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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0249%/8h= +27.2% APRpaid last 24h −0.035%
Price spread now: BloFin against Nado−0.021%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$780.780% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.164%−$16 on $10k
Price spread, last 4 days (all we have)+0.474%+$47 · spread now −0.021%, 7d avg +0.027%
Together, before fees+0.310%+ Points / potential airdropNado: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.049% cheaper against Nado than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.027%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 3 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04695−0.0094get 0.0012% / 1h50m 39s$238K$18K5x
ShortBloFin CHIP-USDT0.046940.0155get 0.0077% / 4h1h 50m$559K$66K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$52.24
Price spread: −0.021% → +0.027%
−$4.87
Slippage, 4 orders
−$58.99
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$30.62
Costs to cover
0.780%
Break-even
11.1 days
Slippage from Nado: live order book, 57 min ago; BloFin: live order book, 36 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, 57 min ago5.05 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 36 min ago6.49 bp21.1 bp −$2165.5 bp −$655doesn'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
ApeX Omni CHIPUSDT−0.0513%1h0.04689−0.128%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0306%4h0.04707+0.256%$10.6M$9.2M20xas long as short
OKX CHIP-USDT-SWAP−0.0231%4h0.04705+0.213%$2.1M$9.6M20xas long as short
Backpack CHIP_USDC_PERP−0.0187%1h0.04701+0.128%$35K$235K5xas long as short
Phoenix CHIP−0.0171%1h0.04689−0.128%$3K$128K5xas long as short
Nado CHIP-PERPlong−0.0094%1h0.04695long leg$238K$18K5x
KuCoin CHIPUSDTM−0.0054%4h0.04701+0.128%$986K$1.2M50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04701+0.128%$9K$24K10xas long as short
Aftermath Perps CHIPUSD+0.0012%1h0.04696+0.016%$144$36K5xas long as short
Lighter CHIP+0.0096%1h0.04710+0.319%$98K$107K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid CHIP+0.0100%1h0.04714+0.407%$14.6M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04705+0.223%$55K$274K5xas long as short
Pacifica CHIP+0.0100%1h0.04707+0.260%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04705+0.216%$14.1M$27.2M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04702+0.149%$672K$962K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04704+0.192%$1.7M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04706+0.234%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04707+0.256%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04699+0.090%$846K$501Kas long as short
SunX CHIP-USDT+0.0100%4h0.04684−0.234%$811$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04704+0.197%$213K$1.0M5xas long as short
BloFin CHIP-USDTshort+0.0155%4h0.04694−0.021%$559K$66K50x
Coinbase International CHIP-PERP-INTX+0.0952%1h0.04735+0.848%$45K$37K50xas long as short