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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.033%
Price spread now: BloFin against Aftermath Perps+0.020%49s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.020% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.8 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CHIPUSD0.04608−0.0085get 0.0011% / 1h22m 21s$85$39K5x
ShortBloFin CHIP-USDT0.04609−0.0097pay 0.0049% / 4h2h 22m$542K$66K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$2.47
Price spread: +0.020% → 0.000%
$2.04
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$21.43
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; BloFin: live order book, 63 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 BloFin live order book, 63 min ago3.22 bp14.2 bp −$1437.8 bp −$378doesn'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 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−0.0986%1h0.04607−0.023%$16K$234K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0704%1h0.04608−0.003%$10K$24K10xas long as short
ApeX Omni CHIPUSDT−0.0599%1h0.04611+0.064%$14K$248K50xas long as short
Nado CHIP-PERP−0.0185%1h0.04606−0.034%$231K$18K5xas long as short
OKX CHIP-USDT-SWAP−0.0183%4h0.04608−0.001%$1.9M$9.2M20xas long as short
Bybit CHIPUSDT−0.0174%4h0.04610+0.042%$10.7M$8.9M20xas long as short
Phoenix CHIP−0.0173%1h0.04618+0.216%$3K$143K5xas long as short
Extended CHIP-USD−0.0120%1h0.04606−0.046%$210K$1.3M5xas long as short
Binance CHIPUSDT−0.0116%4h0.04606−0.045%$13.9M$25.7M50xas long as short
MEXC CHIP_USDT−0.0116%4h0.04606−0.045%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDTshort−0.0097%4h0.04609+0.020%$542K$66K50x
Aftermath Perps CHIPUSDlong−0.0085%1h0.04608long leg$85$39K5x
Aster CHIPUSDT−0.0029%4h0.04613+0.099%$44K$226K5xas long as short
Lighter CHIP+0.0096%1h0.04608−0.001%$85K$110K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04614+0.133%$14.8M$6.5M3xas long as short
Pacifica CHIP+0.0100%1h0.04607−0.019%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04611+0.064%$692K$899K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04609+0.020%$985K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04608−0.001%$2.0M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04607−0.023%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04618+0.223%$840K$462Kas long as short
SunX CHIP-USDT+0.0100%4h0.04604−0.088%$427$1.0M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+3.221%$46K$41K50xas long as short