Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against Hyperliquid−0.307%7-day average −0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now −0.307%, 7d avg −0.254%
=Together, before fees−0.183%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$18 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: Extended is 0.053% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.254%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04776 | 0.0100 | pay 0.0013% / 1h | 37m 27s | $14.8M | $6.0M | 3x |
| Short | Extended CHIP-USD | 0.04761 | 0.0104 | get 0.0013% / 1h | 37m 27s | $216K | $1.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.307% → −0.254%
- −$5.33
- Slippage, 4 orders
- −$81.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.76
- Costs to cover
- 0.953%
- Break-even
- 838.3 days
Slippage from Hyperliquid: live order book, 5 min ago; Extended: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 5 min ago | 2.30 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 4.21 bp | 33.4 bp −$33 | 230.2 bp −$2,302 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0590% | 1h | 0.04758 | −0.381% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0401% | 4h | 0.04764 | −0.251% | $10.7M | $9.1M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0335% | 1h | 0.04773 | −0.063% | $16K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0202% | 4h | 0.04766 | −0.209% | $2.1M | $9.8M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04761 | −0.314% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERP | −0.0122% | 1h | 0.04763 | −0.272% | $241K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0036% | 4h | 0.04757 | −0.398% | $1.0M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0021% | 1h | 0.04757 | −0.407% | $62 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0054% | 4h | 0.04759 | −0.356% | $561K | $91K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04767 | −0.188% | $99K | $107K | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04776 | long leg | $14.8M | $6.0M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04763 | −0.264% | $55K | $272K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04763 | −0.276% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04765 | −0.230% | $14.3M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04760 | −0.335% | $681K | $967K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04763 | −0.272% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04765 | −0.230% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04763 | −0.272% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04757 | −0.398% | $35K | $231K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04768 | −0.164% | $863K | $504K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04750 | −0.544% | $921 | $1.0M | 10x | as long as short |
| Extended CHIP-USDshort | +0.0104% | 1h | 0.04761 | −0.307% | $216K | $1.0M | 5x | |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04797 | +0.429% | $46K | $38K | 50x | as long as short |
Hyperliquid CHIP
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX