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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BingX−0.044%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3013.012% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.374%+$37 · spread now −0.044%, 7d avg −0.040%
Together, before fees+0.377%+$38 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CHIP-USDT0.045870.0100pay 0.0050% / 4h2h 08m$1.9M
ShortSunX CHIP-USDT0.045850.0100get 0.0050% / 4h2h 08m$1K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −0.044% → −0.040%
−$0.38
Slippage, 4 orders
−$283.16
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$301.54
Costs to cover
3.012%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; SunX: live order book, 4 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, 8 min ago5.43 bp19.8 bp −$2054.5 bp −$545doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago48.01 bp130.3 bp −$130doesn'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−0.0652%1h0.04589+0.044%$14K$248K50xas long as short
Backpack CHIP_USDC_PERP−0.0626%1h0.045870.000%$16K$234K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0425%1h0.04590+0.074%$10K$24K10xas long as short
Bybit CHIPUSDT−0.0372%4h0.04589+0.044%$10.7M$8.9M20xas long as short
OKX CHIP-USDT-SWAP−0.0274%4h0.04589+0.044%$1.9M$9.1M20xas long as short
BloFin CHIP-USDT−0.0176%4h0.04583−0.087%$544K$66K50xas long as short
Phoenix CHIP−0.0173%1h0.04589+0.044%$3K$143K5xas long as short
Nado CHIP-PERP−0.0171%1h0.04589+0.055%$230K$18K5xas long as short
Extended CHIP-USD−0.0120%1h0.04588+0.012%$209K$1.3M5xas long as short
Binance CHIPUSDT−0.0120%4h0.04584−0.065%$13.8M$25.7M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT−0.0118%4h0.04585−0.044%$1.8M$1.2M50xas long as short
Aftermath Perps CHIPUSD−0.0074%1h0.04597+0.217%$116$39K5xas long as short
Aster CHIPUSDT−0.0004%4h0.04594+0.144%$45K$227K5xas long as short
Lighter CHIP+0.0096%1h0.04588+0.022%$85K$110K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04595+0.177%$14.8M$6.4M3xas long as short
Pacifica CHIP+0.0100%1h0.04590+0.065%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04591+0.087%$680K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04590+0.065%$981K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04593+0.131%$2.0M$3.0M50xas long as short
BingX CHIP-USDTlong+0.0100%4h0.04587long leg$1.9M
Variational Omni CHIP+0.0100%4h0.04590+0.074%$837K$462Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04585−0.044%$1K$1.1M10x
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+3.695%$46K$41K50xas long as short