Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −10.0% APRpaid last 24h −0.043%
Price spread now: SunX against Nado−0.118%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2872.868% of the position
Funding, last 3 days (all we have)−0.179%−$18 on $10k
+Price spread, last 3 days (all we have)+0.449%+$45 · spread now −0.118%, 7d avg −0.006%
=Together, before fees+0.270%+ Points / potential airdropNado: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.111% cheaper against Nado than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04663 | 0.0191 | pay 0.0024% / 1h | 19m 43s | $233K | $18K | 5x |
| Short | SunX CHIP-USDT | 0.04658 | 0.0100 | get 0.0050% / 4h | 19m 43s | $703 | $1.1M | 10x |
Nado CHIP-PERP
SunX CHIP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$19.21
- Price spread: −0.118% → −0.006%
- −$11.15
- Slippage, 4 orders
- −$271.79
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$317.15
- Costs to cover
- 2.868%
- Break-even
- never at this rate
Slippage from Nado: live order book, 58 min ago; SunX: 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, 58 min ago | 4.77 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 46.01 bp | 128.7 bp −$129 | doesn't fit | 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 | −0.1403% | 1h | 0.04661 | −0.054% | $14K | $235K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04681 | +0.375% | $3K | $140K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0127% | 1h | 0.04666 | +0.054% | $14K | $249K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0062% | 4h | 0.04664 | +0.011% | $1.9M | $9.2M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04665 | +0.039% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | +0.0026% | 4h | 0.04666 | +0.054% | $10.9M | $8.9M | 20x | as long as short |
| MEXC CHIP_USDT | +0.0076% | 4h | 0.04664 | +0.011% | $1.8M | $1.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0080% | 1h | 0.04665 | +0.035% | $212K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0082% | 4h | 0.04663 | −0.011% | $14.0M | $26.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04666 | +0.054% | $86K | $108K | 3x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
MEXC CHIP_USDT
Extended CHIP-USD
Binance CHIPUSDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04677 | +0.292% | $14.7M | $6.8M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04662 | −0.024% | $49K | $239K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04666 | +0.058% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04668 | +0.096% | $690K | $913K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04666 | +0.054% | $984K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04667 | +0.075% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04667 | +0.075% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04670 | +0.137% | $875K | $468K | — | as long as short |
| SunX CHIP-USDTshort | +0.0100% | 4h | 0.04658 | −0.118% | $703 | $1.1M | 10x | |
| Aftermath Perps CHIPUSD | +0.0109% | 1h | 0.04680 | +0.349% | $87 | $39K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0114% | 4h | 0.04668 | +0.096% | $550K | $66K | 50x | as long as short |
| Nado CHIP-PERPlong | +0.0191% | 1h | 0.04663 | long leg | $233K | $18K | 5x | |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04715 | +1.109% | $45K | $40K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX