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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.071%
Price spread now: Variational Omni against ApeX Omni−0.034%88s7-day average +0.035% · 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 3 days (all we have)+0.178%+$18 on $10k
Price spread, last 3 days (all we have)+0.154%+$15 · spread now −0.034%, 7d avg +0.035%
Together, before fees+0.332%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.035%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CHIPUSDT0.046960.0100pay 0.0013% / 1h47m 56s$14K$247K50x
ShortVariational Omni CHIP0.046940.0100get 0.0050% / 4h47m 56s$878K$468K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX Omni. 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
$0
Price spread: −0.034% → +0.035%
−$6.83
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$16.83
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 29 min ago; Variational Omni: RFQ quote, 31 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 ApeX Omni live order book, 29 min ago8.68 bp16.1 bp −$16129.5 bp −$1,295doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 31 min ago4.34 bpdoesn't fit132.5 bp −$1,325doesn't fitdoesn't fit

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−0.1246%1h0.04687−0.192%$15K$234K5xas long as short
Phoenix CHIP−0.0173%1h0.04695−0.021%$3K$140K5xas long as short
Aftermath Perps CHIPUSD−0.0098%1h0.04680−0.332%$86$39K5xas long as short
OKX CHIP-USDT-SWAP−0.0078%4h0.04685−0.234%$1.9M$9.3M20xas long as short
BloFin CHIP-USDT−0.0035%4h0.04689−0.149%$544K$69K50xas long as short
Extended CHIP-USD+0.0008%1h0.04686−0.220%$214K$1.3M5xas long as short
MEXC CHIP_USDT+0.0010%4h0.04686−0.213%$1.8M$1.1M50xas long as short
Binance CHIPUSDT+0.0011%4h0.04687−0.192%$14.1M$26.1M50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0048%1h0.04694−0.049%$10K$25K10xas long as short
Bybit CHIPUSDT+0.0075%4h0.04691−0.106%$10.9M$8.9M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CHIP+0.0096%1h0.04690−0.128%$87K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04696+0.004%$14.7M$6.7M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04689−0.150%$51K$236K5xas long as short
Pacifica CHIP+0.0100%1h0.04690−0.128%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04691−0.106%$695K$910K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04689−0.149%$989K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04687−0.192%$2.0M$3.1M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04687−0.192%$1.9Mas long as short
Variational Omni CHIPshort+0.0100%4h0.04694−0.034%$878K$468K
ApeX Omni CHIPUSDTlong+0.0100%1h0.04696long leg$14K$247K50x
SunX CHIP-USDT+0.0100%4h0.04683−0.277%$720$1.1M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04716+0.420%$45K$40K50xas long as short
Nado CHIP-PERP+0.1308%1h0.04684−0.256%$234K$18K5xas long as short