CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0307%/8h= −33.6% APRnext payment −$0.38 per $10,000 · paid last 24h +0.030%

Price spread now: Deribit against Aftermath Perps+0.072%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.072% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps CHIPUSD	0.04660	0.0307	pay 0.0038% / 1h	1m 13s	$140	$39K	5x
Short	Deribit CHIP_USDC-PERPETUAL	0.04663	0	get 0.0000% / 1h	1m 13s	$10K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee DeribitbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$64.43
Price spread: +0.072% → 0.000%: $7.2
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$73.24
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Aftermath Perps and 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	−0.1173%	1h	0.04660	+0.010%	$15K	$236K	5x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04660	+0.010%	$3K	$140K	5x	as long as short
ApeX Omni CHIPUSDT	−0.0074%	1h	0.04654	−0.119%	$14K	$248K	50x	as long as short
OKX CHIP-USDT-SWAP	−0.0034%	4h	0.04655	−0.098%	$1.9M	$9.2M	20x	as long as short
Deribit CHIP_USDC-PERPETUALshort	0.0000%	1h	0.04663	+0.072%	$10K	$24K	10x
BloFin CHIP-USDT	+0.0046%	4h	0.04660	+0.010%	$549K	$66K	50x	as long as short
Bybit CHIPUSDT	+0.0093%	4h	0.04661	+0.031%	$10.9M	$8.9M	20x	as long as short
Lighter CHIP	+0.0096%	1h	0.04662	+0.053%	$86K	$108K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04673	+0.297%	$14.7M	$6.8M	3x	as long as short
Aster CHIPUSDT	+0.0100%	4h	0.04660	+0.007%	$47K	$241K	5x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CHIP	+0.0100%	1h	0.04660	+0.010%	$13K	$628	3x	as long as short
Binance CHIPUSDT	+0.0100%	4h	0.04658	−0.033%	$14.0M	$26.2M	50x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04656	−0.076%	$688K	$914K	50x	as long as short
MEXC CHIP_USDT	+0.0100%	4h	0.04657	−0.055%	$1.8M	$1.1M	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04657	−0.055%	$983K	$1.1M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04658	−0.033%	$2.0M	$3.2M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04657	−0.055%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04659	−0.004%	$873K	$469K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04657	−0.055%	$979	$1.1M	10x	as long as short
Extended CHIP-USD	+0.0104%	1h	0.04657	−0.063%	$211K	$1.3M	5x	as long as short
Nado CHIP-PERP	+0.0108%	1h	0.04656	−0.065%	$233K	$18K	5x	as long as short
Aftermath Perps CHIPUSDlong	+0.0307%	1h	0.04660	long leg	$140	$39K	5x
Coinbase International CHIP-PERP-INTX	+0.0840%	1h	0.04715	+1.194%	$45K	$40K	50x	as long as short