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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.002%
Price spread now: Pacifica against Binance+0.145%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Pacifica is 0.145% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.047320.0090pay 0.0045% / 4h0m 29s$14.3M$27.0M50x
ShortPacifica CHIP0.047390.0100get 0.0013% / 1h0m 29s$16K$3K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$2.09
Price spread: +0.145% → 0.000%
$14.49
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$1.42
Costs to cover
0.180%
Break-even
11.8 days
Slippage unknown: Binance: live order book, 11 min ago; Pacifica: no order-book sample. Net counts fees only.

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, 11 min ago1.05 bp19.2 bp −$19103.0 bp −$1,030doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CHIP−0.0510%1h0.04745+0.265%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0314%4h0.04731−0.031%$2.0M$9.7M20xas long as short
ApeX Omni CHIPUSDT−0.0291%1h0.04743+0.223%$16K$244K50xas long as short
Backpack CHIP_USDC_PERP−0.0231%1h0.04750+0.371%$34K$251K5xas long as short
Bybit CHIPUSDT−0.0230%4h0.04739+0.139%$10.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0109%1h0.04731−0.031%$239K$20K5xas long as short
Aster CHIPUSDT−0.0003%4h0.04738+0.114%$56K$279K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04747+0.314%$10K$24K10xas long as short
MEXC CHIP_USDT+0.0086%4h0.04734+0.033%$1.8M$1.2M50xas long as short
Extended CHIP-USD+0.0088%1h0.04729−0.069%$215K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDTlong+0.0090%4h0.04732long leg$14.3M$27.0M50x
Lighter CHIP+0.0096%1h0.04737+0.096%$97K$117K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04743+0.212%$14.7M$6.2M3xas long as short
Pacifica CHIPshort+0.0100%1h0.04739+0.145%$16K$3K3x
Gate CHIP_USDT+0.0100%4h0.04739+0.139%$686K$992K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04739+0.139%$984K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04733+0.012%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04731−0.031%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04751+0.396%$844K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04747+0.308%$612$1.0M10xas long as short
BloFin CHIP-USDT+0.0119%4h0.04741+0.181%$569K$66K50xas long as short
Aftermath Perps CHIPUSD+0.0127%1h0.04746+0.297%$125$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04765+0.688%$46K$41K50xas long as short