Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Gate against Hyperliquid+0.063%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days−0.209%−$21 · spread now +0.063%, 7d avg −0.093%
=Together, before fees−0.346%+ Points / potential airdropHyperliquid: Season 2 · farm board−$35 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: Gate is 0.156% dearer against Hyperliquid than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04590 | 0.0100 | pay 0.0013% / 1h | 51m 56s | $14.7M | $6.6M | 3x |
| Short | Gate CHIP_USDT | 0.04593 | 0.0100 | get 0.0050% / 4h | 2h 51m | $699K | $891K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- Price spread: +0.063% → −0.093%
- $15.61
- Slippage, 4 orders
- −$88.37
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$96.76
- Costs to cover
- 1.124%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Gate: live order book, 34 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, 11 min ago | 1.08 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 12.86 bp | 43.1 bp −$43 | 251.6 bp −$2,516 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.2107% | 1h | 0.04585 | −0.111% | $16K | $235K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.1119% | 1h | 0.04620 | +0.651% | $14K | $249K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0451% | 4h | 0.04585 | −0.111% | $10.7M | $8.9M | 20x | as long as short |
| Nado CHIP-PERP | −0.0181% | 1h | 0.04587 | −0.057% | $230K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04589 | −0.024% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0156% | 4h | 0.04581 | −0.198% | $1.9M | $9.1M | 20x | as long as short |
| Aster CHIPUSDT | −0.0081% | 4h | 0.04593 | +0.060% | $41K | $226K | 5x | as long as short |
| Extended CHIP-USD | −0.0080% | 1h | 0.04580 | −0.219% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0079% | 4h | 0.04580 | −0.222% | $13.8M | $25.6M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0076% | 4h | 0.04583 | −0.155% | $1.8M | $1.2M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.0071% | 4h | 0.04591 | +0.020% | $546K | $71K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04593 | +0.063% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0070% | 1h | 0.04611 | +0.456% | $85 | $39K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04586 | −0.089% | $85K | $110K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04590 | long leg | $14.7M | $6.6M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04590 | −0.002% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04593 | +0.063% | $699K | $891K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04586 | −0.089% | $986K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04590 | −0.002% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04583 | −0.155% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04622 | +0.694% | $842K | $463K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04586 | −0.089% | $964 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.625% | $46K | $41K | 50x | as long as short |
Hyperliquid CHIP
Gate CHIP_USDT
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDT
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Lighter CHIP
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX