CHIP

Alert

Funding spread now, next payment 20:00 UTC−0.0285%/8h

next payment, per $10,000−$1.43paid, last 24h−0.022%paid, last 3 days+0.001%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CHIP	0.04664	0.0100	pay 0.0050% / 4h	3h 32m	$913K	$445K	—
Short	Bybit CHIPUSDT	0.04663	−0.0185	pay 0.0093% / 4h	3h 32m	$11.1M	$10.5M	20x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BybitbpOrdersRate

Funding earned: −$59.93
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$70.93
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 13 min ago; Bybit: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.029%
Avg gap 7d: +0.023%

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 Variational Omni RFQ quote, 13 min ago	6.43 bp	doesn't fit	160.8 bp −$1,608	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.15 bp	46.2 bp −$46	137.9 bp −$1,379	doesn't fit	doesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni CHIPUSDT	−0.0907%	1h	$13K	$248K	50x	as long as short
Backpack CHIP_USDC_PERP	−0.0354%	1h	$17K	$237K	5x	as long as short
Bybit CHIPUSDTshort	−0.0185%	4h	$11.1M	$10.5M	20x
Phoenix CHIP	−0.0171%	1h	$3K	$178K	5x	as long as short
Nado CHIP-PERP	−0.0001%	1h	$233K	$16K	5x	as long as short
Aftermath Perps CHIPUSD	+0.0007%	1h	$173	$41K	5x	as long as short
Binance CHIPUSDT	+0.0078%	4h	$14.3M	$26.8M	50x	as long as short
Extended CHIP-USD	+0.0080%	1h	$212K	$1.3M	5x	as long as short
MEXC CHIP_USDT	+0.0082%	4h	$2.0M	$1.4M	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
Gate CHIP_USDT	+0.0086%	4h	$691K	$877K	50x	as long as short
Lighter CHIP	+0.0096%	1h	$87K	$110K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	$15.0M	$7.1M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	$45K	$216K	5x	as long as short
Pacifica CHIP	+0.0100%	1h	$13K	$784	3x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	$991K	$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 CHIPlong	+0.0100%	4h	$913K	$445K	—
SunX CHIP-USDT	+0.0100%	4h	$724	$1.1M	10x	as long as short
Deribit CHIP_USDC-PERPETUAL	+0.0115%	1h	$10K	$25K	10x	as long as short
BloFin CHIP-USDT	+0.0137%	4h	$566K	$160K	50x	as long as short
Coinbase International CHIP-PERP-INTX	+0.1064%	1h	$51K	$35K	50x	as long as short