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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h +0.025%
Price spread now: Nado against BingX−0.116%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−$105as in the Price arb table
costs, in and out, $10k−$960.963% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.158%+$16 on $10k
Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.116%, 7d avg −0.026%
Together, before fees+0.464%+ Points / potential airdropNado: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.090% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.026%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.158%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CHIP-USDT0.047410.0100pay 0.0050% / 4h3h 01m$1.8M
ShortNado CHIP-PERP0.047350.0032get 0.0004% / 1h1m 50s$240K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BingX. 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
−$14.29
Price spread: −0.116% → −0.026%
−$8.95
Slippage, 4 orders
−$79.34
Fee BingX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$119.58
Costs to cover
0.963%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Nado: live order book, 31 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 BingX live order book, 6 min ago5.25 bp28.6 bp −$29114.8 bp −$1,148doesn't fitdoesn't fit
Sell Nado live order book, 31 min ago5.04 bp19.8 bp −$20doesn't fitdoesn'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
ApeX Omni CHIPUSDT−0.0226%1h0.04740−0.021%$16K$247K50xas long as short
Phoenix CHIP−0.0167%1h0.04744+0.063%$3K$122K5xas long as short
Aftermath Perps CHIPUSD−0.0152%1h0.04761+0.419%$151$35K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0045%1h0.04741−0.002%$10K$23K10xas long as short
OKX CHIP-USDT-SWAP−0.0003%4h0.04737−0.084%$2.2M$9.4M20xas long as short
Nado CHIP-PERPshort+0.0032%1h0.04735−0.116%$240K$18K5x
KuCoin CHIPUSDTM+0.0050%4h0.047410.000%$1.0M$1.2M50xas long as short
BloFin CHIP-USDT+0.0062%4h0.04738−0.063%$571K$116K50xas long as short
Lighter CHIP+0.0096%1h0.04738−0.063%$98K$106K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04748+0.141%$14.6M$5.7M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04744+0.069%$48K$275K5xas long as short
Pacifica CHIP+0.0100%1h0.04748+0.137%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04740−0.020%$14.2M$26.8M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04743+0.042%$10.8M$8.9M20xas long as short
Gate CHIP_USDT+0.0100%4h0.047410.000%$713K$1.0M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04740−0.021%$1.8M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04743+0.042%$2.0M$3.5M50xas long as short
BingX CHIP-USDTlong+0.0100%4h0.04741long leg$1.8M
Backpack CHIP_USDC_PERP+0.0100%1h0.04744+0.063%$26K$210K5xas long as short
Variational Omni CHIP+0.0100%4h0.04754+0.268%$917K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.04738−0.063%$551$999K10xas long as short
Extended CHIP-USD+0.0104%1h0.04738−0.059%$219K$1.7M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0896%1h0.05037+6.243%$48K$39K50xas long as short