+0.0100%4h0.04585+0.005%$977$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+3.746%$46K$41K50xas long as short