Funding you earn now, next payment 01:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h +0.065%
Price spread now: Deribit against Variational Omni+0.282%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.282% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04677 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $879K | $458K | — |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04690 | 0.0155 | get 0.0019% / 1h | 9m 56s | $10K | $24K | 10x |
Variational Omni CHIP
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Variational Omni. 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
- $11.61
- Price spread: +0.282% → 0.000%
- $28.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $32.78
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 64 min ago; Deribit: no order-book sample. Net counts fees only.
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, 64 min ago | 5.37 bp | doesn't fit | 136.4 bp −$1,364 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0769% | 1h | 0.04682 | +0.113% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0273% | 1h | 0.04674 | −0.058% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04677 | +0.006% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0139% | 1h | 0.04680 | +0.081% | $234K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0003% | 4h | 0.04681 | +0.091% | $2.0M | $9.1M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0066% | 4h | 0.04677 | +0.006% | $550K | $65K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04684 | +0.155% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04692 | +0.322% | $14.7M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04681 | +0.093% | $49K | $238K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04684 | +0.162% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Nado CHIP-PERP
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04681 | +0.091% | $14.1M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04683 | +0.134% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04686 | +0.198% | $694K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04679 | +0.049% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04685 | +0.177% | $980K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04681 | +0.091% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04682 | +0.113% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04677 | long leg | $879K | $458K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04680 | +0.070% | $840 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04680 | +0.080% | $212K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.0155% | 1h | 0.04690 | +0.282% | $10K | $24K | 10x | |
| Aftermath Perps CHIPUSD | +0.0304% | 1h | 0.04674 | −0.054% | $86 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04696 | +0.423% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX