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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX−0.022%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3033.025% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 3 days (all we have)−0.435%−$44 · spread now −0.022%, 7d avg +0.044%
Together, before fees−0.499%+ Points / potential airdropLighter: Season 3 · farm board−$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.066% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.045850.0100pay 0.0050% / 4h2h 11m$903$1.0M10x
ShortLighter CHIP0.045840.0096get 0.0012% / 1h11m 56s$85K$110K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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: −0.022% → +0.044%
−$6.6
Slippage, 4 orders
−$294.54
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$309.98
Costs to cover
3.025%
Break-even
never at this rate
Slippage from SunX: live order book, 1 min ago; Lighter: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 1 min ago48.01 bp126.5 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 1 min ago11.99 bp15.2 bp −$15115.1 bp −$1,151doesn't fitdoesn't fit

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
Deribit CHIP_USDC-PERPETUAL−0.0904%1h0.04586+0.024%$10K$24K10xas long as short
ApeX Omni CHIPUSDT−0.0588%1h0.04601+0.349%$14K$248K50xas long as short
Backpack CHIP_USDC_PERP−0.0584%1h0.04583−0.044%$16K$234K5xas long as short
Bybit CHIPUSDT−0.0343%4h0.04587+0.044%$10.7M$8.9M20xas long as short
OKX CHIP-USDT-SWAP−0.0247%4h0.045850.000%$1.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0176%1h0.04584−0.033%$229K$18K5xas long as short
Phoenix CHIP−0.0173%1h0.04600+0.327%$3K$143K5xas long as short
BloFin CHIP-USDT−0.0146%4h0.04588+0.065%$492K$66K50xas long as short
Extended CHIP-USD−0.0112%1h0.04583−0.042%$209K$1.3M5xas long as short
Binance CHIPUSDT−0.0109%4h0.04580−0.103%$13.8M$25.7M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT−0.0108%4h0.04581−0.087%$1.8M$1.2M50xas long as short
Aftermath Perps CHIPUSD−0.0091%1h0.04602+0.365%$85$39K5xas long as short
Aster CHIPUSDT−0.0004%4h0.04588+0.065%$44K$226K5xas long as short
Lighter CHIPshort+0.0096%1h0.04584−0.022%$85K$110K3x
Hyperliquid CHIP+0.0100%1h0.04591+0.137%$14.7M$6.5M3xas long as short
Pacifica CHIP+0.0100%1h0.04590+0.109%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04593+0.174%$681K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04594+0.196%$982K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.045850.000%$2.0M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04583−0.044%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04601+0.355%$839K$462Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04585long leg$903$1.0M10x
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+3.740%$46K$41K50xas long as short