After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.022%7d average+0.003%fees + slippage, in and out−$62spread needed0.616%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04572 | 0.0018 | pay 0.0009% / 4h | 2h 39m | $560K | $153K | 50x |
| Short | Backpack CHIP_USDC_PERP | 0.04571 | −0.1443 | pay 0.0180% / 1h | 39m 13s | $17K | $236K | 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
- −$2.19
- Funding while held
- −$43.85
- Slippage, 4 orders
- −$39.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$107.59
- Spread needed to break even
- 0.616%
Slippage from BloFin: live order book, 64 min ago; Backpack: live order book, 61 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1462%
- Per $10,000 a day
- −$43.85
- 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 BloFin live order book, 64 min ago | 1.07 bp | 18.9 bp −$19 | 48.5 bp −$485 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 61 min ago | 3.22 bp | 10.9 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERPshort | −0.022% | −0.1443% | 1h | $17K | $236K | 5x | |
| BloFin CHIP-USDTlong | 0.000% | +0.0018% | 4h | $560K | $153K | 50x | |
| KuCoin CHIPUSDTM | +0.087% | +0.0100% | 4h | $980K | $1.3M | 50x | as long as short |
| Phoenix CHIP | +0.087% | −0.0345% | 1h | $3K | $178K | 5x | as long as short |
| SunX CHIP-USDT | +0.087% | +0.0100% | 4h | $792 | $1.1M | 10x | as long as short |
| Lighter CHIP | +0.109% | +0.0096% | 1h | $86K | $112K | 3x | as long as short |
| Nado CHIP-PERP | +0.120% | −0.0209% | 1h | $229K | $18K | 5x | as long as short |
| Pacifica CHIP | +0.125% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| Gate CHIP_USDT | +0.131% | +0.0100% | 4h | $673K | $849K | 50x | as long as short |
| MEXC CHIP_USDT | +0.153% | −0.0030% | 4h | $2.0M | $1.4M | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | +0.153% | −0.0376% | 1h | $13K | $247K | 50x | as long as short |
| Binance CHIPUSDT | +0.197% | −0.0030% | 4h | $14.0M | $26.3M | 50x | as long as short |
| Aster CHIPUSDT | +0.221% | +0.0100% | 4h | $44K | $216K | 5x | as long as short |
| Bitget CHIPUSDT | +0.241% | +0.0100% | 4h | $1.9M | $2.8M | 50x | as long as short |
| BingX CHIP-USDT | +0.241% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| OKX CHIP-USDT-SWAP | +0.262% | −0.0116% | 4h | $1.9M | $9.4M | 20x | as long as short |
| Extended CHIP-USD | +0.273% | −0.0032% | 1h | $208K | $1.3M | 5x | as long as short |
| Hyperliquid CHIP | +0.315% | +0.0100% | 1h | $14.7M | $7.0M | 3x | as long as short |
| Bybit CHIPUSDT | +0.328% | −0.0241% | 4h | $10.8M | $10.1M | 20x | as long as short |
| Variational Omni CHIP | +0.366% | +0.0100% | 4h | $859K | $452K | — | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.420% | +0.0426% | 1h | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.588% | −0.0099% | 1h | $64 | $41K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +1.461% | +0.0760% | 1h | $45K | $40K | 50x | as long as short |
BloFin CHIP-USDT
Backpack CHIP_USDC_PERP
KuCoin
Phoenix
SunX
Lighter
Pacifica
Gate
MEXC
ApeX Omni
Binance
Aster
Bitget
BingX
OKX
Extended
Hyperliquid
Bybit
Variational Omni
Deribit
Coinbase International