CHIP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0584%/8h= +63.9% APRnext payment +$0.73 per $10,000 · paid last 24h −0.084%

Price spread now: Extended against Deribit−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.042% cheaper against Deribit than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit CHIP_USDC-PERPETUAL	0.04608	−0.0704	get 0.0088% / 1h	22m 22s	$10K	$24K	10x
Short	Extended CHIP-USD	0.04606	−0.0120	pay 0.0015% / 1h	22m 22s	$210K	$1.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee ExtendedbpOrdersPrice spread, now −0.042%Rate

Funding earned: $122.63
Price spread: −0.042% → 0.000%: −$4.21
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $106.42
Costs to cover: 0.120%
Break-even: 0.9 days

Slippage unknown: Deribit: no order-book sample; Extended: live order book, 1 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell Extended live order book, 1 min ago	3.59 bp	30.0 bp −$30	218.8 bp −$2,188	doesn't fit	doesn't fit

Deribit: 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
Backpack CHIP_USDC_PERP	−0.0986%	1h	0.04607	−0.020%	$16K	$234K	5x	as long as short
Deribit CHIP_USDC-PERPETUALlong	−0.0704%	1h	0.04608	long leg	$10K	$24K	10x
ApeX Omni CHIPUSDT	−0.0599%	1h	0.04611	+0.067%	$14K	$248K	50x	as long as short
Nado CHIP-PERP	−0.0185%	1h	0.04606	−0.030%	$231K	$18K	5x	as long as short
OKX CHIP-USDT-SWAP	−0.0183%	4h	0.04608	+0.002%	$1.9M	$9.2M	20x	as long as short
Bybit CHIPUSDT	−0.0174%	4h	0.04610	+0.046%	$10.7M	$8.9M	20x	as long as short
Phoenix CHIP	−0.0173%	1h	0.04618	+0.219%	$3K	$143K	5x	as long as short
Extended CHIP-USDshort	−0.0120%	1h	0.04606	−0.042%	$210K	$1.3M	5x
Binance CHIPUSDT	−0.0116%	4h	0.04606	−0.041%	$13.9M	$25.7M	50x	as long as short
MEXC CHIP_USDT	−0.0116%	4h	0.04606	−0.041%	$1.8M	$1.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CHIP-USDT	−0.0097%	4h	0.04609	+0.024%	$542K	$66K	50x	as long as short
Aftermath Perps CHIPUSD	−0.0085%	1h	0.04608	+0.003%	$85	$39K	5x	as long as short
Aster CHIPUSDT	−0.0029%	4h	0.04613	+0.102%	$44K	$226K	5x	as long as short
Lighter CHIP	+0.0096%	1h	0.04608	+0.002%	$85K	$110K	3x	as long as short
Hyperliquid CHIP	+0.0100%	1h	0.04614	+0.137%	$14.8M	$6.5M	3x	as long as short
Pacifica CHIP	+0.0100%	1h	0.04607	−0.015%	$13K	$628	3x	as long as short
Gate CHIP_USDT	+0.0100%	4h	0.04611	+0.067%	$692K	$899K	50x	as long as short
KuCoin CHIPUSDTM	+0.0100%	4h	0.04609	+0.024%	$985K	$1.0M	50x	as long as short
Bitget CHIPUSDT	+0.0100%	4h	0.04608	+0.002%	$2.0M	$3.0M	50x	as long as short
BingX CHIP-USDT	+0.0100%	4h	0.04607	−0.020%	—	$1.9M	—	as long as short
Variational Omni CHIP	+0.0100%	4h	0.04618	+0.227%	$840K	$462K	—	as long as short
SunX CHIP-USDT	+0.0100%	4h	0.04604	−0.085%	$427	$1.0M	10x	as long as short
Coinbase International CHIP-PERP-INTX	+0.0816%	1h	0.04757	+3.225%	$46K	$41K	50x	as long as short