Settings8H · net · $10k
Funding arb · Price arb /

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%
Price spread now: Extended against MEXC+0.010%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1001.002% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.101%−$10 · spread now +0.010%, 7d avg −0.052%
Together, before fees−0.101%+ Points / potential airdropExtended: Active · farm board−$10 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: Extended is 0.062% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.046190.0100pay 0.0050% / 4h1h 54m$1.7M$952K50x
ShortExtended CHIP-USD0.046190.0104get 0.0013% / 1h54m 16s$209K$1.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0.84
Price spread: +0.010% → −0.052%
$6.2
Slippage, 4 orders
−$95.24
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$93.2
Costs to cover
1.002%
Break-even
783.7 days
Slippage from MEXC: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago3.21 bp13.4 bp −$1378.1 bp −$781236.6 bp −$23.7K746.8 bp −$373.4K
Sell Extended live order book, 2 min ago4.09 bp33.4 bp −$33235.9 bp −$2,359doesn't fitdoesn't fit

CHIP on 23 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.1210%1h0.04621+0.043%$26K$177K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0938%1h0.04624+0.108%$9K$2K10xas long as short
ApeX Omni CHIPUSDT−0.0332%1h0.04672+1.147%$16K$246K50xas long as short
Phoenix CHIP−0.0169%1h0.04668+1.061%$3K$130K5xas long as short
Aftermath Perps CHIPUSD−0.0117%1h0.04661+0.902%$90$34K5xas long as short
OKX CHIP-USDT-SWAP−0.0115%4h0.04618−0.022%$2.1M$8.9M20xas long as short
Nado CHIP-PERP−0.0093%1h0.04623+0.076%$234K$17K5xas long as short
Bybit CHIPUSDT−0.0004%4h0.04627+0.173%$10.4M$8.6M20xas long as short
BloFin CHIP-USDT+0.0040%4h0.04648+0.628%$564K$114K50xas long as short
Lighter CHIP+0.0096%1h0.04622+0.065%$96K$89K3xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CHIP+0.0100%1h0.04627+0.184%$13.8M$5.3M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04624+0.108%$47K$270K5xas long as short
Pacifica CHIP+0.0100%1h0.04627+0.184%$15K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04621+0.039%$13.7M$26.2M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04623+0.087%$707K$784K50xas long as short
MEXC CHIP_USDTlong+0.0100%4h0.04619long leg$1.7M$952K50x
KuCoin CHIPUSDTM+0.0100%4h0.04620+0.022%$949K$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04626+0.152%$1.9M$3.5M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04622+0.065%$1.8Mas long as short
Variational Omni CHIP+0.0100%4h0.04658+0.840%$862K$502Kas long as short
SunX CHIP-USDT+0.0100%4h0.046190.000%$634$941K10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04619+0.010%$209K$1.7M5x
Coinbase International CHIP-PERP-INTX+0.1616%1h0.04641+0.476%$50K$59K50xas long as short