CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter against BingX0.000%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$860.855% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now 0.000%, 7d avg +0.011%

Together, before fees−0.091%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX CHIP-USDT	0.04597	0.0100	pay 0.0050% / 4h	1h 27m	—	$1.9M	—
Short	Lighter CHIP	0.04597	0.0096	get 0.0012% / 1h	27m 07s	$85K	$109K	3x

Funding history

latest

Range statsloading…

Lighter against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee LighterbpOrdersPrice spread, now 0.000%Rate

Slippage from BingX: live order book, 6 min ago; Lighter: live order book, 46 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 6 min ago	4.35 bp	19.8 bp −$20	56.5 bp −$565	doesn't fit	doesn't fit
Sell Lighter live order book, 46 min ago	11.99 bp	15.2 bp −$15	115.1 bp −$1,151	doesn't fit	doesn't fit

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	−0.1273%	1h	0.04597	0.000%	$16K	$234K	5x	as long as short
Phoenix CHIP	−0.0352%	1h	0.04587	−0.218%	$3K	$143K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0183%	4h	0.04598	+0.022%	$1.9M	$9.1M	20x	as long as short
Aftermath Perps CHIPUSD	−0.0146%	1h	0.04592	−0.118%	$110	$39K	5x	as long as short
Nado CHIP-PERP	−0.0115%	1h	0.04592	−0.098%	$230K	$18K	5x	as long as short
MEXC CHIP_USDT	−0.0084%	4h	0.04594	−0.065%	$1.8M	$1.2M	50x	as long as short
Extended CHIP-USD	−0.0080%	1h	0.04596	−0.028%	$209K	$1.3M	5x	as long as short
Binance CHIPUSDT	−0.0080%	4h	0.04594	−0.060%	$13.8M	$26.0M	50x	as long as short
ApeX Omni CHIPUSDT	−0.0049%	1h	0.04598	+0.022%	$14K	$247K	50x	as long as short
BloFin CHIP-USDT	−0.0031%	4h	0.04591	−0.131%	$538K	$67K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CHIPUSDT	+0.0038%	4h	0.04596	−0.022%	$10.7M	$8.9M	20x	as long as short
Aster CHIPUSDT	+0.0084%	4h	0.04592	−0.116%	$47K	$229K	5x	as long as short
Lighter CHIPshort	+0.0096%	1h	0.04597	0.000%	$85K	$109K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04603	+0.141%	$14.5M	$6.8M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04590	−0.161%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04596	−0.022%	$678K	$904K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04595	−0.044%	$978K	$1.0M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04598	+0.022%	$2.0M	$3.1M	50x	as long as short
BingX CHIP-USDTlong	+0.0100%	4h	0.04597	long leg	—	$1.9M	—
Variational Omni CHIP	+0.0100%	4h	0.04593	−0.089%	$846K	$460K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04579	−0.392%	$691	$1.1M	10x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0598%	1h	0.04603	+0.128%	$10K	$25K	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0824%	1h	0.04757	+3.470%	$46K	$41K	50x	as long as short