CHIP

Alert

Funding spread now, next payment 16:00 UTC+0.0174%/8h

next payment, per $10,000+$0.22paid, last 24h−0.022%paid, last 7 days−0.973%to open and close $10k−$74

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack CHIP_USDC_PERP	0.04650	−0.0344	get 0.0043% / 1h	33m 44s	$17K	$237K	5x
Short	Phoenix CHIP	0.04662	−0.0171	pay 0.0021% / 1h	33m 44s	$3K	$178K	5x

Funding history

latest

Range statsloading…

click an exchange to add or hide it

latest

Position, each leg$Hold fordaysFee BackpackbpFee PhoenixbpOrdersRate

Slippage from Backpack: live order book, 7 min ago; Phoenix: live order book, 61 min ago.

A gap far from its average can cost days of funding.

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 7 min ago	3.22 bp	10.9 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 61 min ago	4.28 bp	26.1 bp −$26	71.0 bp −$710	doesn't fit	doesn't fit

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni CHIPUSDT	−0.0907%	1h	$13K	$248K	50x	as long as short
Backpack CHIP_USDC_PERPlong	−0.0344%	1h	$17K	$237K	5x
Bybit CHIPUSDT	−0.0246%	4h	$11.0M	$10.5M	20x	as long as short
Phoenix CHIPshort	−0.0171%	1h	$3K	$178K	5x
Nado CHIP-PERP	+0.0009%	1h	$233K	$16K	5x	as long as short
Gate CHIP_USDT	+0.0020%	4h	$691K	$877K	50x	as long as short
Aftermath Perps CHIPUSD	+0.0022%	1h	$173	$41K	5x	as long as short
BloFin CHIP-USDT	+0.0029%	4h	$565K	$160K	50x	as long as short
Extended CHIP-USD	+0.0080%	1h	$212K	$1.3M	5x	as long as short
Binance CHIPUSDT	+0.0082%	4h	$14.3M	$26.8M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC CHIP_USDT	+0.0082%	4h	$2.0M	$1.4M	50x	as long as short
OKX CHIP-USDT-SWAP	+0.0084%	4h	$1.9M	$9.9M	20x	as long as short
Lighter CHIP	+0.0096%	1h	$87K	$110K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	$15.0M	$7.1M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	$45K	$216K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	$13K	$784	3x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	$990K	$1.3M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	$1.9M	$2.9M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	$913K	$445K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	$676	$1.1M	10x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0201%	1h	$10K	$25K	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.1064%	1h	$51K	$35K	50x	as long as short