After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.097%7d average−0.080%fees + slippage, in and out−$89spread needed0.887%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CHIP_USDC_PERP | 0.04587 | −0.1408 | get 0.0176% / 1h | 41m 43s | $17K | $236K | 5x |
| Short | Extended CHIP-USD | 0.04583 | −0.0032 | pay 0.0004% / 1h | 41m 43s | $208K | $1.3M | 5x |
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
- −$9.74
- Funding while held
- $41.27
- Slippage, 4 orders
- −$73.75
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.22
- Spread needed to break even
- 0.887%
Slippage from Backpack: live order book, 59 min ago; Extended: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1376%
- Per $10,000 a day
- +$41.27
- 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, 59 min ago | 3.22 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.62 bp | 30.1 bp −$30 | 263.8 bp −$2,638 | 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 | |
|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | −0.109% | −0.0029% | 4h | $14.0M | $26.6M | 50x | as long as short |
| Extended CHIP-USDshort | −0.097% | −0.0032% | 1h | $208K | $1.3M | 5x | |
| OKX CHIP-USDT-SWAP | −0.087% | −0.0114% | 4h | $1.9M | $9.6M | 20x | as long as short |
| Bitget CHIPUSDT | −0.087% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| BingX CHIP-USDT | −0.087% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| SunX CHIP-USDT | −0.087% | +0.0100% | 4h | $901 | $1.1M | 10x | as long as short |
| Lighter CHIP | −0.065% | +0.0096% | 1h | $86K | $112K | 3x | as long as short |
| MEXC CHIP_USDT | −0.065% | −0.0028% | 4h | $2.0M | $1.4M | 50x | as long as short |
| Bybit CHIPUSDT | −0.044% | −0.0315% | 4h | $10.7M | $10.3M | 20x | as long as short |
| Nado CHIP-PERP | −0.011% | −0.0228% | 1h | $230K | $18K | 5x | 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% | −0.1408% | 1h | $17K | $236K | 5x | |
| Gate CHIP_USDT | +0.065% | +0.0100% | 4h | $675K | $848K | 50x | as long as short |
| Hyperliquid CHIP | +0.072% | +0.0100% | 1h | $14.7M | $7.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.076% | +0.0100% | 4h | $44K | $216K | 5x | as long as short |
| KuCoin CHIPUSDTM | +0.131% | +0.0100% | 4h | $983K | $1.3M | 50x | as long as short |
| Pacifica CHIP | +0.181% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.205% | +0.0577% | 1h | $10K | $25K | 10x | as long as short |
| ApeX Omni CHIPUSDT | +0.240% | −0.0214% | 1h | $13K | $246K | 50x | as long as short |
| BloFin CHIP-USDT | +0.305% | −0.0062% | 4h | $563K | $153K | 50x | as long as short |
| Phoenix CHIP | +0.327% | −0.0345% | 1h | $3K | $178K | 5x | as long as short |
| Variational Omni CHIP | +0.450% | +0.0100% | 4h | $866K | $452K | — | as long as short |
| Aftermath Perps CHIPUSD | +0.594% | −0.0128% | 1h | $129 | $41K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +1.129% | +0.0760% | 1h | $45K | $40K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Extended CHIP-USD
Binance
OKX
Bitget
BingX
SunX
Lighter
MEXC
Bybit
Gate
Hyperliquid
Aster
KuCoin
Pacifica
Deribit
ApeX Omni
BloFin
Phoenix
Variational Omni
Coinbase International