Funding you earn now, next payment 01:00 UTC−0.0280%/8h= −30.6% APRpaid last 24h +0.041%
Price spread now: Nado against SunX−0.054%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−$297as in the Price arb table
costs, in and out, $10k−$2912.905% of the position
Funding, last 3 days (all we have)+0.175%+$18 on $10k
+Price spread, last 3 days (all we have)−0.208%−$21 · spread now −0.054%, 7d avg +0.007%
=Together, before fees−0.033%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Nado is 0.061% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.175%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CHIP-USDT | 0.04621 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $617 | $1.1M | 10x |
| Short | Nado CHIP-PERP | 0.04618 | −0.0180 | pay 0.0022% / 1h | 33m 46s | $231K | $18K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$58.72
- Price spread: −0.054% → +0.007%
- −$6.14
- Slippage, 4 orders
- −$275.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$355.4
- Costs to cover
- 2.905%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Nado: live order book, 39 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, 9 min ago | 47.81 bp | 126.3 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 39 min ago | 5.05 bp | 19.3 bp −$19 | 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 | −0.1168% | 1h | 0.04623 | +0.043% | $14K | $233K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0518% | 1h | 0.04624 | +0.065% | $14K | $248K | 50x | as long as short |
| Nado CHIP-PERPshort | −0.0180% | 1h | 0.04618 | −0.054% | $231K | $18K | 5x | |
| Phoenix CHIP | −0.0172% | 1h | 0.04618 | −0.065% | $3K | $140K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0051% | 4h | 0.04622 | +0.022% | $1.9M | $9.0M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04628 | +0.158% | $10K | $24K | 10x | as long as short |
| BloFin CHIP-USDT | +0.0085% | 4h | 0.04617 | −0.087% | $547K | $65K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04624 | +0.065% | $86K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04628 | +0.160% | $14.5M | $6.6M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04622 | +0.017% | $48K | $237K | 5x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04622 | +0.026% | $13K | $628 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04619 | −0.043% | $13.9M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04623 | +0.043% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04622 | +0.022% | $683K | $907K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04620 | −0.022% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04623 | +0.043% | $973K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04620 | −0.022% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04620 | −0.022% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04618 | −0.070% | $866K | $469K | — | as long as short |
| SunX CHIP-USDTlong | +0.0100% | 4h | 0.04621 | long leg | $617 | $1.1M | 10x | |
| Extended CHIP-USD | +0.0104% | 1h | 0.04618 | −0.074% | $210K | $2.0M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0358% | 1h | 0.04619 | −0.044% | $85 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04647 | +0.563% | $45K | $40K | 50x | as long as short |
SunX CHIP-USDT
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX