Funding you earn now, next payment 04:00 UTC−0.0438%/8h= −48.0% APRpaid last 24h −0.050%
Price spread now: Bybit against Nado+0.086%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 3 days (all we have)−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.086%, 7d avg +0.070%
=Together, before fees−0.067%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04671 | −0.0091 | get 0.0011% / 1h | 40m 33s | $236K | $20K | 5x |
| Short | Bybit CHIPUSDT | 0.04675 | −0.0529 | pay 0.0265% / 4h | 40m 33s | $10.8M | $9.0M | 20x |
Nado CHIP-PERP
Bybit CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Nado. 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
- −$91.96
- Price spread: +0.086% → +0.070%
- $1.6
- Slippage, 4 orders
- −$91.35
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$199.71
- Costs to cover
- 1.093%
- Break-even
- never at this rate
Slippage from Nado: live order book, 17 min ago; Bybit: live order book, 3 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 Nado live order book, 17 min ago | 5.11 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.14 bp | 42.6 bp −$43 | 150.0 bp −$1,500 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0630% | 1h | 0.04681 | +0.214% | $34K | $245K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0593% | 1h | 0.04671 | 0.000% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDTshort | −0.0529% | 4h | 0.04675 | +0.086% | $10.8M | $9.0M | 20x | |
| Phoenix CHIP | −0.0510% | 1h | 0.04664 | −0.150% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0399% | 4h | 0.04668 | −0.064% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0220% | 1h | 0.04677 | +0.124% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | −0.0105% | 4h | 0.04680 | +0.186% | $51K | $276K | 5x | as long as short |
| Nado CHIP-PERPlong | −0.0091% | 1h | 0.04671 | long leg | $236K | $20K | 5x | |
| BloFin CHIP-USDT | +0.0062% | 4h | 0.04675 | +0.086% | $561K | $63K | 50x | as long as short |
| Extended CHIP-USD | +0.0064% | 1h | 0.04669 | −0.036% | $213K | $1.9M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0066% | 4h | 0.04669 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0067% | 4h | 0.04670 | −0.021% | $14.1M | $26.8M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04674 | +0.064% | $87K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04678 | +0.146% | $14.5M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04675 | +0.079% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04672 | +0.021% | $686K | $956K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04675 | +0.086% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04676 | +0.107% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04672 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04674 | +0.056% | $831K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04669 | −0.043% | $762 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0280% | 1h | 0.04676 | +0.100% | $132 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.935% | $47K | $42K | 50x | as long as short |
MEXC CHIP_USDT
Binance CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX