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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CHIPUSDT | 0.04552 | 0.0084 | pay 0.0042% / 4h | 1h 38m | $13.9M | $25.0M | 50x |
| Short | Phoenix CHIP | 0.04560 | −0.0177 | pay 0.0022% / 1h | 38m 13s | $3K | $146K | 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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 2.19 bp | 16.3 bp −$16 | 63.3 bp −$633 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 46 min ago | 4.40 bp | 26.8 bp −$27 | 71.6 bp −$716 | 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 | |
|---|---|---|---|---|---|---|---|
| SunX CHIP-USDT | −0.036% | +0.0100% | 4h | $849 | $1.1M | 10x | as long as short |
| Binance CHIPUSDTlong | 0.000% | +0.0084% | 4h | $13.9M | $25.0M | 50x | |
| MEXC CHIP_USDT | +0.008% | +0.0080% | 4h | $1.8M | $1.3M | 50x | as long as short |
| Extended CHIP-USD | +0.048% | +0.0088% | 1h | $207K | $1.3M | 5x | as long as short |
| OKX CHIP-USDT-SWAP | +0.052% | −0.0020% | 4h | $1.9M | $9.0M | 20x | as long as short |
| BingX CHIP-USDT | +0.052% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Pacifica CHIP | +0.071% | +0.0100% | 1h | $13K | $812 | 3x | as long as short |
| Lighter CHIP | +0.073% | +0.0096% | 1h | $85K | $111K | 3x | as long as short |
| KuCoin CHIPUSDTM | +0.073% | +0.0100% | 4h | $989K | $1.2M | 50x | as long as short |
| BloFin CHIP-USDT | +0.073% | +0.0092% | 4h | $553K | $93K | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.095% | +0.0100% | 4h | $10.7M | $8.9M | 20x | as long as short |
| Backpack CHIP_USDC_PERP | +0.095% | −0.0922% | 1h | $18K | $234K | 5x | as long as short |
| Nado CHIP-PERP | +0.106% | −0.0119% | 1h | $228K | $18K | 5x | as long as short |
| Aster CHIPUSDT | +0.114% | +0.0100% | 4h | $37K | $216K | 5x | as long as short |
| Bitget CHIPUSDT | +0.117% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| Gate CHIP_USDT | +0.139% | +0.0100% | 4h | $685K | $864K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.146% | 0.0000% | 1h | $10K | $24K | 10x | as long as short |
| Phoenix CHIPshort | +0.183% | −0.0177% | 1h | $3K | $146K | 5x | |
| Aftermath Perps CHIPUSD | +0.230% | +0.0093% | 1h | $171 | $40K | 5x | as long as short |
| Variational Omni CHIP | +0.254% | +0.0100% | 4h | $872K | $405K | — | as long as short |
| Hyperliquid CHIP | +0.282% | +0.0100% | 1h | $14.6M | $6.7M | 3x | as long as short |
| ApeX Omni CHIPUSDT | +0.425% | +0.0100% | 1h | $13K | $249K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.886% | +0.0920% | 1h | $45K | $39K | 50x | as long as short |
Binance CHIPUSDT
Phoenix CHIP
SunX
MEXC
Extended
OKX
BingX
Pacifica
Lighter
KuCoin
BloFin
Bybit
Backpack
Aster
Bitget
Gate
Deribit
Variational Omni
Hyperliquid
ApeX Omni
Coinbase International