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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Aster against BloFin−0.021%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.038%−$4 on $10k
Price spread, last 4 days (all we have)−1.176%−$118 · spread now −0.021%, 7d avg +0.034%
Together, before fees−1.214%+ Points / potential airdropAster: Stage 5 · farm board−$121 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: Aster is 0.054% cheaper against BloFin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.047890.0101pay 0.0051% / 4h3h 13m$573K$118K50x
ShortAster CHIPUSDT0.047880.0100get 0.0050% / 4h3h 13m$49K$275K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$0.22
Price spread: −0.021% → +0.034%
−$5.45
Slippage, 4 orders
−$88.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$113.95
Costs to cover
1.083%
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Aster: live order book, 19 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 BloFin live order book, 63 min ago6.28 bp23.2 bp −$23100.2 bp −$1,002doesn't fitdoesn't fit
Sell Aster live order book, 19 min ago7.35 bp28.0 bp −$28doesn't fitdoesn't fitdoesn't fit

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
Aftermath Perps CHIPUSD−0.0168%1h0.04790+0.011%$115$35K5xas long as short
Phoenix CHIP−0.0167%1h0.04797+0.167%$3K$122K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0147%1h0.04787−0.038%$10K$23K10xas long as short
ApeX Omni CHIPUSDT−0.0132%1h0.04794+0.104%$16K$247K50xas long as short
OKX CHIP-USDT-SWAP+0.0005%4h0.04783−0.125%$2.2M$9.5M20xas long as short
Nado CHIP-PERP+0.0024%1h0.04786−0.063%$242K$18K5xas long as short
KuCoin CHIPUSDTM+0.0064%4h0.047890.000%$1.0M$1.2M50xas long as short
Lighter CHIP+0.0096%1h0.047890.000%$99K$106K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04793+0.086%$14.8M$5.9M3xas long as short
Aster CHIPUSDTshort+0.0100%4h0.04788−0.021%$49K$275K5x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04785−0.090%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04785−0.084%$14.4M$26.8M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04787−0.042%$10.9M$8.9M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04794+0.104%$720K$1.0M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04786−0.063%$1.9M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04785−0.084%$2.0M$3.5M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04786−0.063%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04794+0.104%$26K$210K5xas long as short
Variational Omni CHIP+0.0100%4h0.04810+0.445%$927K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.04790+0.021%$772$1.0M10xas long as short
BloFin CHIP-USDTlong+0.0101%4h0.04789long leg$573K$118K50x
Extended CHIP-USD+0.0104%1h0.04781−0.173%$222K$1.7M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0896%1h0.04824+0.729%$46K$37K50xas long as short