Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX0.000%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now 0.000%, 7d avg +0.013%
=Together, before fees+0.027%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CHIP-USDT | 0.04680 | 0.0100 | pay 0.0050% / 4h | 3h 08m | — | $1.9M | — |
| Short | Lighter CHIP | 0.04680 | 0.0096 | get 0.0012% / 1h | 8m 51s | $87K | $108K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: 0.000% → +0.013%
- −$1.26
- Slippage, 4 orders
- −$84.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$96.7
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Lighter: live order book, 46 min ago.
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 BingX live order book, 9 min ago | 5.38 bp | 22.3 bp −$22 | 71.5 bp −$715 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 46 min ago | 16.21 bp | 19.8 bp −$20 | 117.9 bp −$1,179 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0749% | 1h | 0.04679 | −0.021% | $14K | $229K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0284% | 1h | 0.04673 | −0.150% | $17K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04677 | −0.064% | $3K | $140K | 5x | as long as short |
| Nado CHIP-PERP | −0.0140% | 1h | 0.04676 | −0.075% | $234K | $18K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | +0.0008% | 4h | 0.04681 | +0.021% | $2.0M | $9.1M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0044% | 4h | 0.04672 | −0.171% | $549K | $65K | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04680 | 0.000% | $87K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04689 | +0.192% | $14.7M | $6.5M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04679 | −0.017% | $49K | $238K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04684 | +0.075% | $13K | $628 | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04679 | −0.021% | $14.1M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04683 | +0.064% | $10.9M | $8.6M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04684 | +0.085% | $693K | $911K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04678 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04683 | +0.064% | $980K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04680 | 0.000% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDTlong | +0.0100% | 4h | 0.04680 | long leg | — | $1.9M | — | |
| Variational Omni CHIP | +0.0100% | 4h | 0.04677 | −0.070% | $879K | $458K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04675 | −0.107% | $774 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04677 | −0.055% | $212K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0305% | 1h | 0.04677 | −0.065% | $86 | $38K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0647% | 1h | 0.04689 | +0.182% | $10K | $24K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04696 | +0.353% | $45K | $40K | 50x | as long as short |
BingX CHIP-USDT
Lighter CHIP
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Deribit CHIP_USDC-PERPETUAL
Coinbase International CHIP-PERP-INTX