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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against Gate−0.079%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1141.144% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.002%$0 · spread now −0.079%, 7d avg −0.109%
Together, before fees+0.003%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CHIP_USDT0.046820.0100pay 0.0050% / 4h3h 10m$671K$988K50x
ShortBinance CHIPUSDT0.046780.0100get 0.0050% / 4h3h 10m$14.1M$27.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$0
Price spread: −0.079% → −0.109%
$3.05
Slippage, 4 orders
−$89.39
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$111.34
Costs to cover
1.144%
Break-even
never at this rate
Slippage from Gate: live order book, 41 min ago; Binance: live order book, 1 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 Gate live order book, 41 min ago11.68 bp35.5 bp −$35262.3 bp −$2,623doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago1.07 bp22.7 bp −$23104.4 bp −$1,044doesn'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
Phoenix CHIP−0.0338%1h0.04690+0.171%$3K$137K5xas long as short
Bybit CHIPUSDT−0.0327%4h0.04681−0.021%$10.6M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0230%4h0.04678−0.085%$2.0M$9.6M20xas long as short
ApeX Omni CHIPUSDT−0.0171%1h0.04688+0.128%$16K$245K50xas long as short
Nado CHIP-PERP−0.0026%1h0.04678−0.075%$237K$18K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04689+0.152%$9K$24K10xas long as short
KuCoin CHIPUSDTM+0.0094%4h0.04680−0.043%$969K$1.1M50xas long as short
Lighter CHIP+0.0096%1h0.04683+0.021%$96K$115K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04691+0.196%$14.5M$6.2M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04685+0.057%$56K$279K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04682−0.002%$16K$3K3xas long as short
Binance CHIPUSDTshort+0.0100%4h0.04678−0.079%$14.1M$27.0M50x
Gate CHIP_USDTlong+0.0100%4h0.04682long leg$671K$988K50x
MEXC CHIP_USDT+0.0100%4h0.04678−0.085%$1.7M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04681−0.021%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04679−0.064%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04690+0.171%$34K$230K5xas long as short
Variational Omni CHIP+0.0100%4h0.04686+0.078%$829K$476Kas long as short
SunX CHIP-USDT+0.0100%4h0.04684+0.043%$673$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04677−0.103%$216K$1.0M5xas long as short
BloFin CHIP-USDT+0.0109%4h0.04690+0.171%$565K$65K50xas long as short
Aftermath Perps CHIPUSD+0.0220%1h0.04691+0.200%$68$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+1.773%$46K$37K50xas long as short