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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Gate−0.424%63s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1161.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.626%+$63 · spread now −0.424%, 7d avg −0.075%
Together, before fees+0.646%+$65 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: BloFin is 0.349% cheaper against Gate than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CHIP_USDT0.047150.0100pay 0.0050% / 4h2h 14m$674K$983K50x
ShortBloFin CHIP-USDT0.046950.0107get 0.0053% / 4h2h 14m$555K$65K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$1.43
Price spread: −0.424% → −0.075%
−$34.93
Slippage, 4 orders
−$89.01
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$149.51
Costs to cover
1.160%
Break-even
741.0 days
Slippage from Gate: live order book, 33 min ago; BloFin: 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 Gate live order book, 33 min ago11.81 bp41.3 bp −$41241.4 bp −$2,414doesn't fitdoesn't fit
Sell BloFin live order book, 12 min ago6.49 bp21.1 bp −$2165.5 bp −$655doesn'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−0.0676%1h0.04691−0.509%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0389%4h0.04716+0.021%$10.6M$9.2M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0302%1h0.04704−0.240%$9K$24K10xas long as short
OKX CHIP-USDT-SWAP−0.0257%4h0.04711−0.085%$2.0M$9.6M20xas long as short
Phoenix CHIP−0.0171%1h0.04699−0.339%$3K$129K5xas long as short
Nado CHIP-PERP−0.0115%1h0.04696−0.403%$238K$18K5xas long as short
KuCoin CHIPUSDTM−0.0034%4h0.047150.000%$986K$1.2M50xas long as short
Aftermath Perps CHIPUSD0.0000%1h0.04688−0.574%$124$36K5xas long as short
Lighter CHIP+0.0096%1h0.04716+0.021%$98K$113K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04722+0.140%$14.6M$6.1M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04714−0.023%$55K$279K5xas long as short
Pacifica CHIP+0.0100%1h0.04701−0.295%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04710−0.113%$14.1M$27.2M50xas long as short
Gate CHIP_USDTlong+0.0100%4h0.04715long leg$674K$983K50x
MEXC CHIP_USDT+0.0100%4h0.04709−0.127%$1.8M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04713−0.042%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04711−0.085%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04719+0.085%$35K$234K5xas long as short
Variational Omni CHIP+0.0100%4h0.04702−0.271%$827K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04696−0.403%$599$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04710−0.111%$214K$1.0M5xas long as short
BloFin CHIP-USDTshort+0.0107%4h0.04695−0.424%$555K$65K50x
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04723+0.163%$45K$37K50xas long as short