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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.42 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against BloFin+0.164%86s7-day average +0.006% · you sell dearer than you buy
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 3 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−1.111%−$111 · spread now +0.164%, 7d avg +0.006%
Together, before fees−1.114%+ Points / potential airdropVariational Omni: Active · farm board−$111 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.158% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CHIP-USDT0.046640.0015pay 0.0008% / 4h43m 51s$568K$63K50x
ShortVariational Omni CHIP0.046720.0100get 0.0050% / 4h43m 51s$831K$529K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$17.77
Price spread: +0.164% → +0.006%
$15.8
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$21.57
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 57 min ago; Variational Omni: RFQ quote, 15 min ago. 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, 57 min ago3.16 bp16.9 bp −$1759.5 bp −$595doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago6.38 bpdoesn't fit150.9 bp −$1,509doesn'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
Backpack CHIP_USDC_PERP−0.0683%1h0.04691+0.579%$34K$245K5xas long as short
ApeX Omni CHIPUSDT−0.0639%1h0.04657−0.150%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0561%4h0.04684+0.429%$10.8M$9.0M20xas long as short
Phoenix CHIP−0.0510%1h0.046640.000%$3K$129K5xas long as short
OKX CHIP-USDT-SWAP−0.0382%4h0.04678+0.300%$2.0M$9.5M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0112%1h0.04688+0.519%$10K$24K10xas long as short
Aster CHIPUSDT−0.0106%4h0.04685+0.459%$50K$276K5xas long as short
Nado CHIP-PERP−0.0072%1h0.04677+0.289%$237K$20K5xas long as short
BloFin CHIP-USDTlong+0.0015%4h0.04664long leg$568K$63K50x
Extended CHIP-USD+0.0072%1h0.04676+0.263%$213K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT+0.0072%4h0.04678+0.300%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0072%4h0.04680+0.343%$14.1M$26.8M50xas long as short
Lighter CHIP+0.0096%1h0.04685+0.450%$87K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04688+0.517%$14.6M$6.3M3xas long as short
Pacifica CHIP+0.0100%1h0.04673+0.197%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04682+0.386%$680K$950K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04683+0.407%$979K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04681+0.364%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04680+0.343%$1.9Mas long as short
Variational Omni CHIPshort+0.0100%4h0.04672+0.164%$831K$529K
SunX CHIP-USDT+0.0100%4h0.04678+0.300%$584$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0320%1h0.04678+0.303%$132$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+4.091%$47K$42K50xas long as short