CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.117%

Price spread now: Nado against Phoenix−0.021%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$890.889% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.464%+$46 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.021%, 7d avg −0.007%

Together, before fees+0.387%+ Points / potential airdropNado: Active · farm board+$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix CHIP	0.04668	−0.0169	get 0.0021% / 1h	57m 12s	$3K	$130K	5x
Short	Nado CHIP-PERP	0.04667	−0.0063	pay 0.0008% / 1h	57m 12s	$236K	$18K	5x

Funding history

latest

Range statsloading…

Nado against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee PhoenixbpFee NadobpOrdersPrice spread, now −0.021%Rate

Slippage from Phoenix: live order book, 47 min ago; Nado: live order book, 53 min ago.

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, 47 min ago	4.25 bp	25.9 bp −$26	78.7 bp −$787	doesn't fit	doesn't fit
Sell Nado live order book, 53 min ago	5.09 bp	21.0 bp −$21	doesn't fit	doesn't fit	doesn't fit

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	−0.0772%	1h	0.04675	+0.150%	$25K	$177K	5x	as long as short
Deribit CHIP_USDC-PERPETUAL	−0.0586%	1h	0.04661	−0.150%	$9K	$2K	10x	as long as short
ApeX Omni CHIPUSDT	−0.0332%	1h	0.04672	+0.086%	$16K	$246K	50x	as long as short
Phoenix CHIPlong	−0.0169%	1h	0.04668	long leg	$3K	$130K	5x
Aftermath Perps CHIPUSD	−0.0119%	1h	0.04674	+0.134%	$90	$34K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0079%	4h	0.04656	−0.257%	$2.1M	$8.9M	20x	as long as short
Nado CHIP-PERPshort	−0.0063%	1h	0.04667	−0.021%	$236K	$18K	5x
BloFin CHIP-USDT	+0.0044%	4h	0.04670	+0.043%	$567K	$114K	50x	as long as short
Bybit CHIPUSDT	+0.0045%	4h	0.04662	−0.129%	$10.5M	$8.6M	20x	as long as short
Lighter CHIP	+0.0096%	1h	0.04659	−0.193%	$97K	$89K	3x	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid CHIP	+0.0100%	1h	0.04674	+0.124%	$14.0M	$5.6M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04660	−0.171%	$48K	$270K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04670	+0.043%	$16K	$4K	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04656	−0.254%	$13.9M	$26.1M	50x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04670	+0.043%	$715K	$783K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04657	−0.236%	$1.8M	$951K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04661	−0.150%	$957K	$1.2M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04661	−0.150%	$2.0M	$3.5M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04659	−0.193%	—	$1.8M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04651	−0.355%	$861K	$505K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04656	−0.257%	$619	$941K	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04656	−0.258%	$211K	$1.7M	5x	as long as short
Coinbase International CHIP-PERP-INTX	+0.1616%	1h	0.04675	+0.159%	$50K	$56K	50x	as long as short