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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CHIP-USDT | 0.04585 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $903 | $1.0M | 10x |
| Short | Lighter CHIP | 0.04584 | 0.0096 | get 0.0012% / 1h | 11m 56s | $85K | $110K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 1 min ago | 48.01 bp | 126.5 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 11.99 bp | 15.2 bp −$15 | 115.1 bp −$1,151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0904% | 1h | 0.04586 | +0.024% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0588% | 1h | 0.04601 | +0.349% | $14K | $248K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | −0.0584% | 1h | 0.04583 | −0.044% | $16K | $234K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0343% | 4h | 0.04587 | +0.044% | $10.7M | $8.9M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0247% | 4h | 0.04585 | 0.000% | $1.9M | $9.1M | 20x | as long as short |
| Nado CHIP-PERP | −0.0176% | 1h | 0.04584 | −0.033% | $229K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04600 | +0.327% | $3K | $143K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0146% | 4h | 0.04588 | +0.065% | $492K | $66K | 50x | as long as short |
| Extended CHIP-USD | −0.0112% | 1h | 0.04583 | −0.042% | $209K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0109% | 4h | 0.04580 | −0.103% | $13.8M | $25.7M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | −0.0108% | 4h | 0.04581 | −0.087% | $1.8M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0091% | 1h | 0.04602 | +0.365% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0004% | 4h | 0.04588 | +0.065% | $44K | $226K | 5x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04584 | −0.022% | $85K | $110K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04591 | +0.137% | $14.7M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04590 | +0.109% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04593 | +0.174% | $681K | $903K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04594 | +0.196% | $982K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04585 | 0.000% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04583 | −0.044% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04601 | +0.355% | $839K | $462K | — | as long as short |
| SunX CHIP-USDTlong | +0.0100% | 4h | 0.04585 | long leg | $903 | $1.0M | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +3.740% | $46K | $41K | 50x | as long as short |
SunX CHIP-USDT
Lighter CHIP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
BloFin CHIP-USDT
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Coinbase International CHIP-PERP-INTX