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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0391%/8h= −42.8% APRnext payment $0.49 per $10,000 · paid last 24h −0.134%
Price spread now: ApeX Omni against Aftermath Perps−0.199%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and ApeX Omni is 0.199% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CHIPUSD0.04630−0.0307get 0.0038% / 1h29m 17s$102$33K5x
ShortApeX Omni CHIPUSDT0.04621−0.0698pay 0.0087% / 1h29m 17s$16K$232K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aftermath Perps. 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
−$82.09
Price spread: −0.199% → 0.000%
−$19.94
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$121.03
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; ApeX Omni: live order book, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell ApeX Omni live order book, 15 min ago7.55 bp15.3 bp −$15119.1 bp −$1,191doesn't fitdoesn't fit
Aftermath Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL−0.0786%1h0.04628−0.040%$9K$2K10xas long as short
ApeX Omni CHIPUSDTshort−0.0698%1h0.04621−0.199%$16K$232K50x
Backpack CHIP_USDC_PERP−0.0397%1h0.04629−0.027%$27K$172K5xas long as short
Phoenix CHIP−0.0343%1h0.04623−0.156%$3K$130K5xas long as short
Aftermath Perps CHIPUSDlong−0.0307%1h0.04630long leg$102$33K5x
Nado CHIP-PERP−0.0171%1h0.04623−0.145%$234K$17K5xas long as short
OKX CHIP-USDT-SWAP−0.0139%4h0.04624−0.135%$2.1M$7.7M20xas long as short
Bybit CHIPUSDT+0.0076%4h0.04627−0.070%$10.4M$7.9M20xas long as short
Lighter CHIP+0.0096%1h0.04627−0.070%$96K$89K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04631+0.008%$13.8M$5.3M3xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04628−0.048%$47K$250K5xas long as short
Pacifica CHIP+0.0100%1h0.04623−0.160%$15K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04624−0.129%$13.7M$23.0M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04628−0.048%$710K$792K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04623−0.156%$2.1M$1.0M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04626−0.091%$959K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04627−0.070%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04625−0.113%$1.8Mas long as short
Variational Omni CHIP+0.0100%4h0.04625−0.104%$855K$464Kas long as short
SunX CHIP-USDT+0.0100%4h0.04625−0.113%$485$819K10xas long as short
Extended CHIP-USD+0.0104%1h0.04625−0.113%$211K$1.6M5xas long as short
BloFin CHIP-USDT+0.0119%4h0.04626−0.091%$563K$110K50xas long as short
Coinbase International CHIP-PERP-INTX+0.1616%1h0.04666+0.773%$50K$52K50xas long as short