Funding you earn now, next payment 00:00 UTC+0.1361%/8h= +149.0% APRpaid last 24h +0.096%
Price spread now: Aster against Backpack+0.039%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 5 days (all we have)−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.039%, 7d avg +0.025%
=Together, before fees−0.094%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$41 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.103%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.103% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CHIP_USDC_PERP | 0.04689 | −0.1261 | get 0.0158% / 1h | 33m 45s | $14K | $234K | 5x |
| Short | Aster CHIPUSDT | 0.04691 | 0.0100 | get 0.0050% / 4h | 33m 45s | $51K | $236K | 5x |
Backpack CHIP_USDC_PERP
Aster CHIPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $285.81
- Price spread: +0.039% → +0.025%
- $1.38
- Slippage, 4 orders
- −$57.83
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $211.35
- Costs to cover
- 0.758%
- Break-even
- 1.8 days
Slippage from Backpack: live order book, 44 min ago; Aster: live order book, 43 min ago.
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 Backpack live order book, 44 min ago | 1.09 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 43 min ago | 3.25 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
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_PERPlong | −0.1261% | 1h | 0.04689 | long leg | $14K | $234K | 5x | |
| Phoenix CHIP | −0.0173% | 1h | 0.04708 | +0.405% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0066% | 1h | 0.04703 | +0.290% | $87 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0062% | 4h | 0.04686 | −0.064% | $2.0M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04692 | +0.070% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | +0.0026% | 1h | 0.04714 | +0.533% | $14K | $248K | 50x | as long as short |
| Bybit CHIPUSDT | +0.0031% | 4h | 0.04689 | 0.000% | $10.9M | $8.9M | 20x | as long as short |
| Extended CHIP-USD | +0.0032% | 1h | 0.04688 | −0.018% | $214K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0032% | 4h | 0.04687 | −0.043% | $1.8M | $1.1M | 50x | as long as short |
| Binance CHIPUSDT | +0.0034% | 4h | 0.04686 | −0.064% | $14.1M | $26.2M | 50x | as long as short |
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Extended CHIP-USD
MEXC CHIP_USDT
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | +0.0057% | 4h | 0.04703 | +0.299% | $549K | $67K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04690 | +0.021% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04700 | +0.245% | $14.8M | $6.8M | 3x | as long as short |
| Aster CHIPUSDTshort | +0.0100% | 4h | 0.04691 | +0.039% | $51K | $236K | 5x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04690 | +0.021% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04695 | +0.128% | $694K | $912K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04697 | +0.171% | $990K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04690 | +0.021% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04689 | 0.000% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | +0.330% | $885K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04699 | +0.213% | $868 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0356% | 1h | 0.04687 | −0.043% | $234K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04739 | +1.060% | $46K | $41K | 50x | as long as short |
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Nado CHIP-PERP
Coinbase International CHIP-PERP-INTX