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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h −0.040%
Price spread now: Binance against Nado+0.095%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$760.758% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.176%−$18 on $10k
Price spread, last 4 days (all we have)−0.407%−$41 · spread now +0.095%, 7d avg +0.005%
Together, before fees−0.583%+ Points / potential airdropNado: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.090% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 3 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04745−0.0106get 0.0013% / 1h59m 56s$239K$19K5x
ShortBinance CHIPUSDT0.047500.0100get 0.0050% / 4h1h 59m$14.4M$26.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$43.36
Price spread: +0.095% → +0.005%
$9.02
Slippage, 4 orders
−$58.82
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.43
Costs to cover
0.758%
Break-even
10.8 days
Slippage from Nado: live order book, 3 min ago; Binance: live order book, 11 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, 3 min ago5.68 bp16.1 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.16 bp20.0 bp −$20101.0 bp −$1,010doesn't fitdoesn't fit

CHIP on 22 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−0.1507%1h0.04747+0.032%$13K$222K5xas long as short
ApeX Omni CHIPUSDT−0.0199%1h0.04753+0.158%$17K$244K50xas long as short
Phoenix CHIP−0.0172%1h0.04725−0.432%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0109%4h0.04751+0.116%$2.0M$9.4M20xas long as short
Nado CHIP-PERPlong−0.0106%1h0.04745long leg$239K$19K5x
Bybit CHIPUSDT−0.0090%4h0.04755+0.200%$11.1M$8.7M20xas long as short
Aster CHIPUSDT+0.0079%4h0.04748+0.053%$40K$264K5xas long as short
Lighter CHIP+0.0096%1h0.04748+0.053%$88K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04759+0.289%$14.9M$6.1M3xas long as short
Pacifica CHIP+0.0100%1h0.04751+0.118%$14K$6883xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDTshort+0.0100%4h0.04750+0.095%$14.4M$26.1M50x
Gate CHIP_USDT+0.0100%4h0.04748+0.053%$702K$969K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04743−0.053%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04747+0.032%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04749+0.074%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04745−0.011%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04753+0.151%$901K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04744−0.032%$618$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04749+0.071%$216K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0397%1h0.04751+0.120%$72$38K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0465%1h0.04756+0.225%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04767+0.447%$46K$41K50xas long as short