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−$69
spread now+0.183%7d average−0.007%fees + slippage, in and out−$88spread needed0.876%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CHIPUSDT0.045520.0084pay 0.0042% / 4h1h 38m$13.9M$25.0M50x
ShortPhoenix CHIP0.04560−0.0177pay 0.0022% / 1h38m 13s$3K$146K5x

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
$18.33
Funding while held
−$7.82
Slippage, 4 orders
−$70.63
Fee Binance: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$77.12
Spread needed to break even
0.876%
Slippage from Binance: live order book, 4 min ago; Phoenix: live order book, 46 min ago.

Cost of waiting

funding view
Funding /8h
−0.0261%
Per $10,000 a day
$7.82
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 Binance live order book, 4 min ago2.19 bp16.3 bp −$1663.3 bp −$633doesn't fitdoesn't fit
Sell Phoenix live order book, 46 min ago4.40 bp26.8 bp −$2771.6 bp −$716doesn'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
SunX CHIP-USDT−0.036%+0.0100%4h$849$1.1M10xas long as short
Binance CHIPUSDTlong0.000%+0.0084%4h$13.9M$25.0M50x
MEXC CHIP_USDT+0.008%+0.0080%4h$1.8M$1.3M50xas long as short
Extended CHIP-USD+0.048%+0.0088%1h$207K$1.3M5xas long as short
OKX CHIP-USDT-SWAP+0.052%−0.0020%4h$1.9M$9.0M20xas long as short
BingX CHIP-USDT+0.052%+0.0100%4h$1.9Mas long as short
Pacifica CHIP+0.071%+0.0100%1h$13K$8123xas long as short
Lighter CHIP+0.073%+0.0096%1h$85K$111K3xas long as short
KuCoin CHIPUSDTM+0.073%+0.0100%4h$989K$1.2M50xas long as short
BloFin CHIP-USDT+0.073%+0.0092%4h$553K$93K50xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit CHIPUSDT+0.095%+0.0100%4h$10.7M$8.9M20xas long as short
Backpack CHIP_USDC_PERP+0.095%−0.0922%1h$18K$234K5xas long as short
Nado CHIP-PERP+0.106%−0.0119%1h$228K$18K5xas long as short
Aster CHIPUSDT+0.114%+0.0100%4h$37K$216K5xas long as short
Bitget CHIPUSDT+0.117%+0.0100%4h$1.9M$2.9M50xas long as short
Gate CHIP_USDT+0.139%+0.0100%4h$685K$864K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.146%0.0000%1h$10K$24K10xas long as short
Phoenix CHIPshort+0.183%−0.0177%1h$3K$146K5x
Aftermath Perps CHIPUSD+0.230%+0.0093%1h$171$40K5xas long as short
Variational Omni CHIP+0.254%+0.0100%4h$872K$405Kas long as short
Hyperliquid CHIP+0.282%+0.0100%1h$14.6M$6.7M3xas long as short
ApeX Omni CHIPUSDT+0.425%+0.0100%1h$13K$249K50xas long as short
Coinbase International CHIP-PERP-INTX+0.886%+0.0920%1h$45K$39K50xas long as short