Funding you earn now, next payment 01:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h 0.000%
Price spread now: Lighter against BloFin+0.087%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$840.839% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)−0.353%−$35 · spread now +0.087%, 7d avg +0.002%
=Together, before fees−0.422%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.085% dearer against BloFin than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.002%): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CHIP-USDT | 0.04617 | 0.0113 | pay 0.0056% / 4h | 3h 33m | $546K | $64K | 50x |
| Short | Lighter CHIP | 0.04621 | 0.0096 | get 0.0012% / 1h | 33m 14s | $86K | $108K | 3x |
BloFin CHIP-USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$3.47
- Price spread: +0.087% → +0.002%
- $8.46
- Slippage, 4 orders
- −$71.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$78.94
- Costs to cover
- 0.839%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 38 min ago; Lighter: live order book, 21 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 BloFin live order book, 38 min ago | 1.08 bp | 9.2 bp −$9 | 46.6 bp −$466 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 21 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 | −0.1168% | 1h | 0.04623 | +0.130% | $14K | $233K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0518% | 1h | 0.04624 | +0.152% | $14K | $248K | 50x | as long as short |
| Nado CHIP-PERP | −0.0179% | 1h | 0.04620 | +0.065% | $231K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04622 | +0.108% | $3K | $140K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0046% | 4h | 0.04618 | +0.022% | $1.9M | $9.0M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04624 | +0.147% | $10K | $24K | 10x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04621 | +0.087% | $86K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04627 | +0.208% | $14.5M | $6.6M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04622 | +0.100% | $48K | $237K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04622 | +0.113% | $13K | $628 | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04617 | −0.003% | $13.9M | $26.0M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04623 | +0.130% | $10.8M | $8.7M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04624 | +0.152% | $683K | $907K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04617 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04619 | +0.043% | $971K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04620 | +0.065% | $1.9M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04619 | +0.043% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04618 | +0.017% | $866K | $469K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04616 | −0.022% | $617 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04617 | −0.010% | $210K | $2.0M | 5x | as long as short |
| BloFin CHIP-USDTlong | +0.0113% | 4h | 0.04617 | long leg | $546K | $64K | 50x | |
| Aftermath Perps CHIPUSD | +0.0349% | 1h | 0.04620 | +0.067% | $85 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0928% | 1h | 0.04647 | +0.650% | $45K | $40K | 50x | as long as short |
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX