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

CHIP

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.046210.0100pay 0.0050% / 4h3h 33m$617$1.1M10x
ShortNado CHIP-PERP0.04618−0.0180pay 0.0022% / 1h33m 46s$231K$18K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago47.81 bp126.3 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 39 min ago5.05 bp19.3 bp −$19doesn't fitdoesn'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
Backpack CHIP_USDC_PERP−0.1168%1h0.04623+0.043%$14K$233K5xas long as short
ApeX Omni CHIPUSDT−0.0518%1h0.04624+0.065%$14K$248K50xas long as short
Nado CHIP-PERPshort−0.0180%1h0.04618−0.054%$231K$18K5x
Phoenix CHIP−0.0172%1h0.04618−0.065%$3K$140K5xas long as short
OKX CHIP-USDT-SWAP−0.0051%4h0.04622+0.022%$1.9M$9.0M20xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04628+0.158%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0085%4h0.04617−0.087%$547K$65K50xas long as short
Lighter CHIP+0.0096%1h0.04624+0.065%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04628+0.160%$14.5M$6.6M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04622+0.017%$48K$237K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04622+0.026%$13K$6283xas long as short
Binance CHIPUSDT+0.0100%4h0.04619−0.043%$13.9M$26.0M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04623+0.043%$10.8M$8.7M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04622+0.022%$683K$907K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04620−0.022%$1.8M$1.2M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04623+0.043%$973K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04620−0.022%$1.9M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04620−0.022%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04618−0.070%$866K$469Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04621long leg$617$1.1M10x
Extended CHIP-USD+0.0104%1h0.04618−0.074%$210K$2.0M5xas long as short
Aftermath Perps CHIPUSD+0.0358%1h0.04619−0.044%$85$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0928%1h0.04647+0.563%$45K$40K50xas long as short