Funding you earn now, next payment 00:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h +0.078%
Price spread now: Aster against Phoenix+0.136%95s7-day average +0.052% · 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—prices read too far apart to compare
costs, in and out, $10k−$1141.143% of the position
Funding, last 5 days (all we have)+0.395%+$39 on $10k
+Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.136%, 7d avg +0.052%
=Together, before fees+0.251%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aster is 0.084% dearer against Phoenix than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.052%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CHIP | 0.04677 | −0.0172 | get 0.0022% / 1h | 11m 53s | $3K | $140K | 5x |
| Short | Aster CHIPUSDT | 0.04683 | 0.0100 | get 0.0050% / 4h | 3h 11m | $49K | $238K | 5x |
Phoenix CHIP
Aster CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- $57.14
- Price spread: +0.136% → +0.052%
- $8.44
- Slippage, 4 orders
- −$99.32
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$48.74
- Costs to cover
- 1.143%
- Break-even
- 13.0 days
Slippage from Phoenix: live order book, 54 min ago; Aster: live order book, 60 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 Phoenix live order book, 54 min ago | 4.30 bp | 26.2 bp −$26 | 79.2 bp −$792 | doesn't fit | doesn't fit |
| Sell Aster live order book, 60 min ago | 6.47 bp | 31.7 bp −$32 | 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 | −0.0796% | 1h | 0.04680 | +0.064% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0273% | 1h | 0.04674 | −0.064% | $17K | $249K | 50x | as long as short |
| Phoenix CHIPlong | −0.0172% | 1h | 0.04677 | long leg | $3K | $140K | 5x | |
| Nado CHIP-PERP | −0.0135% | 1h | 0.04681 | +0.086% | $234K | $18K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0049% | 1h | 0.04684 | +0.158% | $10K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0002% | 4h | 0.04680 | +0.064% | $2.0M | $9.1M | 20x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04684 | +0.150% | $87K | $108K | 3x | as long as short |
| BloFin CHIP-USDT | +0.0096% | 4h | 0.04677 | 0.000% | $550K | $65K | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04690 | +0.272% | $14.7M | $6.5M | 3x | as long as short |
| Aster CHIPUSDTshort | +0.0100% | 4h | 0.04683 | +0.136% | $49K | $238K | 5x |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Lighter CHIP
BloFin CHIP-USDT
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04684 | +0.145% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04677 | 0.000% | $14.1M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04681 | +0.086% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04680 | +0.064% | $693K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04677 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04682 | +0.107% | $979K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04681 | +0.086% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04679 | +0.043% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04671 | −0.122% | $877K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04679 | +0.043% | $839 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04676 | −0.011% | $212K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0324% | 1h | 0.04669 | −0.172% | $145 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04696 | +0.417% | $45K | $40K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX