Funding you earn now, next payment 02:00 UTC+0.0732%/8h= +80.2% APRnext payment +$0.92 per $10,000 · paid last 24h +0.246%
Price spread now: Coinbase International against Pacifica+0.375%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Coinbase International is 0.375% dearer against Pacifica than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04796 | 0.0100 | pay 0.0013% / 1h | 33m 55s | $14K | $689 | 3x |
| Short | Coinbase International CHIP-PERP-INTX | 0.04814 | 0.0832 | get 0.0104% / 1h | 33m 55s | $46K | $41K | 50x |
Pacifica CHIP
Coinbase International CHIP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $153.72
- Price spread: +0.375% → 0.000%
- $37.53
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $173.25
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Coinbase International: no order-book sample. Net counts fees only.
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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Pacifica and Coinbase International: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0985% | 1h | 0.04784 | −0.244% | $28K | $235K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0402% | 4h | 0.04789 | −0.140% | $11.0M | $8.9M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0393% | 1h | 0.04760 | −0.744% | $17K | $245K | 50x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04761 | −0.724% | $3K | $130K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0177% | 4h | 0.04786 | −0.202% | $2.0M | $9.6M | 20x | as long as short |
| Aster CHIPUSDT | +0.0010% | 4h | 0.04795 | −0.017% | $46K | $267K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04789 | −0.140% | $89K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04800 | +0.085% | $15.1M | $6.1M | 3x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04796 | long leg | $14K | $689 | 3x | |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04784 | −0.254% | $14.5M | $26.3M | 50x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIP
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CHIP_USDT | +0.0100% | 4h | 0.04794 | −0.035% | $707K | $947K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04785 | −0.223% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04790 | −0.119% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04786 | −0.202% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04784 | −0.244% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04784 | −0.243% | $849K | $528K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04776 | −0.411% | $860 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04783 | −0.272% | $218K | $1.9M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0107% | 4h | 0.04806 | +0.215% | $574K | $63K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0362% | 1h | 0.04772 | −0.484% | $142 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0398% | 1h | 0.04791 | −0.106% | $10K | $24K | 10x | as long as short |
| Nado CHIP-PERP | +0.0466% | 1h | 0.04788 | −0.161% | $241K | $19K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXshort | +0.0832% | 1h | 0.04814 | +0.375% | $46K | $41K | 50x |
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Nado CHIP-PERP