Spread before costs (cost unknown: a leg has no order-book sample)−0.234%
7d average—if it closes, per $10,000$23funding while held, a day−$2.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CHIP_USDC-PERPETUAL | 0.04681 | 0.0177 | pay 0.0022% / 1h | 29m 40s | $10K | $25K | 10x |
| Short | Variational Omni CHIP | 0.04670 | 0.0100 | get 0.0050% / 4h | 3h 29m | $912K | $445K | — |
Deribit CHIP_USDC-PERPETUAL
Variational Omni CHIPPrice 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
- −$23.38
- Funding while held
- −$2.32
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$32.7
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 16 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0077%
- Per $10,000 a day
- −$2.32
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 16 min ago | 6.43 bp | doesn't fit | 160.8 bp −$1,608 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Phoenix0.04652cheapestApeX Omni0.04658+0.129%MEXC0.04663+0.236%Binance0.04664+0.255%OKX0.04665+0.279%BingX0.04665+0.279%Pacifica0.04667+0.316%Extended0.04667+0.332%KuCoin0.04668+0.344%SunX0.04668+0.344%Aftermath Perps0.04668+0.348%Lighter0.04669+0.365%Bitget0.04669+0.365%Aster0.04670+0.379%Bybit0.04670+0.387%Gate0.04670+0.387%
Phoenix
ApeX Omni
MEXC
Binance
OKX
BingX
Pacifica
Extended
KuCoin
SunX
Lighter
Bitget
Aster
Bybit
GateVariational Omni0.04670+0.392%
Nado0.04671+0.408%Hyperliquid0.04672+0.439%Backpack0.04674+0.473%BloFin0.04677+0.537%
Nado
Hyperliquid
Backpack
BloFinDeribit0.04681+0.628%
Coinbase International0.04698+0.989%
Coinbase InternationalCHIP on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.624% | −0.0171% | 1h | $3K | $178K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.496% | −0.0865% | 1h | $13K | $248K | 50x | as long as short |
| MEXC CHIP_USDT | −0.389% | +0.0080% | 4h | $2.1M | $1.4M | 50x | as long as short |
| Binance CHIPUSDT | −0.371% | +0.0081% | 4h | $14.3M | $26.8M | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.346% | +0.0084% | 4h | $1.9M | $9.9M | 20x | as long as short |
| BingX CHIP-USDT | −0.346% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Pacifica CHIP | −0.310% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| Extended CHIP-USD | −0.294% | +0.0080% | 1h | $213K | $1.3M | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.282% | +0.0100% | 4h | $994K | $1.3M | 50x | as long as short |
| SunX CHIP-USDT | −0.282% | +0.0100% | 4h | $450 | $1.1M | 10x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps CHIPUSD | −0.278% | −0.0005% | 1h | $73 | $42K | 5x | as long as short |
| Lighter CHIP | −0.261% | +0.0096% | 1h | $87K | $111K | 3x | as long as short |
| Bitget CHIPUSDT | −0.261% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| Aster CHIPUSDT | −0.247% | +0.0100% | 4h | $45K | $216K | 5x | as long as short |
| Bybit CHIPUSDT | −0.239% | −0.0044% | 4h | $11.1M | $10.5M | 20x | as long as short |
| Gate CHIP_USDT | −0.239% | +0.0100% | 4h | $693K | $877K | 50x | as long as short |
| Variational Omni CHIPshort | −0.234% | +0.0100% | 4h | $912K | $445K | — | |
| Nado CHIP-PERP | −0.218% | −0.0011% | 1h | $234K | $17K | 5x | as long as short |
| Hyperliquid CHIP | −0.188% | +0.0100% | 1h | $15.0M | $7.1M | 3x | as long as short |
| Backpack CHIP_USDC_PERP | −0.154% | −0.0277% | 1h | $17K | $237K | 5x | as long as short |
| BloFin CHIP-USDT | −0.090% | +0.0094% | 4h | $570K | $161K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUALlong | 0.000% | +0.0177% | 1h | $10K | $25K | 10x | |
| Coinbase International CHIP-PERP-INTX | +0.359% | +0.1064% | 1h | $51K | $35K | 50x | as long as short |