Funding you earn now, next payment 06:00 UTC−0.0039%/8h= −4.2% APRpaid last 24h −0.006%
Price spread now: BloFin against Lighter−0.022%60s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$890.895% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.022%, 7d avg −0.010%
=Together, before fees+0.424%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04637 | 0.0096 | pay 0.0012% / 1h | 30m 21s | $96K | $113K | 3x |
| Short | BloFin CHIP-USDT | 0.04636 | 0.0057 | get 0.0029% / 4h | 2h 30m | $556K | $64K | 50x |
Lighter CHIP
BloFin CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$8.13
- Price spread: −0.022% → −0.010%
- −$1.11
- Slippage, 4 orders
- −$77.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$98.72
- Costs to cover
- 0.895%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 64 min ago; BloFin: live order book, 61 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 Lighter live order book, 64 min ago | 9.60 bp | 21.0 bp −$21 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 61 min ago | 3.19 bp | 22.5 bp −$23 | 73.5 bp −$735 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0776% | 1h | 0.04632 | −0.108% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0560% | 4h | 0.04635 | −0.043% | $10.5M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0304% | 4h | 0.04633 | −0.086% | $2.0M | $9.5M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04672 | +0.755% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERP | −0.0079% | 1h | 0.04632 | −0.097% | $234K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0073% | 1h | 0.04636 | −0.028% | $9K | $24K | 10x | as long as short |
| KuCoin CHIPUSDTM | −0.0022% | 4h | 0.04636 | −0.022% | $975K | $1.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0042% | 4h | 0.04637 | 0.000% | $662K | $973K | 50x | as long as short |
| BloFin CHIP-USDTshort | +0.0057% | 4h | 0.04636 | −0.022% | $556K | $64K | 50x | |
| MEXC CHIP_USDT | +0.0094% | 4h | 0.04632 | −0.108% | $1.7M | $1.2M | 50x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Gate CHIP_USDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0095% | 4h | 0.04632 | −0.108% | $13.9M | $27.1M | 50x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04637 | long leg | $96K | $113K | 3x | |
| Extended CHIP-USD | +0.0096% | 1h | 0.04630 | −0.146% | $211K | $1.0M | 5x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04642 | +0.114% | $14.4M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04633 | −0.086% | $55K | $279K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04635 | −0.035% | $16K | $3K | 3x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04631 | −0.129% | $1.9M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04632 | −0.108% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04636 | −0.015% | $816K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04632 | −0.108% | $690 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0115% | 1h | 0.04653 | +0.349% | $67 | $37K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0120% | 1h | 0.04637 | 0.000% | $34K | $235K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +1.730% | $45K | $37K | 50x | as long as short |
Binance CHIPUSDT
Extended CHIP-USD
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX