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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.007%
Price spread now: Pacifica against BloFin−0.062%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.048230.0122pay 0.0061% / 4h3h 53m$530K$117K50x
ShortPacifica CHIP0.048200.0100get 0.0013% / 1h53m 57s$16K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$4.69
Price spread: −0.062% → 0.000%
−$6.22
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$30.91
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 22 min ago; Pacifica: no order-book sample. Net counts fees only.

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, 22 min ago6.28 bp23.2 bp −$23100.2 bp −$1,002doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit CHIPUSDT−0.0442%4h0.04820−0.062%$11.0M$9.0M20xas long as short
Phoenix CHIP−0.0335%1h0.04814−0.187%$3K$122K5xas long as short
ApeX Omni CHIPUSDT−0.0212%1h0.04790−0.684%$17K$247K50xas long as short
Gate CHIP_USDT−0.0188%4h0.04820−0.062%$721K$1.0M50xas long as short
OKX CHIP-USDT-SWAP−0.0058%4h0.04816−0.145%$2.2M$9.6M20xas long as short
KuCoin CHIPUSDTM−0.0044%4h0.04817−0.124%$1.0M$1.1M50xas long as short
Aftermath Perps CHIPUSD−0.0023%1h0.04805−0.381%$235$35K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04820−0.060%$10K$23K10xas long as short
Lighter CHIP+0.0096%1h0.04820−0.062%$100K$106K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04826+0.062%$14.9M$5.9M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04819−0.082%$49K$274K5xas long as short
Pacifica CHIPshort+0.0100%1h0.04820−0.062%$16K$4K3x
Binance CHIPUSDT+0.0100%4h0.04817−0.124%$14.5M$26.8M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04813−0.207%$1.9M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04819−0.083%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04815−0.166%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04801−0.452%$927K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.04812−0.228%$632$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04816−0.143%$219K$1.8M5xas long as short
BloFin CHIP-USDTlong+0.0122%4h0.04823long leg$530K$117K50x
Nado CHIP-PERP+0.0214%1h0.04816−0.156%$244K$18K5xas long as short
Backpack CHIP_USDC_PERP+0.0516%1h0.04819−0.083%$26K$211K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0896%1h0.04837+0.296%$46K$37K50xas long as short