Funding you earn now, next payment 11:00 UTC−0.0992%/8h= −108.7% APRnext payment −$1.24 per $10,000 · paid last 24h −0.111%
Price spread now: ApeX Omni against Lighter−0.087%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.087%, 7d avg −0.026%
=Together, before fees−0.325%+ Points / potential airdropLighter: Season 3 · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and ApeX Omni is 0.061% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.408% in total (about -21.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.24 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04604 | 0.0096 | pay 0.0012% / 1h | 7m 27s | $96K | $89K | 3x |
| Short | ApeX Omni CHIPUSDT | 0.04600 | −0.0896 | pay 0.0112% / 1h | 7m 27s | $16K | $229K | 50x |
Lighter CHIP
ApeX Omni CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$208.4
- Price spread: −0.087% → −0.026%
- −$6.13
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$224.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; ApeX Omni: live order book, 37 min ago. Net counts fees only.
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 Lighter no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 37 min ago | 7.55 bp | 15.3 bp −$15 | 119.1 bp −$1,191 | doesn't fit | doesn't fit |
Lighter: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDTshort | −0.0896% | 1h | 0.04600 | −0.087% | $16K | $229K | 50x | |
| Deribit CHIP_USDC-PERPETUAL | −0.0877% | 1h | 0.04607 | +0.067% | $9K | $2K | 10x | as long as short |
| Aftermath Perps CHIPUSD | −0.0417% | 1h | 0.04606 | +0.039% | $139 | $33K | 5x | as long as short |
| Phoenix CHIP | −0.0343% | 1h | 0.04597 | −0.152% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0303% | 4h | 0.04603 | −0.022% | $2.1M | $7.4M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0235% | 4h | 0.04606 | +0.043% | $10.4M | $7.9M | 20x | as long as short |
| Nado CHIP-PERP | −0.0194% | 1h | 0.04602 | −0.054% | $233K | $17K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0192% | 1h | 0.04606 | +0.043% | $28K | $189K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.0008% | 4h | 0.04603 | −0.022% | $953K | $1.0M | 50x | as long as short |
| Aster CHIPUSDT | +0.0054% | 4h | 0.04604 | 0.000% | $47K | $243K | 5x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
Phoenix CHIP
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
Nado CHIP-PERP
Backpack CHIP_USDC_PERP
KuCoin CHIPUSDTM
Aster CHIPUSDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIPlong | +0.0096% | 1h | 0.04604 | long leg | $96K | $89K | 3x | |
| BloFin CHIP-USDT | +0.0098% | 4h | 0.04596 | −0.174% | $558K | $110K | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04609 | +0.106% | $13.7M | $5.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04602 | −0.041% | $15K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04601 | −0.065% | $13.7M | $22.4M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04603 | −0.022% | $711K | $796K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04601 | −0.065% | $2.1M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04603 | −0.022% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04603 | −0.022% | — | $1.8M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04595 | −0.188% | $851K | $454K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04595 | −0.195% | $602 | $805K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04602 | −0.054% | $210K | $1.6M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1616% | 1h | 0.04666 | +1.347% | $50K | $51K | 50x | as long as short |
BloFin CHIP-USDT
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX