Funding you earn now, next payment 08:00 UTC−0.0935%/8h= −102.4% APRnext payment −$1.17 per $10,000 · paid last 24h −0.201%
Price spread now: Aftermath Perps against Coinbase International−0.478%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Aftermath Perps is 0.478% cheaper against Coinbase International than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CHIP-PERP-INTX | 0.04815 | 0.0896 | pay 0.0112% / 1h | 58m 07s | $46K | $37K | 50x |
| Short | Aftermath Perps CHIPUSD | 0.04792 | −0.0039 | pay 0.0005% / 1h | 58m 07s | $57 | $35K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Coinbase International. 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
- −$196.38
- Price spread: −0.478% → 0.000%
- −$47.84
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$263.22
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Aftermath Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Coinbase International and Aftermath Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04782 | −0.681% | $3K | $121K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0255% | 1h | 0.04780 | −0.723% | $17K | $247K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0062% | 4h | 0.04791 | −0.494% | $2.2M | $9.5M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0044% | 4h | 0.04794 | −0.432% | $997K | $1.1M | 50x | as long as short |
| Aftermath Perps CHIPUSDshort | −0.0039% | 1h | 0.04792 | −0.478% | $57 | $35K | 5x | |
| BloFin CHIP-USDT | +0.0089% | 4h | 0.04798 | −0.349% | $578K | $100K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04795 | −0.411% | $100K | $106K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04798 | −0.339% | $14.8M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04794 | −0.435% | $49K | $275K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04799 | −0.336% | $16K | $4K | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0100% | 4h | 0.04790 | −0.507% | $14.4M | $26.8M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04795 | −0.411% | $10.9M | $8.9M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04795 | −0.411% | $680K | $967K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04790 | −0.515% | $1.9M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04793 | −0.453% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04790 | −0.515% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04791 | −0.497% | $923K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04796 | −0.390% | $572 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04787 | −0.572% | $217K | $1.9M | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.0230% | 1h | 0.04797 | −0.361% | $10K | $23K | 10x | as long as short |
| Nado CHIP-PERP | +0.0382% | 1h | 0.04788 | −0.546% | $242K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTXlong | +0.0896% | 1h | 0.04815 | long leg | $46K | $37K | 50x | |
| Backpack CHIP_USDC_PERP | +0.1054% | 1h | 0.04795 | −0.411% | $26K | $212K | 5x | as long as short |
Coinbase International CHIP-PERP-INTX
Aftermath Perps CHIPUSD
Phoenix CHIP
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Deribit CHIP_USDC-PERPETUAL
Backpack CHIP_USDC_PERP