Funding you earn now, next payment 07:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.055%
Price spread now: Nado against OKX+0.052%7-day average −0.006% · 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−$69as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 3 days (all we have)+0.256%+$26 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.052%, 7d avg −0.006%
=Together, before fees+0.172%+ Points / potential airdropNado: Active · farm board+$17 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 Nado is 0.058% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04778 | −0.0178 | get 0.0089% / 4h | 1h 01m | $2.1M | $9.7M | 20x |
| Short | Nado CHIP-PERP | 0.04781 | −0.0168 | pay 0.0021% / 1h | 1m 18s | $242K | $18K | 5x |
OKX CHIP-USDT-SWAP
Nado CHIP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- $2.15
- Price spread: +0.052% → −0.006%
- $5.79
- Slippage, 4 orders
- −$57.8
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$66.87
- Costs to cover
- 0.748%
- Break-even
- 224.7 days
Slippage from OKX: live order book, 2 min ago; Nado: live order book, 41 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 OKX live order book, 2 min ago | 2.09 bp | 19.3 bp −$19 | 290.3 bp −$2,903 | doesn't fit | doesn't fit |
| Sell Nado live order book, 41 min ago | 5.65 bp | 19.2 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0331% | 1h | 0.04803 | +0.523% | $17K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0252% | 4h | 0.04785 | +0.147% | $10.9M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAPlong | −0.0178% | 4h | 0.04778 | long leg | $2.1M | $9.7M | 20x | |
| Phoenix CHIP | −0.0171% | 1h | 0.04783 | +0.105% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERPshort | −0.0168% | 1h | 0.04781 | +0.052% | $242K | $18K | 5x | |
| KuCoin CHIPUSDTM | −0.0048% | 4h | 0.04782 | +0.084% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04781 | +0.052% | $10K | $23K | 10x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0031% | 1h | 0.04780 | +0.042% | $26K | $235K | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0060% | 1h | 0.04794 | +0.340% | $62 | $36K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04786 | +0.167% | $99K | $107K | 3x | as long as short |
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
Backpack CHIP_USDC_PERP
Aftermath Perps CHIPUSD
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04791 | +0.268% | $14.8M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04784 | +0.118% | $53K | $274K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04787 | +0.180% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04782 | +0.084% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04785 | +0.147% | $686K | $997K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04782 | +0.084% | $1.8M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04782 | +0.084% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04782 | +0.084% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04807 | +0.610% | $922K | $475K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04777 | −0.021% | $704 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04780 | +0.045% | $218K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0112% | 4h | 0.04788 | +0.209% | $575K | $100K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04839 | +1.283% | $46K | $38K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX