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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0040%/8h= +4.3% APRpaid last 24h +0.005%
Price spread now: BloFin against Extended+0.168%94s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1141.143% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+1.077%+$108 · spread now +0.168%, 7d avg +0.064%
Together, before fees+1.099%+ Points / potential airdropExtended: Active · farm board+$110 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 BloFin is 0.104% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.064%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.047130.0104pay 0.0013% / 1h55m 32s$219K$1.7M5x
ShortBloFin CHIP-USDT0.047210.0144get 0.0072% / 4h2h 55m$569K$116K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$8.31
Price spread: +0.168% → +0.064%
$10.37
Slippage, 4 orders
−$97.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$95.65
Costs to cover
1.143%
Break-even
87.6 days
Slippage from Extended: live order book, 3 min ago; BloFin: live order book, 16 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 Extended live order book, 3 min ago3.17 bp32.2 bp −$32243.0 bp −$2,430doesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago6.27 bp28.6 bp −$2994.8 bp −$948doesn'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
Phoenix CHIP−0.0167%1h0.04738+0.529%$3K$125K5xas long as short
ApeX Omni CHIPUSDT−0.0142%1h0.04737+0.507%$16K$247K50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0130%1h0.04733+0.423%$10K$13K10xas long as short
Aftermath Perps CHIPUSD−0.0087%1h0.04747+0.722%$179$35K5xas long as short
OKX CHIP-USDT-SWAP+0.0008%4h0.04714+0.019%$2.1M$9.3M20xas long as short
KuCoin CHIPUSDTM+0.0064%4h0.04717+0.083%$1.0M$1.2M50xas long as short
Nado CHIP-PERP+0.0090%1h0.04713+0.009%$238K$18K5xas long as short
Lighter CHIP+0.0096%1h0.04717+0.083%$98K$105K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04722+0.185%$14.5M$5.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04720+0.153%$48K$276K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04720+0.147%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04713−0.002%$14.1M$26.6M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04719+0.125%$10.8M$8.8M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04719+0.125%$710K$945K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04715+0.041%$1.8M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04716+0.062%$2.0M$3.5M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04715+0.041%$1.8Mas long as short
Variational Omni CHIP+0.0100%4h0.04733+0.424%$911K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.04728+0.316%$668$986K10xas long as short
Extended CHIP-USDlong+0.0104%1h0.04713long leg$219K$1.7M5x
BloFin CHIP-USDTshort+0.0144%4h0.04721+0.168%$569K$116K50x
Backpack CHIP_USDC_PERP+0.0483%1h0.04731+0.380%$26K$197K5xas long as short
Coinbase International CHIP-PERP-INTX+0.1552%1h0.05037+6.873%$48K$39K50xas long as short