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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h 0.000%
Price spread now: Pacifica against Gate+0.107%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.107% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CHIP_USDT0.046550.0024pay 0.0012% / 4h2h 22m$659K$979K50x
ShortPacifica CHIP0.046600.0100get 0.0013% / 1h22m 30s$16K$3K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$15.96
Price spread: +0.107% → 0.000%
$10.74
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$3.7
Costs to cover
0.230%
Break-even
5.4 days
Slippage unknown: Gate: live order book, 24 min ago; Pacifica: no order-book sample. Net counts fees only.

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, 24 min ago11.81 bp41.3 bp −$41241.4 bp −$2,414doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CHIPUSDT−0.0767%1h0.04627−0.602%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0476%4h0.04678+0.494%$10.6M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0296%4h0.04674+0.408%$2.0M$9.5M20xas long as short
Phoenix CHIP−0.0171%1h0.04629−0.559%$3K$129K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0116%1h0.04640−0.318%$9K$24K10xas long as short
Nado CHIP-PERP−0.0095%1h0.04661+0.140%$236K$18K5xas long as short
KuCoin CHIPUSDTM−0.0048%4h0.04657+0.043%$978K$1.2M50xas long as short
Gate CHIP_USDTlong+0.0024%4h0.04655long leg$659K$979K50x
Aftermath Perps CHIPUSD+0.0062%1h0.04643−0.265%$109$37K5xas long as short
BloFin CHIP-USDT+0.0089%4h0.04642−0.279%$560K$64K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT+0.0094%4h0.04669+0.301%$1.7M$1.2M50xas long as short
Lighter CHIP+0.0096%1h0.04659+0.086%$97K$113K3xas long as short
Extended CHIP-USD+0.0096%1h0.04656+0.027%$211K$1.0M5xas long as short
Binance CHIPUSDT+0.0097%4h0.04669+0.290%$14.0M$27.1M50xas long as short
Hyperliquid CHIP+0.0100%1h0.04673+0.385%$14.5M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04668+0.285%$54K$279K5xas long as short
Pacifica CHIPshort+0.0100%1h0.04660+0.107%$16K$3K3x
Bitget CHIPUSDT+0.0100%4h0.04664+0.193%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04671+0.344%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04651−0.086%$35K$235K5xas long as short
Variational Omni CHIP+0.0100%4h0.04625−0.650%$813K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04635−0.430%$798$1.0M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04717+1.336%$45K$37K50xas long as short