Settings8H · net · $10k
Funding arb · Price arb /

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h +0.001%
Price spread now: BloFin against Extended+0.125%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.520%+$52 · spread now +0.125%, 7d avg +0.069%
Together, before fees+0.539%+ Points / potential airdropExtended: Active · farm board+$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.056% dearer against Extended than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.069%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.046950.0104pay 0.0013% / 1h29m 07s$214K$1.9M5x
ShortBloFin CHIP-USDT0.047010.0057get 0.0029% / 4h3h 29m$563K$65K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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

Funding earned
−$9.8
Price spread: +0.125% → +0.069%
$5.6
Slippage, 4 orders
−$93.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$114.83
Costs to cover
1.106%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; BloFin: live order book, 67 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago3.31 bp35.0 bp −$35276.6 bp −$2,766doesn't fitdoesn't fit
Sell BloFin live order book, 67 min ago1.07 bp27.2 bp −$2773.4 bp −$734doesn't fitdoesn't fit

CHIP on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT−0.0717%4h0.04699+0.083%$10.7M$9.1M20xas long as short
Phoenix CHIP−0.0338%1h0.04691−0.088%$3K$137K5xas long as short
OKX CHIP-USDT-SWAP−0.0314%4h0.04697+0.040%$2.0M$9.7M20xas long as short
Backpack CHIP_USDC_PERP−0.0291%1h0.04702+0.146%$34K$229K5xas long as short
ApeX Omni CHIPUSDT−0.0105%1h0.04706+0.232%$16K$245K50xas long as short
Nado CHIP-PERP−0.0031%1h0.04698+0.061%$238K$18K5xas long as short
Gate CHIP_USDT−0.0018%4h0.04701+0.125%$675K$986K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0026%1h0.04703+0.176%$9K$24K10xas long as short
BloFin CHIP-USDTshort+0.0057%4h0.04701+0.125%$563K$65K50x
Aster CHIPUSDT+0.0062%4h0.04705+0.221%$56K$279K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CHIPUSDTM+0.0074%4h0.04701+0.125%$974K$1.1M50xas long as short
Lighter CHIP+0.0096%1h0.04702+0.146%$96K$114K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04706+0.232%$14.6M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04700+0.104%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04696+0.027%$14.2M$27.0M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04697+0.040%$1.7M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04699+0.083%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04696+0.019%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04704+0.182%$832K$529Kas long as short
SunX CHIP-USDT+0.0100%4h0.04699+0.083%$908$1.0M10xas long as short
Extended CHIP-USDlong+0.0104%1h0.04695long leg$214K$1.9M5x
Aftermath Perps CHIPUSD+0.0161%1h0.04696+0.023%$68$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+1.488%$46K$37K50xas long as short