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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h −0.048%
Price spread now: OKX against Nado+0.076%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−$64as in the Price arb table
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.245%−$25 on $10k
Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.076%, 7d avg +0.005%
Together, before fees−0.241%+ Points / potential airdropNado: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.071% dearer against Nado than usual: you sell high and buy low: +$7 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 −0.245%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04606−0.0145get 0.0018% / 1h4m 38s$231K$18K5x
ShortOKX CHIP-USDT-SWAP0.04610−0.0132pay 0.0066% / 4h1h 04m$1.9M$9.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$2.72
Price spread: +0.076% → +0.005%
$7.12
Slippage, 4 orders
−$53.69
Fee Nado: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
−$60.85
Costs to cover
0.707%
Break-even
163.5 days
Slippage from Nado: live order book, 13 min ago; OKX: live order book, 3 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, 13 min ago4.77 bp14.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.09 bp16.1 bp −$16171.5 bp −$1,715doesn'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
Backpack CHIP_USDC_PERP−0.1255%1h0.04608+0.033%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04614+0.163%$3K$143K5xas long as short
Nado CHIP-PERPlong−0.0145%1h0.04606long leg$231K$18K5x
OKX CHIP-USDT-SWAPshort−0.0132%4h0.04610+0.076%$1.9M$9.2M20x
Aftermath Perps CHIPUSD−0.0122%1h0.04612+0.116%$71$39K5xas long as short
ApeX Omni CHIPUSDT−0.0065%1h0.04611+0.098%$14K$247K50xas long as short
BloFin CHIP-USDT−0.0033%4h0.04607+0.011%$541K$67K50xas long as short
Extended CHIP-USD−0.0032%1h0.04608+0.035%$210K$1.3M5xas long as short
MEXC CHIP_USDT−0.0028%4h0.04608+0.033%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0024%4h0.04607+0.018%$13.8M$26.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04611+0.102%$10K$25K10xas long as short
Bybit CHIPUSDT+0.0054%4h0.04611+0.098%$10.7M$8.9M20xas long as short
Lighter CHIP+0.0096%1h0.04612+0.119%$86K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04617+0.226%$14.5M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04613+0.141%$49K$231K5xas long as short
Pacifica CHIP+0.0100%1h0.04610+0.080%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04611+0.098%$681K$911K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04607+0.011%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04610+0.076%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04610+0.076%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04613+0.138%$849K$453Kas long as short
SunX CHIP-USDT+0.0100%4h0.04609+0.054%$676$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04636+0.638%$45K$40K50xas long as short