Funding you earn now, next payment 02:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h +0.053%
Price spread now: Nado against Bybit−0.147%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 3 days (all we have)+0.215%+$22 on $10k
+Price spread, last 4 days (all we have)+0.355%+$36 · spread now −0.147%, 7d avg −0.069%
=Together, before fees+0.570%+ Points / potential airdropNado: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.078% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.069%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.215%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CHIPUSDT | 0.04757 | −0.0074 | get 0.0037% / 4h | 2h 02m | $11.1M | $8.7M | 20x |
| Short | Nado CHIP-PERP | 0.04750 | −0.0098 | pay 0.0012% / 1h | 2m 53s | $240K | $19K | 5x |
Bybit CHIPUSDT
Nado CHIP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- −$5.14
- Price spread: −0.147% → −0.069%
- −$7.82
- Slippage, 4 orders
- −$96.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$127.85
- Costs to cover
- 1.149%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Nado: live order book, 65 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 Bybit live order book, 5 min ago | 3.17 bp | 37.7 bp −$38 | 148.6 bp −$1,486 | doesn't fit | doesn't fit |
| Sell Nado live order book, 65 min ago | 5.11 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
CHIP on 22 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 | −0.1510% | 1h | 0.04755 | −0.042% | $14K | $221K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0180% | 1h | 0.04717 | −0.841% | $16K | $244K | 50x | as long as short |
| Phoenix CHIP | −0.0172% | 1h | 0.04725 | −0.673% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0102% | 4h | 0.04753 | −0.084% | $2.0M | $9.4M | 20x | as long as short |
| Nado CHIP-PERPshort | −0.0098% | 1h | 0.04750 | −0.147% | $240K | $19K | 5x | |
| Bybit CHIPUSDTlong | −0.0074% | 4h | 0.04757 | long leg | $11.1M | $8.7M | 20x | |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04761 | +0.076% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | +0.0083% | 4h | 0.04755 | −0.042% | $39K | $263K | 5x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04757 | 0.000% | $88K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04768 | +0.229% | $15.0M | $6.1M | 3x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
Lighter CHIP
Hyperliquid CHIPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04752 | −0.105% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04753 | −0.084% | $14.4M | $26.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04754 | −0.063% | $702K | $969K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04750 | −0.147% | $1.8M | $1.2M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04755 | −0.042% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04753 | −0.084% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04754 | −0.063% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04750 | −0.144% | $901K | $467K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04744 | −0.273% | $605 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04750 | −0.151% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0403% | 1h | 0.04746 | −0.234% | $72 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04767 | +0.204% | $46K | $41K | 50x | as long as short |
Pacifica CHIP
Binance 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