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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter+0.011%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.131% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.011%, 7d avg +0.023%
Together, before fees+0.008%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CHIP0.046810.0096pay 0.0012% / 1h8m 31s$87K$108K3x
ShortAster CHIPUSDT0.046820.0100get 0.0050% / 4h3h 08m$49K$238K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
$0.84
Price spread: +0.011% → +0.023%
−$1.18
Slippage, 4 orders
−$105.1
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$113.45
Costs to cover
1.131%
Break-even
952.4 days
Slippage from Lighter: live order book, 46 min ago; Aster: live order book, 63 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 Lighter live order book, 46 min ago16.21 bp31.4 bp −$31119.2 bp −$1,192doesn't fitdoesn't fit
Sell Aster live order book, 63 min ago6.47 bp31.7 bp −$32doesn't fitdoesn'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
Backpack CHIP_USDC_PERP−0.0749%1h0.04679−0.043%$14K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0284%1h0.04673−0.171%$17K$249K50xas long as short
Phoenix CHIP−0.0172%1h0.04677−0.085%$3K$140K5xas long as short
Nado CHIP-PERP−0.0140%1h0.04675−0.117%$234K$18K5xas long as short
OKX CHIP-USDT-SWAP+0.0003%4h0.04677−0.085%$1.9M$9.1M20xas long as short
BloFin CHIP-USDT+0.0044%4h0.04672−0.192%$549K$65K50xas long as short
Lighter CHIPlong+0.0096%1h0.04681long leg$87K$108K3x
Hyperliquid CHIP+0.0100%1h0.04690+0.194%$14.7M$6.5M3xas long as short
Aster CHIPUSDTshort+0.0100%4h0.04682+0.011%$49K$238K5x
Pacifica CHIP+0.0100%1h0.04682+0.017%$13K$6283xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04676−0.107%$14.1M$26.0M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04680−0.021%$10.9M$8.6M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04682+0.021%$693K$911K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04675−0.128%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04683+0.043%$980K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04676−0.107%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04676−0.107%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04677−0.091%$879K$458Kas long as short
SunX CHIP-USDT+0.0100%4h0.04675−0.128%$774$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04675−0.129%$212K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0305%1h0.04677−0.087%$86$38K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0647%1h0.04689+0.160%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04696+0.331%$45K$40K50xas long as short