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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica0.000%7-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 6 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 · Lighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.047300.0100pay 0.0013% / 1h54m 40s$16K$3K3x
ShortLighter CHIP0.047300.0096get 0.0012% / 1h54m 40s$97K$114K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$8.84
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 45 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 Lighter live order book, 45 min ago10.75 bp19.7 bp −$20110.3 bp −$1,103doesn'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
ApeX Omni CHIPUSDT−0.0553%1h0.04703−0.571%$16K$244K50xas long as short
Phoenix CHIP−0.0510%1h0.04729−0.021%$3K$137K5xas long as short
OKX CHIP-USDT-SWAP−0.0311%4h0.04728−0.042%$2.0M$9.7M20xas long as short
Backpack CHIP_USDC_PERP−0.0190%1h0.04736+0.127%$33K$252K5xas long as short
Nado CHIP-PERP−0.0090%1h0.04729−0.032%$239K$20K5xas long as short
Aster CHIPUSDT−0.0001%4h0.04730+0.004%$56K$279K5xas long as short
Gate CHIP_USDT+0.0030%4h0.04728−0.042%$684K$978K50xas long as short
MEXC CHIP_USDT+0.0092%4h0.04725−0.106%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0094%4h0.04729−0.021%$14.3M$27.0M50xas long as short
Lighter CHIPshort+0.0096%1h0.047300.000%$97K$114K3x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CHIP-USD+0.0096%1h0.04727−0.070%$215K$1.9M5xas long as short
Hyperliquid CHIP+0.0100%1h0.04734+0.091%$14.7M$6.2M3xas long as short
Pacifica CHIPlong+0.0100%1h0.04730long leg$16K$3K3x
Bybit CHIPUSDT+0.0100%4h0.04727−0.063%$10.9M$9.1M20xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04724−0.127%$980K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04725−0.106%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04729−0.021%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04708−0.472%$838K$525Kas long as short
SunX CHIP-USDT+0.0100%4h0.04703−0.571%$844$1.0M10xas long as short
BloFin CHIP-USDT+0.0106%4h0.04727−0.063%$565K$65K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0130%1h0.04737+0.150%$10K$24K10xas long as short
Aftermath Perps CHIPUSD+0.0147%1h0.04729−0.013%$100$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+0.740%$46K$41K50xas long as short