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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0255%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.046%
Price spread now: Extended against Nado−0.013%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$980.982% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.184%−$18 on $10k
Price spread, last 4 days (all we have)−0.245%−$24 · spread now −0.013%, 7d avg −0.044%
Together, before fees−0.429%+ Points / potential airdropNado: Active · Extended: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.030% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 3 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04730−0.0151get 0.0019% / 1h58m 29s$239K$19K5x
ShortExtended CHIP-USD0.047290.0104get 0.0013% / 1h58m 29s$216K$1.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$53.64
Price spread: −0.013% → −0.044%
$3.03
Slippage, 4 orders
−$86.18
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.51
Costs to cover
0.982%
Break-even
12.4 days
Slippage from Nado: live order book, 4 min ago; Extended: live order book, 5 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, 4 min ago5.68 bp16.1 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago3.48 bp34.5 bp −$34288.6 bp −$2,886doesn'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−0.1672%1h0.04747+0.359%$14K$223K5xas long as short
ApeX Omni CHIPUSDT−0.0177%1h0.04750+0.423%$17K$244K50xas long as short
Phoenix CHIP−0.0172%1h0.04746+0.338%$3K$128K5xas long as short
Nado CHIP-PERPlong−0.0151%1h0.04730long leg$239K$19K5x
Bybit CHIPUSDT−0.0130%4h0.04727−0.063%$11.0M$8.7M20xas long as short
OKX CHIP-USDT-SWAP−0.0117%4h0.04721−0.190%$2.0M$9.4M20xas long as short
Aster CHIPUSDT+0.0072%4h0.04734+0.094%$40K$265K5xas long as short
Lighter CHIP+0.0096%1h0.04734+0.085%$88K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04742+0.260%$14.9M$6.1M3xas long as short
Pacifica CHIP+0.0100%1h0.04740+0.211%$14K$6883xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0100%4h0.04724−0.127%$14.3M$26.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04733+0.063%$699K$935K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04727−0.063%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04734+0.085%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.047300.000%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04725−0.106%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04753+0.479%$901K$467Kas long as short
SunX CHIP-USDT+0.0100%4h0.04744+0.296%$668$1.0M10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04729−0.013%$216K$1.9M5x
Aftermath Perps CHIPUSD+0.0407%1h0.04749+0.398%$72$38K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0486%1h0.04756+0.543%$10K$24K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0832%1h0.04767+0.776%$46K$41K50xas long as short