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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0816%/8h= +89.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.251%
Price spread now: Coinbase International against Extended+1.162%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Coinbase International is 1.162% dearer against Extended than usual: you sell high and buy low: +$116 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CHIP-USD0.047840.0104pay 0.0013% / 1h40m 40s$217K$1.9M5x
ShortCoinbase International CHIP-PERP-INTX0.048390.0920get 0.0115% / 1h40m 40s$46K$37K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$171.36
Price spread: +1.162% → 0.000%
$116.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$272.57
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; Coinbase International: no order-book sample. Net counts fees only.

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, 3 min ago3.13 bp36.5 bp −$37269.1 bp −$2,691doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
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 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
Phoenix CHIP−0.0335%1h0.04786+0.048%$3K$125K5xas long as short
ApeX Omni CHIPUSDT−0.0320%1h0.04791+0.152%$18K$247K50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0292%1h0.04793+0.186%$10K$23K10xas long as short
Bybit CHIPUSDT−0.0168%4h0.04787+0.069%$10.9M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0117%4h0.04780−0.078%$2.1M$9.7M20xas long as short
KuCoin CHIPUSDTM−0.0020%4h0.04788+0.090%$1.0M$1.1M50xas long as short
Nado CHIP-PERP+0.0064%1h0.04789+0.111%$242K$18K5xas long as short
BloFin CHIP-USDT+0.0071%4h0.04792+0.173%$575K$101K50xas long as short
Lighter CHIP+0.0096%1h0.04788+0.090%$99K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04796+0.257%$14.8M$5.9M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04786+0.047%$50K$274K5xas long as short
Pacifica CHIP+0.0100%1h0.04790+0.132%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04782−0.045%$14.4M$27.0M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04794+0.215%$685K$973K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04784+0.006%$1.9M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04791+0.152%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04782−0.036%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04793+0.194%$26K$226K5xas long as short
Variational Omni CHIP+0.0100%4h0.04790+0.133%$918K$465Kas long as short
SunX CHIP-USDT+0.0100%4h0.04787+0.069%$630$1.0M10xas long as short
Extended CHIP-USDlong+0.0104%1h0.04784long leg$217K$1.9M5x
Aftermath Perps CHIPUSD+0.0158%1h0.04792+0.173%$172$35K5xas long as short
Coinbase International CHIP-PERP-INTXshort+0.0920%1h0.04839+1.162%$46K$37K50x