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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Hyperliquid against Extended+0.174%7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1051.046% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.136%+$14 on $10k
Price spread, last 7 days+0.136%+$14 · spread now +0.174%, 7d avg +0.255%
Together, before fees+0.272%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$27 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: Hyperliquid is 0.081% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.255%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.046700.0104pay 0.0013% / 1h21m 01s$212K$1.0M5x
ShortHyperliquid CHIP0.046780.0100get 0.0013% / 1h21m 01s$14.5M$6.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$0.84
Price spread: +0.174% → +0.255%
−$8.1
Slippage, 4 orders
−$90.57
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$113.51
Costs to cover
1.046%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Hyperliquid: live order book, 12 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, 2 min ago3.56 bp30.6 bp −$31240.3 bp −$2,403doesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago1.29 bp21.9 bp −$22doesn'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−0.0706%1h0.04644−0.561%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0446%4h0.04676+0.124%$10.6M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0291%4h0.04670−0.004%$2.0M$9.5M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0263%1h0.04675+0.107%$9K$24K10xas long as short
Phoenix CHIP−0.0171%1h0.04629−0.882%$3K$129K5xas long as short
Nado CHIP-PERP−0.0101%1h0.04684+0.306%$237K$18K5xas long as short
KuCoin CHIPUSDTM−0.0032%4h0.04677+0.146%$982K$1.2M50xas long as short
Aftermath Perps CHIPUSD+0.0062%1h0.04652−0.399%$109$37K5xas long as short
Gate CHIP_USDT+0.0086%4h0.04684+0.296%$663K$980K50xas long as short
Lighter CHIP+0.0096%1h0.04670−0.004%$97K$113K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT+0.0096%4h0.04668−0.047%$1.7M$1.2M50xas long as short
Hyperliquid CHIPshort+0.0100%1h0.04678+0.174%$14.5M$6.1M3x
Aster CHIPUSDT+0.0100%4h0.04675+0.097%$54K$279K5xas long as short
Pacifica CHIP+0.0100%1h0.04691+0.448%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04671+0.017%$14.0M$27.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04670−0.004%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04670−0.004%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04674+0.082%$34K$235K5xas long as short
Variational Omni CHIP+0.0100%4h0.04675+0.107%$823K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04676+0.124%$782$1.0M10xas long as short
Extended CHIP-USDlong+0.0104%1h0.04670long leg$212K$1.0M5x
BloFin CHIP-USDT+0.0133%4h0.04661−0.197%$557K$64K50xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04717+1.007%$45K$37K50xas long as short