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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Aster−0.135%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1071.065% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.896%+$90 · spread now −0.135%, 7d avg −0.026%
Together, before fees+0.926%+ Points / potential airdropAster: Stage 5 · farm board+$93 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.109% cheaper against Aster than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.026%). If the spread goes back, that is −$11 on $10k: about 9.7 days of funding at the current rate (+$1 a day). At the pace of the last 6 days (+0.030% in total) that is about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CHIPUSDT0.047310.0006pay 0.0003% / 4h3h 53m$56K$279K5x
ShortBloFin CHIP-USDT0.047250.0043get 0.0022% / 4h3h 53m$569K$65K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$7.83
Price spread: −0.135% → −0.026%
−$10.89
Slippage, 4 orders
−$86.5
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$109.56
Costs to cover
1.065%
Break-even
104.9 days
Slippage from Aster: live order book, 64 min ago; BloFin: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 64 min ago8.49 bp33.7 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 43 min ago1.07 bp27.2 bp −$2773.4 bp −$734doesn'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
Phoenix CHIP−0.0338%1h0.04733+0.034%$3K$137K5xas long as short
OKX CHIP-USDT-SWAP−0.0307%4h0.04727−0.093%$2.0M$9.7M20xas long as short
Nado CHIP-PERP−0.0088%1h0.04723−0.177%$239K$20K5xas long as short
ApeX Omni CHIPUSDT−0.0076%1h0.04734+0.055%$16K$244K50xas long as short
Backpack CHIP_USDC_PERP−0.0013%1h0.04732+0.013%$33K$252K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04731−0.004%$10K$24K10xas long as short
Aster CHIPUSDTlong+0.0006%4h0.04731long leg$56K$279K5x
BloFin CHIP-USDTshort+0.0043%4h0.04725−0.135%$569K$65K50x
MEXC CHIP_USDT+0.0092%4h0.04727−0.093%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0095%4h0.04727−0.093%$14.3M$27.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CHIP+0.0096%1h0.04731−0.008%$97K$114K3xas long as short
Extended CHIP-USD+0.0096%1h0.04724−0.152%$215K$1.9M5xas long as short
Hyperliquid CHIP+0.0100%1h0.04736+0.095%$14.7M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04726−0.118%$16K$3K3xas long as short
Bybit CHIPUSDT+0.0100%4h0.04729−0.051%$10.9M$9.1M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04724−0.156%$684K$978K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04725−0.135%$981K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04726−0.114%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04727−0.093%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04708−0.501%$838K$525Kas long as short
SunX CHIP-USDT+0.0100%4h0.04724−0.156%$820$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0154%1h0.04730−0.029%$134$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+0.710%$46K$41K50xas long as short