data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

CHIP

all CHIP markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$127
spread now+0.021%7d average−0.032%fees + slippage, in and out−$132spread needed1.319%
Long on BybitShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CHIPUSDT0.04653−0.0327get 0.0164% / 4h18m 14s$11.1M$10.9M20x
ShortBackpack CHIP_USDC_PERP0.046540.0100get 0.0013% / 1h18m 14s$19K$233K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$2.15
Funding while held
$12.82
Slippage, 4 orders
−$110.93
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$116.96
Spread needed to break even
1.319%
Slippage from Bybit: live order book, 1 min ago; Backpack: live order book, 27 min ago.

Cost of waiting

funding view
Funding /8h
+0.0427%
Per $10,000 a day
+$12.82
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.15 bp47.0 bp −$47149.6 bp −$1,496doesn't fitdoesn't fit
Sell Backpack live order book, 27 min ago3.17 bp11.4 bp −$11doesn't fitdoesn't fitdoesn't fit

CHIP price on every exchange

against the cheapest. Click to use as the short leg.
OKX0.04644cheapestSunX0.04645+0.022%Extended0.04647+0.060%MEXC0.04647+0.065%Binance0.04648+0.086%BingX0.04648+0.086%Nado0.04649+0.108%BloFin0.04649+0.108%Deribit0.04650+0.123%Pacifica0.04650+0.129%Lighter0.04651+0.151%
Bybit0.04653+0.194%
KuCoin0.04653+0.194%Bitget0.04654+0.215%
Backpack0.04654+0.215%
Aster0.04655+0.228%ApeX Omni0.04655+0.237%Gate0.04656+0.258%Aftermath Perps0.04657+0.288%Hyperliquid0.04658+0.293%Variational Omni0.04658+0.304%Phoenix0.04659+0.323%Coinbase International0.04676+0.689%

CHIP on 23 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX CHIP-USDT-SWAP−0.193%+0.0100%4h$2.0M$9.9M20xas long as short
SunX CHIP-USDT−0.172%+0.0100%4h$743$1.1M10xas long as short
Extended CHIP-USD−0.134%+0.0104%1h$212K$1.3M5xas long as short
MEXC CHIP_USDT−0.129%+0.0100%4h$2.1M$1.4M50xas long as short
Binance CHIPUSDT−0.107%+0.0100%4h$14.2M$26.6M50xas long as short
BingX CHIP-USDT−0.107%+0.0100%4h—$1.9M—as long as short
Nado CHIP-PERP−0.086%+0.0202%1h$254K$4K5xas long as short
BloFin CHIP-USDT−0.086%+0.0049%4h$581K$159K50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.071%−0.0674%1h$10K$25K10xas long as short
Pacifica CHIP−0.064%+0.0100%1h$13K$7843xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter CHIP−0.043%+0.0096%1h$87K$110K3xas long as short
Bybit CHIPUSDTlong0.000%−0.0327%4h$11.1M$10.9M20x
KuCoin CHIPUSDTM0.000%+0.0100%4h$1.0M$1.4M50xas long as short
Bitget CHIPUSDT+0.021%+0.0100%4h$1.9M$2.8M50xas long as short
Backpack CHIP_USDC_PERPshort+0.021%+0.0100%1h$19K$233K5x
Aster CHIPUSDT+0.034%+0.0085%4h$45K$216K5xas long as short
ApeX Omni CHIPUSDT+0.043%−0.0790%1h$12K$247K50xas long as short
Gate CHIP_USDT+0.064%+0.0100%4h$691K$881K50xas long as short
Aftermath Perps CHIPUSD+0.094%+0.0166%1h$252$42K5xas long as short
Hyperliquid CHIP+0.099%+0.0100%1h$15.0M$7.0M3xas long as short
Variational Omni CHIP+0.110%+0.0100%4h$909K$452K—as long as short
Phoenix CHIP+0.129%−0.0168%1h$3K$174K5xas long as short
Coinbase International CHIP-PERP-INTX+0.494%+0.1176%1h$50K$35K50xas long as short