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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h −0.117%
Price spread now: ApeX Omni against Nado−0.011%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.656% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.353%−$35 on $10k
Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.011%, 7d avg +0.012%
Together, before fees−0.143%+ Points / potential airdropNado: Active · farm board−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.023% cheaper against Nado than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.012%). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.353%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04612−0.0144get 0.0018% / 1h4m 54s$231K$18K5x
ShortApeX Omni CHIPUSDT0.04611−0.0065pay 0.0008% / 1h4m 54s$14K$247K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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
$16.73
Price spread: −0.011% → +0.012%
−$2.27
Slippage, 4 orders
−$48.61
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$51.15
Costs to cover
0.656%
Break-even
28.4 days
Slippage from Nado: live order book, 13 min ago; ApeX Omni: live order book, 12 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 Nado live order book, 13 min ago4.77 bp14.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 12 min ago8.68 bp16.3 bp −$16131.9 bp −$1,319doesn't fitdoesn't fit

CHIP on 23 venues

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−0.1255%1h0.04608−0.076%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04614+0.054%$3K$143K5xas long as short
Nado CHIP-PERPlong−0.0144%1h0.04612long leg$231K$18K5x
OKX CHIP-USDT-SWAP−0.0137%4h0.04607−0.098%$1.9M$9.2M20xas long as short
Aftermath Perps CHIPUSD−0.0122%1h0.04612+0.008%$71$39K5xas long as short
ApeX Omni CHIPUSDTshort−0.0065%1h0.04611−0.011%$14K$247K50x
BloFin CHIP-USDT−0.0033%4h0.04607−0.098%$541K$67K50xas long as short
Extended CHIP-USD−0.0032%1h0.04606−0.128%$210K$1.3M5xas long as short
Binance CHIPUSDT−0.0029%4h0.04604−0.163%$13.8M$26.0M50xas long as short
MEXC CHIP_USDT−0.0028%4h0.04604−0.163%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04611−0.007%$10K$25K10xas long as short
Bybit CHIPUSDT+0.0043%4h0.04607−0.098%$10.7M$8.9M20xas long as short
Lighter CHIP+0.0096%1h0.04609−0.054%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04612+0.020%$14.5M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04612+0.009%$49K$231K5xas long as short
Pacifica CHIP+0.0100%1h0.04613+0.030%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04610−0.033%$681K$911K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04608−0.076%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04609−0.054%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04607−0.098%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04613+0.030%$849K$453Kas long as short
SunX CHIP-USDT+0.0100%4h0.04609−0.054%$676$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04636+0.529%$45K$40K50xas long as short