CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.016%

Price spread now: Hyperliquid against Aftermath Perps−0.208%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Hyperliquid

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 0.208% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.208% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CHIPUSD	0.04590	0.0051	pay 0.0006% / 1h	44m 43s	$85	$39K	5x
Short	Hyperliquid CHIP	0.04580	0.0100	get 0.0013% / 1h	44m 43s	$14.7M	$6.6M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee HyperliquidbpOrdersPrice spread, now −0.208%Rate

Funding earned: $10.38
Price spread: −0.208% → 0.000%: −$20.78
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$28.4
Costs to cover: 0.180%
Break-even: 26.1 days

Slippage unknown: Aftermath Perps: no order-book sample; Hyperliquid: live order book, 8 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 8 min ago	0.98 bp	12.5 bp −$12	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack CHIP_USDC_PERP	−0.2133%	1h	0.04573	−0.369%	$16K	$234K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0761%	1h	0.04583	−0.151%	$14K	$248K	50x	as long as short
Bybit CHIPUSDT	−0.0459%	4h	0.04576	−0.304%	$10.7M	$8.9M	20x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0383%	1h	0.04578	−0.269%	$10K	$24K	10x	as long as short
OKX CHIP-USDT-SWAP	−0.0196%	4h	0.04574	−0.347%	$1.9M	$9.1M	20x	as long as short
Nado CHIP-PERP	−0.0183%	1h	0.04573	−0.369%	$229K	$18K	5x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04583	−0.151%	$3K	$143K	5x	as long as short
Binance CHIPUSDT	−0.0094%	4h	0.04571	−0.413%	$13.8M	$25.6M	50x	as long as short
Extended CHIP-USD	−0.0088%	1h	0.04573	−0.358%	$209K	$1.3M	5x	as long as short
MEXC CHIP_USDT	−0.0088%	4h	0.04571	−0.413%	$1.8M	$1.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CHIP-USDT	−0.0075%	4h	0.04571	−0.413%	$548K	$65K	50x	as long as short
Aster CHIPUSDT	−0.0070%	4h	0.04580	−0.208%	$41K	$226K	5x	as long as short
Aftermath Perps CHIPUSDlong	+0.0051%	1h	0.04590	long leg	$85	$39K	5x
Lighter CHIP	+0.0096%	1h	0.04575	−0.325%	$85K	$110K	3x	as long as short
Hyperliquid CHIPshort	+0.0100%	1h	0.04580	−0.208%	$14.7M	$6.6M	3x
Pacifica CHIP	+0.0100%	1h	0.04574	−0.341%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04580	−0.217%	$688K	$898K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04575	−0.325%	$987K	$1.0M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04575	−0.325%	$1.9M	$3.0M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04573	−0.369%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04582	−0.183%	$834K	$463K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04569	−0.456%	$639	$1.0M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0816%	1h	0.04757	+3.629%	$46K	$41K	50x	as long as short