Funding you earn now, next payment 04:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.40 per $10,000 · paid last 24h −0.063%
Price spread now: Lighter against Deribit−0.017%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04677 | −0.0220 | get 0.0028% / 1h | 41m 07s | $10K | $24K | 10x |
| Short | Lighter CHIP | 0.04676 | 0.0096 | get 0.0012% / 1h | 41m 07s | $87K | $107K | 3x |
Deribit CHIP_USDC-PERPETUAL
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $66.4
- Price spread: −0.017% → 0.000%
- −$1.71
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $57.69
- Costs to cover
- 0.070%
- Break-even
- 0.9 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 63 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 Lighter live order book, 63 min ago | 10.52 bp | 26.5 bp −$26 | 130.4 bp −$1,304 | 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 | −0.0630% | 1h | 0.04681 | +0.090% | $34K | $245K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0593% | 1h | 0.04671 | −0.124% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0532% | 4h | 0.04679 | +0.047% | $10.8M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04664 | −0.274% | $3K | $129K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0392% | 4h | 0.04674 | −0.060% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | −0.0220% | 1h | 0.04677 | long leg | $10K | $24K | 10x | |
| Aster CHIPUSDT | −0.0109% | 4h | 0.04670 | −0.155% | $51K | $276K | 5x | as long as short |
| Nado CHIP-PERP | −0.0089% | 1h | 0.04671 | −0.124% | $236K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0062% | 4h | 0.04675 | −0.038% | $561K | $63K | 50x | as long as short |
| Extended CHIP-USD | +0.0064% | 1h | 0.04672 | −0.107% | $213K | $1.9M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CHIPUSDT | +0.0067% | 4h | 0.04673 | −0.081% | $14.1M | $26.8M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0070% | 4h | 0.04675 | −0.038% | $1.8M | $1.2M | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04676 | −0.017% | $87K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04680 | +0.068% | $14.5M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04675 | −0.049% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04673 | −0.081% | $680K | $951K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04675 | −0.038% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04672 | −0.103% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04675 | −0.038% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04672 | −0.110% | $831K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04669 | −0.167% | $762 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0293% | 1h | 0.04676 | −0.007% | $132 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.806% | $47K | $42K | 50x | as long as short |
Binance CHIPUSDT
MEXC CHIP_USDT
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX