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+0.1001%/8h= +109.7% APRnext payment +$1.25 per $10,000 · paid last 24h +0.204%
Price spread now: Coinbase International against Aftermath Perps+3.743%7-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
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Coinbase International is 3.743% dearer against Aftermath Perps than usual: you sell high and buy low: +$374 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps CHIPUSD0.04585−0.0177get 0.0022% / 1h33m 04s$110$39K5x
ShortCoinbase International CHIP-PERP-INTX0.047570.0824get 0.0103% / 1h33m 04s$46K$41K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$210.3
Price spread: +3.743% → 0.000%
$374.26
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$565.56
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Coinbase International no order-book sample
Aftermath Perps and Coinbase International: 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−0.1276%1h0.04594+0.198%$16K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04595+0.220%$3K$143K5xas long as short
OKX CHIP-USDT-SWAP−0.0208%4h0.04594+0.198%$1.9M$9.1M20xas long as short
Aftermath Perps CHIPUSDlong−0.0177%1h0.04585long leg$110$39K5x
Nado CHIP-PERP−0.0132%1h0.04598+0.275%$230K$18K5xas long as short
MEXC CHIP_USDT−0.0102%4h0.04592+0.155%$1.8M$1.2M50xas long as short
Binance CHIPUSDT−0.0097%4h0.04592+0.157%$13.8M$26.0M50xas long as short
Extended CHIP-USD−0.0096%1h0.04593+0.170%$209K$1.3M5xas long as short
ApeX Omni CHIPUSDT−0.0069%1h0.04580−0.107%$14K$247K50xas long as short
BloFin CHIP-USDT−0.0052%4h0.04591+0.133%$541K$67K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT0.0000%4h0.04596+0.242%$10.7M$9.0M20xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0033%1h0.04599+0.299%$10K$25K10xas long as short
Aster CHIPUSDT+0.0061%4h0.04595+0.210%$48K$229K5xas long as short
Lighter CHIP+0.0096%1h0.04594+0.198%$85K$109K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04600+0.340%$14.5M$6.8M3xas long as short
Pacifica CHIP+0.0100%1h0.04599+0.314%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04592+0.155%$678K$903K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04593+0.177%$977K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04595+0.220%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04594+0.198%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04580−0.097%$843K$465Kas long as short
SunX CHIP-USDT+0.0100%4h0.04591+0.133%$920$1.1M10xas long as short
Coinbase International CHIP-PERP-INTXshort+0.0824%1h0.04757+3.743%$46K$41K50x