CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%

Price spread now: KuCoin against Lighter+0.043%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$177as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1621.622% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 4 days (all we have)+0.337%+$34 · spread now +0.043%, 7d avg +0.032%

Together, before fees+0.190%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter CHIP	0.04665	0.0096	pay 0.0012% / 1h	39m 55s	$86K	$107K	3x
Short	KuCoin CHIPUSDTM	0.04667	0.0100	get 0.0050% / 4h	39m 55s	$976K	$1.1M	50x

Funding history

latest

Range statsloading…

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.043%Rate

Slippage from Lighter: live order book, 64 min ago; KuCoin: 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, 64 min ago	10.52 bp	29.6 bp −$30	118.5 bp −$1,185	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	9.62 bp	44.3 bp −$44	481.6 bp −$4,816	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	−0.0647%	1h	0.04669	+0.086%	$33K	$245K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0593%	1h	0.04671	+0.129%	$16K	$245K	50x	as long as short
Bybit CHIPUSDT	−0.0529%	4h	0.04670	+0.107%	$10.7M	$9.0M	20x	as long as short
Phoenix CHIP	−0.0510%	1h	0.04664	−0.021%	$3K	$129K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0435%	1h	0.04671	+0.133%	$10K	$24K	10x	as long as short
OKX CHIP-USDT-SWAP	−0.0399%	4h	0.04665	0.000%	$2.0M	$9.5M	20x	as long as short
Aster CHIPUSDT	−0.0105%	4h	0.04668	+0.075%	$51K	$276K	5x	as long as short
Nado CHIP-PERP	−0.0091%	1h	0.04671	+0.129%	$236K	$20K	5x	as long as short
BloFin CHIP-USDT	+0.0062%	4h	0.04675	+0.214%	$561K	$63K	50x	as long as short
Extended CHIP-USD	+0.0064%	1h	0.04657	−0.165%	$213K	$1.9M	5x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC CHIP_USDT	+0.0066%	4h	0.04664	−0.021%	$1.8M	$1.2M	50x	as long as short
Binance CHIPUSDT	+0.0067%	4h	0.04666	+0.021%	$14.1M	$26.8M	50x	as long as short
Lighter CHIPlong	+0.0096%	1h	0.04665	long leg	$86K	$107K	3x
Hyperliquid CHIP	+0.0100%	1h	0.04666	+0.030%	$14.5M	$6.3M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04675	+0.208%	$16K	$3K	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04669	+0.086%	$685K	$956K	50x	as long as short
KuCoin CHIPUSDTMshort	+0.0100%	4h	0.04667	+0.043%	$976K	$1.1M	50x
Bitget CHIPUSDT	+0.0100%	4h	0.04664	−0.021%	$2.0M	$3.3M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04667	+0.043%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04674	+0.185%	$831K	$529K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04670	+0.107%	$666	$1.0M	10x	as long as short
Aftermath Perps CHIPUSD	+0.0280%	1h	0.04676	+0.229%	$132	$38K	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0736%	1h	0.04855	+4.069%	$47K	$42K	50x	as long as short