Spread before costs (cost unknown: a leg has no order-book sample)−0.426%
7d average—if it closes, per $10,000$43funding while held, a day−$32.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CHIP-PERP-INTX | 0.04698 | 0.1064 | pay 0.0133% / 1h | 31m 05s | $51K | $35K | 50x |
| Short | Bybit CHIPUSDT | 0.04678 | −0.0025 | pay 0.0012% / 4h | 3h 31m | $11.1M | $10.5M | 20x |
Coinbase International CHIP-PERP-INTX
Bybit CHIPUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$42.57
- Funding while held
- −$32.66
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$96.24
- Spread needed to break even
- 0.210%
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1089%
- Per $10,000 a day
- −$32.66
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 2.15 bp | 46.2 bp −$46 | 137.9 bp −$1,379 | doesn't fit | doesn't fit |
Coinbase International: 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 price on every exchange
against the cheapest. Click to use as the short leg.Phoenix0.04652cheapestApeX Omni0.04658+0.129%Variational Omni0.04664+0.265%Aftermath Perps0.04666+0.302%Binance0.04671+0.408%Gate0.04672+0.430%OKX0.04674+0.473%KuCoin0.04674+0.473%BingX0.04674+0.473%MEXC0.04676+0.516%Bitget0.04676+0.516%Nado0.04677+0.527%BloFin0.04677+0.537%
Phoenix
ApeX Omni
Variational Omni
Binance
Gate
OKX
KuCoin
BingX
MEXC
Bitget
Nado
BloFinBybit0.04678+0.559%
Backpack0.04678+0.559%SunX0.04678+0.559%Extended0.04679+0.573%Pacifica0.04680+0.595%Hyperliquid0.04680+0.606%Lighter0.04681+0.623%Aster0.04683+0.660%Deribit0.04688+0.765%
Backpack
SunX
Extended
Pacifica
Hyperliquid
Lighter
Aster
DeribitCoinbase International0.04698+0.989%
CHIP on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.979% | −0.0171% | 1h | $3K | $178K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.851% | −0.0865% | 1h | $13K | $248K | 50x | as long as short |
| Variational Omni CHIP | −0.717% | +0.0100% | 4h | $913K | $445K | — | as long as short |
| Aftermath Perps CHIPUSD | −0.680% | +0.0003% | 1h | $174 | $41K | 5x | as long as short |
| Binance CHIPUSDT | −0.575% | +0.0078% | 4h | $14.3M | $26.8M | 50x | as long as short |
| Gate CHIP_USDT | −0.553% | +0.0100% | 4h | $693K | $877K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.511% | +0.0087% | 4h | $1.9M | $9.9M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.511% | +0.0100% | 4h | $995K | $1.3M | 50x | as long as short |
| BingX CHIP-USDT | −0.511% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| MEXC CHIP_USDT | −0.468% | +0.0076% | 4h | $2.1M | $1.4M | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CHIPUSDT | −0.468% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| Nado CHIP-PERP | −0.458% | −0.0011% | 1h | $234K | $16K | 5x | as long as short |
| BloFin CHIP-USDT | −0.447% | +0.0094% | 4h | $570K | $161K | 50x | as long as short |
| Bybit CHIPUSDTshort | −0.426% | −0.0025% | 4h | $11.1M | $10.5M | 20x | |
| Backpack CHIP_USDC_PERP | −0.426% | −0.0299% | 1h | $17K | $237K | 5x | as long as short |
| SunX CHIP-USDT | −0.426% | +0.0100% | 4h | $636 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | −0.412% | +0.0080% | 1h | $213K | $1.3M | 5x | as long as short |
| Pacifica CHIP | −0.390% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| Hyperliquid CHIP | −0.379% | +0.0100% | 1h | $15.1M | $7.1M | 3x | as long as short |
| Lighter CHIP | −0.362% | +0.0096% | 1h | $88K | $111K | 3x | as long as short |
| Aster CHIPUSDT | −0.325% | +0.0100% | 4h | $45K | $216K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.221% | +0.0561% | 1h | $10K | $25K | 10x | as long as short |
| Coinbase International CHIP-PERP-INTXlong | 0.000% | +0.1064% | 1h | $51K | $35K | 50x |