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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0149%/8h= −16.3% APRnext payment $0.19 per $10,000 · paid last 24h −0.070%
Price spread now: ApeX Omni against Pacifica+0.030%51s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.030% dearer against Pacifica than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.045970.0100pay 0.0013% / 1h26m 40s$13K$6283x
ShortApeX Omni CHIPUSDT0.04598−0.0049pay 0.0006% / 1h26m 40s$14K$247K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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
−$31.25
Price spread: +0.030% → 0.000%
$3.05
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$46.2
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; ApeX Omni: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell ApeX Omni live order book, 55 min ago6.52 bp17.8 bp −$18127.8 bp −$1,278doesn't fitdoesn't fit
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1273%1h0.04597+0.009%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04587−0.209%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0178%4h0.04591−0.122%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSD−0.0146%1h0.04592−0.109%$110$39K5xas long as short
Nado CHIP-PERP−0.0115%1h0.04592−0.089%$230K$18K5xas long as short
Extended CHIP-USD−0.0080%1h0.04591−0.118%$209K$1.3M5xas long as short
MEXC CHIP_USDT−0.0078%4h0.04593−0.078%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0074%4h0.04592−0.100%$13.8M$26.0M50xas long as short
ApeX Omni CHIPUSDTshort−0.0049%1h0.04598+0.030%$14K$247K50x
BloFin CHIP-USDT−0.0031%4h0.04591−0.122%$538K$67K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT+0.0050%4h0.04595−0.035%$10.7M$8.9M20xas long as short
Aster CHIPUSDT+0.0082%4h0.04592−0.100%$47K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04595−0.035%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04604+0.163%$14.5M$6.8M3xas long as short
Pacifica CHIPlong+0.0100%1h0.04597long leg$13K$6283x
Gate CHIP_USDT+0.0100%4h0.04598+0.030%$678K$904K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04596−0.013%$979K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04595−0.035%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04591−0.122%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04593−0.080%$846K$460Kas long as short
SunX CHIP-USDT+0.0100%4h0.04579−0.383%$691$1.1M10xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0598%1h0.04603+0.137%$10K$25K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0824%1h0.04757+3.479%$46K$41K50xas long as short