data as of
Settings8H · net · $10k
Price arb /

CHIP

all CHIP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$66
spread now−0.088%7d average−0.003%fees + slippage, in and out−$58spread needed0.577%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack CHIP_USDC_PERP0.04523−0.1332get 0.0166% / 1h56m 47s$18K$235K5x
ShortBloFin CHIP-USDT0.045190.0041get 0.0020% / 4h1h 56m$551K$109K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$8.84
Funding while held
$41.17
Slippage, 4 orders
−$35.71
Fee Backpack: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.38
Spread needed to break even
0.577%
Slippage from Backpack: live order book, 39 min ago; BloFin: live order book, 41 min ago.

Cost of waiting

funding view
Funding /8h
+0.1372%
Per $10,000 a day
+$41.17
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 39 min ago1.09 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 41 min ago2.18 bp22.5 bp −$2351.5 bp −$515doesn't fitdoesn't fit

CHIP price on every exchange

against the cheapest. Click to use as the short leg.

CHIP on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin CHIP-USDTshort−0.088%+0.0041%4h$551K$109K50x
Binance CHIPUSDT−0.071%+0.0038%4h$13.8M$25.2M50xas long as short
OKX CHIP-USDT-SWAP−0.044%−0.0072%4h$1.9M$9.0M20xas long as short
MEXC CHIP_USDT−0.044%+0.0032%4h$2.0M$1.3M50xas long as short
Bitget CHIPUSDT−0.044%+0.0100%4h$1.8M$2.9M50xas long as short
Extended CHIP-USD−0.037%+0.0040%1h$205K$1.3M5xas long as short
BingX CHIP-USDT−0.022%+0.0100%4h$1.9Mas long as short
Aster CHIPUSDT0.000%+0.0100%4h$37K$213K5xas long as short
Pacifica CHIP0.000%+0.0100%1h$13K$8123xas long as short
Bybit CHIPUSDT0.000%+0.0100%4h$10.6M$9.2M20xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack CHIP_USDC_PERPlong0.000%−0.1332%1h$18K$235K5x
SunX CHIP-USDT0.000%+0.0100%4h$597$1.0M10xas long as short
KuCoin CHIPUSDTM+0.022%+0.0100%4h$983K$1.2M50xas long as short
Nado CHIP-PERP+0.033%−0.0078%1h$226K$18K5xas long as short
Lighter CHIP+0.044%+0.0096%1h$84K$111K3xas long as short
Gate CHIP_USDT+0.066%+0.0100%4h$673K$848K50xas long as short
Hyperliquid CHIP+0.141%+0.0100%1h$14.5M$6.9M3xas long as short
Aftermath Perps CHIPUSD+0.155%+0.0130%1h$93$40K5xas long as short
ApeX Omni CHIPUSDT+0.155%−0.0303%1h$13K$248K50xas long as short
Phoenix CHIP+0.177%−0.0177%1h$3K$146K5xas long as short
Deribit CHIP_USDC-PERPETUAL+0.181%+0.0258%1h$10K$24K10xas long as short
Variational Omni CHIP+0.264%+0.0100%4h$847K$394Kas long as short
Coinbase International CHIP-PERP-INTX+0.681%+0.0920%1h$44K$39K50xas long as short