Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.061%
Price spread now: Deribit against Lighter−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04699 | 0.0096 | pay 0.0012% / 1h | 28m 10s | $96K | $114K | 3x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04699 | 0 | get 0.0000% / 1h | 28m 10s | $9K | $24K | 10x |
Lighter CHIP
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$20.16
- Price spread: −0.004% → 0.000%
- −$0.43
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$27.59
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; Deribit: no order-book sample. 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 live order book, 6 min ago | 9.60 bp | 21.0 bp −$21 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0742% | 4h | 0.04695 | −0.085% | $10.7M | $9.1M | 20x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04691 | −0.170% | $3K | $137K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0310% | 4h | 0.04695 | −0.085% | $2.0M | $9.7M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0223% | 1h | 0.04700 | +0.021% | $34K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0105% | 1h | 0.04706 | +0.149% | $16K | $245K | 50x | as long as short |
| Nado CHIP-PERP | −0.0032% | 1h | 0.04696 | −0.053% | $238K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | 0.0000% | 1h | 0.04699 | −0.004% | $9K | $24K | 10x | |
| Gate CHIP_USDT | +0.0014% | 4h | 0.04699 | 0.000% | $675K | $986K | 50x | as long as short |
| BloFin CHIP-USDT | +0.0057% | 4h | 0.04701 | +0.043% | $563K | $65K | 50x | as long as short |
| Aster CHIPUSDT | +0.0066% | 4h | 0.04702 | +0.058% | $56K | $279K | 5x | as long as short |
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Gate CHIP_USDT
BloFin CHIP-USDT
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHIPUSDTM | +0.0074% | 4h | 0.04700 | +0.021% | $973K | $1.1M | 50x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04699 | long leg | $96K | $114K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04704 | +0.106% | $14.6M | $6.2M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04700 | +0.021% | $16K | $3K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04694 | −0.114% | $14.2M | $27.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04695 | −0.085% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04699 | 0.000% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04694 | −0.106% | — | $2.0M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | +0.100% | $832K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04695 | −0.085% | $960 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04692 | −0.146% | $214K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0160% | 1h | 0.04697 | −0.045% | $124 | $37K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0744% | 1h | 0.04765 | +1.405% | $46K | $37K | 50x | as long as short |
KuCoin CHIPUSDTM
Hyperliquid CHIP
Pacifica CHIP
Binance CHIPUSDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX