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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.008%
Price spread now: Extended against Bitget−0.080%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.080%, 7d avg −0.121%
Together, before fees−0.060%+ Points / potential airdropExtended: Active · farm board−$6 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: Extended is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CHIPUSDT0.046640.0100pay 0.0050% / 4h2h 27m$1.9M$3.2M50x
ShortExtended CHIP-USD0.046600.0104get 0.0013% / 1h27m 40s$211K$1.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.080% → −0.121%
$4.13
Slippage, 4 orders
−$103.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$115.79
Costs to cover
1.208%
Break-even
971.9 days
Slippage from Bitget: live order book, 5 min ago; Extended: live order book, 1 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 Bitget live order book, 5 min ago1.07 bp14.3 bp −$1469.3 bp −$693doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago5.16 bp37.0 bp −$37251.2 bp −$2,512doesn't fitdoesn't fit

CHIP on 22 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
Backpack CHIP_USDC_PERP−0.1157%1h0.04667+0.064%$15K$219K5xas long as short
ApeX Omni CHIPUSDT−0.0236%1h0.04659−0.107%$16K$250K50xas long as short
Phoenix CHIP−0.0172%1h0.04666+0.043%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0010%4h0.04663−0.021%$1.9M$9.1M20xas long as short
Nado CHIP-PERP−0.0006%1h0.04655−0.204%$234K$19K5xas long as short
Lighter CHIP+0.0096%1h0.04665+0.021%$86K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04675+0.247%$14.7M$6.2M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04665+0.026%$37K$254K5xas long as short
Pacifica CHIP+0.0100%1h0.04666+0.043%$13K$6283xas long as short
Binance CHIPUSDT+0.0100%4h0.046640.000%$14.0M$25.9M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT+0.0100%4h0.04665+0.021%$10.9M$8.6M20xas long as short
Gate CHIP_USDT+0.0100%4h0.046640.000%$689K$952K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04663−0.021%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.046640.000%$979K$1.1M50xas long as short
Bitget CHIPUSDTlong+0.0100%4h0.04664long leg$1.9M$3.2M50x
BingX CHIP-USDT+0.0100%4h0.04660−0.086%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04662−0.037%$876K$459Kas long as short
SunX CHIP-USDT+0.0100%4h0.04653−0.236%$731$1.0M10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04660−0.080%$211K$1.9M5x
Aftermath Perps CHIPUSD+0.0414%1h0.04656−0.169%$93$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04715+1.085%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.1294%1h0.04671+0.154%$10K$24K10xas long as short