CHIP

Alert

Funding spread now, next payment 16:00 UTC+0.0271%/8h

next payment, per $10,000+$0.34paid, last 24h+0.069%paid, last 5 days+0.487%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix CHIP	0.04652	−0.0171	get 0.0021% / 1h	30m 00s	$3K	$178K	5x
Short	Pacifica CHIP	0.04673	0.0100	get 0.0013% / 1h	30m 00s	$13K	$784	3x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee PacificabpOrdersRate

Funding earned: $56.84
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $41.84
Break-even: 1.8 days

Slippage unknown: Phoenix: live order book, 64 min ago; Pacifica: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.458%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 64 min ago	4.28 bp	26.1 bp −$26	78.9 bp −$789	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni CHIPUSDT	−0.0865%	1h	$13K	$248K	50x	as long as short
Backpack CHIP_USDC_PERP	−0.0277%	1h	$17K	$237K	5x	as long as short
Phoenix CHIPlong	−0.0171%	1h	$3K	$178K	5x
Bybit CHIPUSDT	−0.0044%	4h	$11.1M	$10.5M	20x	as long as short
Nado CHIP-PERP	−0.0011%	1h	$234K	$17K	5x	as long as short
Aftermath Perps CHIPUSD	−0.0005%	1h	$73	$42K	5x	as long as short
MEXC CHIP_USDT	+0.0078%	4h	$2.1M	$1.4M	50x	as long as short
Extended CHIP-USD	+0.0080%	1h	$213K	$1.3M	5x	as long as short
Binance CHIPUSDT	+0.0081%	4h	$14.3M	$26.8M	50x	as long as short
OKX CHIP-USDT-SWAP	+0.0084%	4h	$1.9M	$9.9M	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin CHIP-USDT	+0.0094%	4h	$570K	$161K	50x	as long as short
Lighter CHIP	+0.0096%	1h	$87K	$111K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	$15.1M	$7.1M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	$45K	$216K	5x	as long as short
Pacifica CHIPshort	+0.0100%	1h	$13K	$784	3x
Gate CHIP_USDT	+0.0100%	4h	$694K	$877K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	$995K	$1.3M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	$1.9M	$2.9M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	$912K	$445K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	$450	$1.1M	10x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0177%	1h	$10K	$25K	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.1064%	1h	$51K	$35K	50x	as long as short