Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Extended against Lighter−0.079%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.079%, 7d avg −0.082%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04766 | 0.0096 | pay 0.0012% / 1h | 21m 12s | $99K | $107K | 3x |
| Short | Extended CHIP-USD | 0.04762 | 0.0104 | get 0.0013% / 1h | 21m 12s | $219K | $1.9M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.079% → −0.082%
- $0.31
- Slippage, 4 orders
- −$101.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$104.99
- Costs to cover
- 1.070%
- Break-even
- 444.4 days
Slippage from Lighter: live order book, 63 min ago; Extended: live order book, 2 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, 63 min ago | 7.24 bp | 22.9 bp −$23 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.52 bp | 32.2 bp −$32 | 246.1 bp −$2,461 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04759 | −0.147% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0332% | 1h | 0.04763 | −0.063% | $17K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0175% | 4h | 0.04765 | −0.021% | $2.2M | $9.6M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0142% | 4h | 0.04768 | +0.042% | $10.8M | $9.0M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0090% | 4h | 0.04766 | 0.000% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0044% | 1h | 0.04766 | +0.004% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | −0.0007% | 1h | 0.04763 | −0.063% | $241K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0052% | 4h | 0.04765 | −0.021% | $574K | $100K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0053% | 1h | 0.04767 | +0.018% | $87 | $36K | 5x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04766 | long leg | $99K | $107K | 3x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04772 | +0.134% | $14.7M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04765 | −0.019% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04766 | −0.008% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04761 | −0.096% | $14.3M | $26.9M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04762 | −0.084% | $677K | $977K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04763 | −0.063% | $1.9M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04766 | 0.000% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04764 | −0.042% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04761 | −0.105% | $27K | $220K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04754 | −0.249% | $917K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04761 | −0.105% | $495 | $1.0M | 10x | as long as short |
| Extended CHIP-USDshort | +0.0104% | 1h | 0.04762 | −0.079% | $219K | $1.9M | 5x | |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.538% | $46K | $37K | 50x | as long as short |
Lighter CHIP
Extended CHIP-USD
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX