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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.04 per $10,000 · paid last 24h +0.043%
Price spread now: Nado against Extended+0.375%51s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.948% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.181%+$18 on $10k
Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.375%, 7d avg +0.044%
Together, before fees−0.062%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.331% dearer against Extended than usual: you sell high and buy low (spread +0.375% now, against its 7-day average of +0.044%): +$33 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 31 days. Mind the row above: over the last 3 days funding on this pair paid +0.181%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.047280.0080pay 0.0010% / 1h9m 40s$219K$1.9M5x
ShortNado CHIP-PERP0.047460.0045get 0.0006% / 1h9m 40s$239K$19K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$7.36
Price spread: +0.375% → +0.044%
$33.09
Slippage, 4 orders
−$82.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$69.03
Costs to cover
0.948%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Nado: live order book, 53 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, 4 min ago2.52 bp31.4 bp −$31232.9 bp −$2,329doesn't fitdoesn't fit
Sell Nado live order book, 53 min ago5.68 bp18.9 bp −$19doesn'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−0.0634%1h0.04769+0.861%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0587%4h0.04739+0.227%$10.9M$8.9M20xas long as short
Backpack CHIP_USDC_PERP−0.0424%1h0.04743+0.312%$30K$239K5xas long as short
Phoenix CHIP−0.0337%1h0.04777+1.031%$3K$130K5xas long as short
OKX CHIP-USDT-SWAP−0.0296%4h0.04732+0.079%$2.0M$9.6M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0171%1h0.04748+0.428%$10K$24K10xas long as short
Aster CHIPUSDT−0.0093%4h0.04744+0.323%$47K$273K5xas long as short
BloFin CHIP-USDT+0.0033%4h0.04753+0.523%$573K$63K50xas long as short
Nado CHIP-PERPshort+0.0045%1h0.04746+0.375%$239K$19K5x
Binance CHIPUSDT+0.0075%4h0.04732+0.083%$14.3M$26.5M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT+0.0078%4h0.04733+0.100%$1.8M$1.2M50xas long as short
Extended CHIP-USDlong+0.0080%1h0.04728long leg$219K$1.9M5x
Lighter CHIP+0.0096%1h0.04737+0.185%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04748+0.422%$14.9M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04737+0.176%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04738+0.206%$699K$952K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04738+0.206%$988K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04732+0.079%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04730+0.037%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04748+0.408%$845K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04737+0.185%$747$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0397%1h0.04781+1.105%$224$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04855+2.676%$47K$42K50xas long as short