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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against Binance+0.132%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.037%+$4 · spread now +0.132%, 7d avg +0.108%
Together, before fees+0.036%+$4 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: Gate is 0.025% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.046660.0100pay 0.0050% / 4h1h 57m$13.9M$26.1M50x
ShortGate CHIP_USDT0.046720.0100get 0.0050% / 4h1h 57m$715K$783K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: +0.132% → +0.108%
$2.48
Slippage, 4 orders
−$98.34
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$120.86
Costs to cover
1.233%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.07 bp22.1 bp −$22149.1 bp −$1,491doesn't fitdoesn't fit
Sell Gate live order book, 52 min ago5.31 bp38.1 bp −$38242.4 bp −$2,424doesn't fitdoesn't fit

CHIP on 23 exchanges

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−0.0772%1h0.04675+0.197%$25K$177K5xas long as short
ApeX Omni CHIPUSDT−0.0332%1h0.04672+0.132%$16K$246K50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0285%1h0.04674+0.173%$9K$2K10xas long as short
Phoenix CHIP−0.0169%1h0.04657−0.189%$3K$121K5xas long as short
Aftermath Perps CHIPUSD−0.0116%1h0.04674+0.186%$90$34K5xas long as short
Nado CHIP-PERP−0.0076%1h0.04664−0.039%$236K$18K5xas long as short
OKX CHIP-USDT-SWAP−0.0073%4h0.04664−0.039%$2.1M$8.9M20xas long as short
Bybit CHIPUSDT+0.0072%4h0.04670+0.090%$10.5M$8.6M20xas long as short
Lighter CHIP+0.0096%1h0.04667+0.025%$97K$89K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04675+0.186%$14.0M$5.6M3xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04668+0.042%$48K$270K5xas long as short
Pacifica CHIP+0.0100%1h0.04670+0.090%$16K$4K3xas long as short
Binance CHIPUSDTlong+0.0100%4h0.04666long leg$13.9M$26.1M50x
Gate CHIP_USDTshort+0.0100%4h0.04672+0.132%$715K$783K50x
MEXC CHIP_USDT+0.0100%4h0.04666+0.004%$1.8M$950K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04667+0.025%$959K$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04671+0.111%$2.0M$3.5M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04668+0.047%$1.8Mas long as short
Variational Omni CHIP+0.0100%4h0.04651−0.309%$861K$505Kas long as short
SunX CHIP-USDT+0.0100%4h0.04666+0.004%$566$941K10xas long as short
Extended CHIP-USD+0.0104%1h0.04665−0.008%$211K$1.7M5xas long as short
BloFin CHIP-USDT+0.0108%4h0.04657−0.189%$567K$115K50xas long as short
Coinbase International CHIP-PERP-INTX+0.1616%1h0.04659−0.146%$50K$50K50xas long as short