CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Lighter−0.042%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1041.035% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.042%, 7d avg −0.037%

Together, before fees−0.064%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CHIP	0.04713	0.0096	pay 0.0012% / 1h	21m 01s	$87K	$108K	3x
Short	Binance CHIPUSDT	0.04711	0.0100	get 0.0050% / 4h	2h 21m	$14.2M	$25.9M	50x

Funding history

latest

Range statsloading…

Binance against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee BinancebpOrdersPrice spread, now −0.042%Rate

Slippage from Lighter: live order book, 28 min ago; Binance: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 28 min ago	16.13 bp	32.5 bp −$33	128.1 bp −$1,281	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	2.14 bp	19.5 bp −$19	87.5 bp −$875	doesn't fit	doesn't fit

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	−0.1216%	1h	0.04711	−0.042%	$16K	$221K	5x	as long as short
Phoenix CHIP	−0.0172%	1h	0.04665	−1.018%	$3K	$129K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0165%	1h	0.04701	−0.255%	$16K	$244K	50x	as long as short
Nado CHIP-PERP	−0.0023%	1h	0.04709	−0.095%	$237K	$19K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0022%	4h	0.04710	−0.064%	$2.0M	$9.3M	20x	as long as short
Lighter CHIPlong	+0.0096%	1h	0.04713	long leg	$87K	$108K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04726	+0.267%	$14.9M	$6.1M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04718	+0.105%	$37K	$255K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04718	+0.095%	$14K	$628	3x	as long as short
Binance CHIPUSDTshort	+0.0100%	4h	0.04711	−0.042%	$14.2M	$25.9M	50x

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CHIPUSDT	+0.0100%	4h	0.04715	+0.042%	$11.0M	$8.6M	20x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04718	+0.106%	$697K	$954K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04712	−0.021%	$1.8M	$1.1M	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04716	+0.064%	$989K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04713	0.000%	$2.0M	$3.2M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04709	−0.085%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04714	+0.024%	$892K	$464K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04711	−0.042%	$832	$1.0M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04710	−0.059%	$214K	$1.9M	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0301%	1h	0.04722	+0.191%	$10K	$24K	10x	as long as short
Aftermath Perps CHIPUSD	+0.0423%	1h	0.04680	−0.704%	$93	$38K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0848%	1h	0.04738	+0.539%	$46K	$40K	50x	as long as short