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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%
Price spread now: Extended against Binance−0.016%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.016%, 7d avg −0.044%
Together, before fees+0.042%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.046810.0100pay 0.0050% / 4h3h 05m$14.1M$26.0M50x
ShortExtended CHIP-USD0.046800.0104get 0.0013% / 1h5m 51s$217K$1.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0.84
Price spread: −0.016% → −0.044%
$2.82
Slippage, 4 orders
−$92.84
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$104.18
Costs to cover
1.078%
Break-even
875.2 days
Slippage from Binance: live order book, 5 min ago; Extended: live order book, 3 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 Binance live order book, 5 min ago1.07 bp18.8 bp −$19100.8 bp −$1,008doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago3.74 bp33.5 bp −$33231.8 bp −$2,318doesn'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
Backpack CHIP_USDC_PERP−0.0688%1h0.04680−0.012%$14K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0257%1h0.04679−0.034%$17K$249K50xas long as short
Phoenix CHIP−0.0172%1h0.04683+0.052%$3K$140K5xas long as short
Nado CHIP-PERP−0.0132%1h0.04680−0.002%$234K$18K5xas long as short
OKX CHIP-USDT-SWAP+0.0012%4h0.04682+0.030%$2.0M$9.1M20xas long as short
Lighter CHIP+0.0096%1h0.04683+0.052%$87K$108K3xas long as short
BloFin CHIP-USDT+0.0099%4h0.04687+0.137%$553K$66K50xas long as short
Hyperliquid CHIP+0.0100%1h0.04694+0.280%$14.7M$6.5M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04685+0.093%$49K$238K5xas long as short
Pacifica CHIP+0.0100%1h0.04690+0.201%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDTlong+0.0100%4h0.04681long leg$14.1M$26.0M50x
Bybit CHIPUSDT+0.0100%4h0.04684+0.073%$10.9M$8.6M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04687+0.137%$694K$911K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04681+0.009%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04687+0.137%$980K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04688+0.158%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04681+0.009%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04679−0.042%$879K$458Kas long as short
SunX CHIP-USDT+0.0100%4h0.04677−0.077%$829$1.1M10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04680−0.016%$217K$1.9M5x
Deribit CHIP_USDC-PERPETUAL+0.0262%1h0.04687+0.141%$10K$24K10xas long as short
Aftermath Perps CHIPUSD+0.0304%1h0.04684+0.072%$87$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04715+0.727%$45K$40K50xas long as short