Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Lighter−0.063%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$820.816% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.063%, 7d avg −0.031%
=Together, before fees+0.058%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04778 | 0.0096 | pay 0.0012% / 1h | 17m 10s | $99K | $107K | 3x |
| Short | MEXC CHIP_USDT | 0.04775 | 0.0100 | get 0.0050% / 4h | 17m 10s | $1.9M | $1.1M | 50x |
Lighter CHIP
MEXC CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.84
- Price spread: −0.063% → −0.031%
- −$3.18
- Slippage, 4 orders
- −$81.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$83.9
- Costs to cover
- 0.816%
- Break-even
- 706.2 days
Slippage from Lighter: live order book, 67 min ago; MEXC: live order book, 4 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, 67 min ago | 7.24 bp | 22.9 bp −$23 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.05 bp | 17.3 bp −$17 | 98.2 bp −$982 | 254.8 bp −$25.5K | 751.1 bp −$375.6K |
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 | 0.04763 | −0.314% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0292% | 1h | 0.04768 | −0.209% | $17K | $247K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0155% | 4h | 0.04776 | −0.042% | $2.2M | $9.6M | 20x | as long as short |
| Bybit CHIPUSDT | −0.0106% | 4h | 0.04778 | 0.000% | $10.9M | $9.0M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0084% | 4h | 0.04772 | −0.126% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04780 | +0.046% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | +0.0006% | 1h | 0.04773 | −0.094% | $242K | $18K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0055% | 1h | 0.04770 | −0.160% | $87 | $36K | 5x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04778 | long leg | $99K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04785 | +0.142% | $14.8M | $5.9M | 3x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Bybit CHIPUSDT
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP
Aftermath Perps CHIPUSD
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04773 | −0.101% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04776 | −0.038% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04773 | −0.105% | $14.3M | $26.9M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04775 | −0.063% | $679K | $977K | 50x | as long as short |
| MEXC CHIP_USDTshort | +0.0100% | 4h | 0.04775 | −0.063% | $1.9M | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04776 | −0.042% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04777 | −0.021% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04776 | −0.042% | $27K | $213K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04767 | −0.237% | $919K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04774 | −0.084% | $782 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04775 | −0.068% | $220K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0123% | 4h | 0.04770 | −0.167% | $573K | $100K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +1.283% | $46K | $37K | 50x | as long as short |
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX