Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget+0.105%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.772%−$77 · spread now +0.105%, 7d avg −0.040%
=Together, before fees−0.835%+ Points / potential airdropLighter: Season 3 · farm board−$84 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: Lighter is 0.144% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CHIPUSDT | 0.04781 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $2.0M | $3.3M | 50x |
| Short | Lighter CHIP | 0.04786 | 0.0096 | get 0.0012% / 1h | 36m 11s | $89K | $107K | 3x |
Bitget CHIPUSDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: +0.105% → −0.040%
- $14.44
- Slippage, 4 orders
- −$86.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$85.2
- Costs to cover
- 0.988%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 4.20 bp | 14.9 bp −$15 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 10.52 bp | 26.5 bp −$26 | 130.4 bp −$1,304 | doesn't fit | doesn't fit |
CHIP on 23 venues
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 | −0.1274% | 1h | 0.04764 | −0.356% | $28K | $235K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0441% | 1h | 0.04747 | −0.711% | $17K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0371% | 4h | 0.04788 | +0.146% | $11.0M | $8.9M | 20x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04761 | −0.418% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0182% | 4h | 0.04781 | 0.000% | $2.0M | $9.5M | 20x | as long as short |
| Aster CHIPUSDT | −0.0001% | 4h | 0.04780 | −0.011% | $46K | $271K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0058% | 4h | 0.04757 | −0.502% | $568K | $63K | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04786 | +0.105% | $89K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04793 | +0.261% | $15.0M | $6.0M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04773 | −0.167% | $14K | $689 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
BloFin CHIP-USDT
Hyperliquid CHIP
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04784 | +0.063% | $14.5M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04776 | −0.105% | $705K | $946K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04782 | +0.021% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04776 | −0.105% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDTlong | +0.0100% | 4h | 0.04781 | long leg | $2.0M | $3.3M | 50x | |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04781 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04739 | −0.887% | $843K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04760 | −0.439% | $803 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04779 | −0.038% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0349% | 1h | 0.04760 | −0.441% | $141 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0418% | 1h | 0.04792 | +0.226% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | +0.0537% | 1h | 0.04777 | −0.084% | $241K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.153% | $46K | $41K | 50x | as long as short |
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX