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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04606 | −0.0145 | get 0.0018% / 1h | 4m 38s | $231K | $18K | 5x |
| Short | OKX CHIP-USDT-SWAP | 0.04610 | −0.0132 | pay 0.0066% / 4h | 1h 04m | $1.9M | $9.2M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 13 min ago | 4.77 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.09 bp | 16.1 bp −$16 | 171.5 bp −$1,715 | 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 | −0.1255% | 1h | 0.04608 | +0.033% | $16K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0352% | 1h | 0.04614 | +0.163% | $3K | $143K | 5x | as long as short |
| Nado CHIP-PERPlong | −0.0145% | 1h | 0.04606 | long leg | $231K | $18K | 5x | |
| OKX CHIP-USDT-SWAPshort | −0.0132% | 4h | 0.04610 | +0.076% | $1.9M | $9.2M | 20x | |
| Aftermath Perps CHIPUSD | −0.0122% | 1h | 0.04612 | +0.116% | $71 | $39K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0065% | 1h | 0.04611 | +0.098% | $14K | $247K | 50x | as long as short |
| BloFin CHIP-USDT | −0.0033% | 4h | 0.04607 | +0.011% | $541K | $67K | 50x | as long as short |
| Extended CHIP-USD | −0.0032% | 1h | 0.04608 | +0.035% | $210K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | −0.0028% | 4h | 0.04608 | +0.033% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | −0.0024% | 4h | 0.04607 | +0.018% | $13.8M | $26.0M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04611 | +0.102% | $10K | $25K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0054% | 4h | 0.04611 | +0.098% | $10.7M | $8.9M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04612 | +0.119% | $86K | $109K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04617 | +0.226% | $14.5M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04613 | +0.141% | $49K | $231K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04610 | +0.080% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04611 | +0.098% | $681K | $911K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04607 | +0.011% | $987K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04610 | +0.076% | $2.0M | $3.1M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04610 | +0.076% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04613 | +0.138% | $849K | $453K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04609 | +0.054% | $676 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0824% | 1h | 0.04636 | +0.638% | $45K | $40K | 50x | as long as short |
OKX CHIP-USDT-SWAP
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
ApeX Omni CHIPUSDT
BloFin CHIP-USDT
Extended CHIP-USD
MEXC CHIP_USDT
Binance CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX