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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CHIP_USDC_PERP | 0.04523 | −0.1332 | get 0.0166% / 1h | 56m 47s | $18K | $235K | 5x |
| Short | BloFin CHIP-USDT | 0.04519 | 0.0041 | get 0.0020% / 4h | 1h 56m | $551K | $109K | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 39 min ago | 1.09 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 2.18 bp | 22.5 bp −$23 | 51.5 bp −$515 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDTshort | −0.088% | +0.0041% | 4h | $551K | $109K | 50x | |
| Binance CHIPUSDT | −0.071% | +0.0038% | 4h | $13.8M | $25.2M | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.044% | −0.0072% | 4h | $1.9M | $9.0M | 20x | as long as short |
| MEXC CHIP_USDT | −0.044% | +0.0032% | 4h | $2.0M | $1.3M | 50x | as long as short |
| Bitget CHIPUSDT | −0.044% | +0.0100% | 4h | $1.8M | $2.9M | 50x | as long as short |
| Extended CHIP-USD | −0.037% | +0.0040% | 1h | $205K | $1.3M | 5x | as long as short |
| BingX CHIP-USDT | −0.022% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Aster CHIPUSDT | 0.000% | +0.0100% | 4h | $37K | $213K | 5x | as long as short |
| Pacifica CHIP | 0.000% | +0.0100% | 1h | $13K | $812 | 3x | as long as short |
| Bybit CHIPUSDT | 0.000% | +0.0100% | 4h | $10.6M | $9.2M | 20x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERPlong | 0.000% | −0.1332% | 1h | $18K | $235K | 5x | |
| SunX CHIP-USDT | 0.000% | +0.0100% | 4h | $597 | $1.0M | 10x | as long as short |
| KuCoin CHIPUSDTM | +0.022% | +0.0100% | 4h | $983K | $1.2M | 50x | as long as short |
| Nado CHIP-PERP | +0.033% | −0.0078% | 1h | $226K | $18K | 5x | as long as short |
| Lighter CHIP | +0.044% | +0.0096% | 1h | $84K | $111K | 3x | as long as short |
| Gate CHIP_USDT | +0.066% | +0.0100% | 4h | $673K | $848K | 50x | as long as short |
| Hyperliquid CHIP | +0.141% | +0.0100% | 1h | $14.5M | $6.9M | 3x | as long as short |
| Aftermath Perps CHIPUSD | +0.155% | +0.0130% | 1h | $93 | $40K | 5x | as long as short |
| ApeX Omni CHIPUSDT | +0.155% | −0.0303% | 1h | $13K | $248K | 50x | as long as short |
| Phoenix CHIP | +0.177% | −0.0177% | 1h | $3K | $146K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.181% | +0.0258% | 1h | $10K | $24K | 10x | as long as short |
| Variational Omni CHIP | +0.264% | +0.0100% | 4h | $847K | $394K | — | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.681% | +0.0920% | 1h | $44K | $39K | 50x | as long as short |
Backpack CHIP_USDC_PERP
BloFin CHIP-USDT
Binance
OKX
MEXC
Bitget
Extended
BingX
Aster
Pacifica
Bybit
SunX
KuCoin
Lighter
Gate
Hyperliquid
ApeX Omni
Phoenix
Deribit
Variational Omni
Coinbase International