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+0.0189%/8h= +20.7% APRpaid last 24h −0.028%
Price spread now: KuCoin against Nado−0.042%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1421.417% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.246%−$25 on $10k
Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.042%, 7d avg +0.060%
Together, before fees−0.071%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.102% cheaper against Nado than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.060%). If the spread goes back, that is −$10 on $10k: about 43 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 3 days funding on this pair cost −0.246%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04813−0.0199get 0.0025% / 1h17m 50s$244K$18K5x
ShortKuCoin CHIPUSDTM0.04811−0.0010pay 0.0005% / 4h1h 17m$1.0M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$39.69
Price spread: −0.042% → +0.060%
−$10.2
Slippage, 4 orders
−$122.69
Fee Nado: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$112.2
Costs to cover
1.417%
Break-even
26.8 days
Slippage from Nado: live order book, 25 min ago; KuCoin: live order book, 7 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, 25 min ago5.65 bp16.8 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago6.21 bp40.1 bp −$40464.7 bp −$4,647doesn'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
Deribit CHIP_USDC-PERPETUAL−0.0746%1h0.04814+0.029%$10K$24K10xas long as short
ApeX Omni CHIPUSDT−0.0423%1h0.04815+0.042%$17K$246K50xas long as short
Bybit CHIPUSDT−0.0308%4h0.04818+0.104%$10.9M$9.0M20xas long as short
Nado CHIP-PERPlong−0.0199%1h0.04813long leg$244K$18K5x
Phoenix CHIP−0.0171%1h0.04823+0.208%$3K$128K5xas long as short
OKX CHIP-USDT-SWAP−0.0167%4h0.04814+0.021%$2.1M$9.8M20xas long as short
Aftermath Perps CHIPUSD−0.0076%1h0.04818+0.105%$63$36K5xas long as short
KuCoin CHIPUSDTMshort−0.0010%4h0.04811−0.042%$1.0M$1.1M50x
Lighter CHIP+0.0096%1h0.04808−0.104%$100K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04811−0.031%$14.9M$6.0M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04817+0.075%$55K$272K5xas long as short
Pacifica CHIP+0.0100%1h0.04820+0.145%$17K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04812−0.020%$14.5M$27.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04816+0.062%$690K$983K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04809−0.083%$1.8M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04809−0.083%$2.1M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.048130.000%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04808−0.104%$26K$235K5xas long as short
Variational Omni CHIP+0.0100%4h0.04818+0.107%$890K$441Kas long as short
SunX CHIP-USDT+0.0100%4h0.04803−0.208%$914$1.0M10xas long as short
BloFin CHIP-USDT+0.0104%4h0.04809−0.083%$572K$101K50xas long as short
Extended CHIP-USD+0.0104%1h0.04810−0.056%$219K$1.0M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0952%1h0.04839+0.546%$46K$38K50xas long as short