Funding you earn now, next payment 02:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h 0.000%
Price spread now: Lighter against BloFin+0.129%420s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)−0.314%−$31 · spread now +0.129%, 7d avg +0.003%
=Together, before fees−0.382%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.126% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour. The two prices were read 420 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04644 | 0.0074 | pay 0.0037% / 4h | 2h 42m | $555K | $63K | 50x |
| Short | Lighter CHIP | 0.04650 | 0.0096 | get 0.0012% / 1h | 42m 05s | $86K | $108K | 3x |
BloFin CHIP-USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $4.54
- Price spread: +0.129% → +0.003%
- $12.58
- Slippage, 4 orders
- −$90.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$85
- Costs to cover
- 1.021%
- Break-even
- 138.0 days
Slippage from BloFin: live order book, 24 min ago; Lighter: live order book, 7 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 BloFin live order book, 24 min ago | 1.07 bp | 19.4 bp −$19 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 16.13 bp | 32.9 bp −$33 | 136.6 bp −$1,366 | 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 | −0.0834% | 1h | 0.04646 | +0.043% | $14K | $216K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0389% | 1h | 0.04631 | −0.280% | $16K | $250K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04634 | −0.215% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0017% | 1h | 0.04648 | +0.075% | $234K | $19K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0003% | 4h | 0.04641 | −0.065% | $1.9M | $9.2M | 20x | as long as short |
| BloFin CHIP-USDTlong | +0.0074% | 4h | 0.04644 | long leg | $555K | $63K | 50x | |
| Lighter CHIPshort | +0.0096% | 1h | 0.04650 | +0.129% | $86K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04656 | +0.250% | $14.6M | $6.4M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04648 | +0.084% | $38K | $254K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04650 | +0.131% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04646 | +0.049% | $14.0M | $26.2M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04651 | +0.151% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04653 | +0.194% | $690K | $947K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04644 | 0.000% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04651 | +0.151% | $974K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04648 | +0.086% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04647 | +0.065% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04634 | −0.209% | $870K | $459K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04644 | 0.000% | $899 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04644 | +0.008% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0356% | 1h | 0.04652 | +0.171% | $93 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04715 | +1.520% | $45K | $40K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0933% | 1h | 0.04656 | +0.256% | $10K | $24K | 10x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Deribit CHIP_USDC-PERPETUAL