CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0787%/8h= −86.2% APRnext payment −$0.98 per $10,000 · paid last 24h −0.211%

Price spread now: Nado against Coinbase International−2.241%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Nado is 2.241% cheaper against Coinbase International than usual: you would sell low and buy high (−$224 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International CHIP-PERP-INTX	0.04855	0.0832	pay 0.0104% / 1h	9m 55s	$47K	$42K	50x
Short	Nado CHIP-PERP	0.04746	0.0045	get 0.0006% / 1h	9m 55s	$239K	$19K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee NadobpOrdersPrice spread, now −2.241%Rate

Funding earned: −$165.28
Price spread: −2.241% → 0.000%: −$224.11
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$406.39
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: no order-book sample; Nado: live order book, 53 min ago. Net counts fees only.

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 Coinbase International no order-book sample	—	—	—	—	—
Sell Nado live order book, 53 min ago	5.68 bp	18.9 bp −$19	doesn't fit	doesn't fit	doesn't fit

Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
ApeX Omni CHIPUSDT	−0.0634%	1h	0.04769	−1.767%	$16K	$246K	50x	as long as short
Bybit CHIPUSDT	−0.0587%	4h	0.04742	−2.323%	$10.9M	$8.9M	20x	as long as short
Backpack CHIP_USDC_PERP	−0.0424%	1h	0.04743	−2.303%	$30K	$239K	5x	as long as short
Phoenix CHIP	−0.0337%	1h	0.04777	−1.603%	$3K	$130K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0296%	4h	0.04736	−2.447%	$2.0M	$9.6M	20x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0171%	1h	0.04748	−2.190%	$10K	$24K	10x	as long as short
Aster CHIPUSDT	−0.0082%	4h	0.04748	−2.198%	$47K	$273K	5x	as long as short
BloFin CHIP-USDT	+0.0033%	4h	0.04753	−2.097%	$573K	$63K	50x	as long as short
Nado CHIP-PERPshort	+0.0045%	1h	0.04746	−2.241%	$239K	$19K	5x
MEXC CHIP_USDT	+0.0078%	4h	0.04735	−2.468%	$1.8M	$1.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CHIPUSDT	+0.0079%	4h	0.04737	−2.426%	$14.4M	$26.5M	50x	as long as short
Extended CHIP-USD	+0.0080%	1h	0.04734	−2.483%	$219K	$1.9M	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04742	−2.323%	$88K	$107K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04750	−2.157%	$14.9M	$6.2M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04756	−2.043%	$14K	$689	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04746	−2.241%	$701K	$951K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04744	−2.282%	$989K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04735	−2.468%	$2.0M	$3.3M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04737	−2.426%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04748	−2.209%	$845K	$529K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04737	−2.426%	$747	$1.0M	10x	as long as short
Aftermath Perps CHIPUSD	+0.0397%	1h	0.04781	−1.530%	$224	$38K	5x	as long as short
Coinbase International CHIP-PERP-INTXlong	+0.0832%	1h	0.04855	long leg	$47K	$42K	50x