After costs, if the gap returns to its 7d average, $10k−$193
spread now−0.150%7d average−0.112%fees + slippage, in and out−$190spread needed1.895%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CHIP_USDT | 0.04659 | 0.0054 | pay 0.0027% / 4h | 3h 33m | $691K | $877K | 50x |
| Short | Phoenix CHIP | 0.04652 | −0.0171 | pay 0.0021% / 1h | 33m 09s | $3K | $178K | 5x |
Price 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
- −$15.02
- Funding while held
- −$6.74
- Slippage, 4 orders
- −$167.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$211.3
- Spread needed to break even
- 1.895%
Slippage from Gate: live order book, 10 min ago; Phoenix: live order book, 61 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0225%
- Per $10,000 a day
- −$6.74
- 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 Gate live order book, 10 min ago | 13.87 bp | 69.3 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 61 min ago | 4.28 bp | 26.1 bp −$26 | 71.0 bp −$710 | doesn't fit | doesn't fit |
CHIP price on every exchange
against the cheapest. Click to use as the short leg.CHIP on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix CHIPshort | −0.150% | −0.0171% | 1h | $3K | $178K | 5x | |
| Pacifica CHIP | −0.120% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| SunX CHIP-USDT | −0.107% | +0.0100% | 4h | $724 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | −0.097% | −0.0001% | 1h | $233K | $16K | 5x | as long as short |
| Aster CHIPUSDT | −0.094% | +0.0100% | 4h | $45K | $216K | 5x | as long as short |
| MEXC CHIP_USDT | −0.086% | +0.0082% | 4h | $2.0M | $1.4M | 50x | as long as short |
| Binance CHIPUSDT | −0.064% | +0.0082% | 4h | $14.3M | $26.8M | 50x | as long as short |
| Bitget CHIPUSDT | −0.064% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| BloFin CHIP-USDT | −0.064% | +0.0137% | 4h | $566K | $160K | 50x | as long as short |
| Extended CHIP-USD | −0.058% | +0.0080% | 1h | $212K | $1.3M | 5x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CHIP-USDT-SWAP | −0.043% | +0.0084% | 4h | $1.9M | $9.9M | 20x | as long as short |
| Lighter CHIP | −0.021% | +0.0096% | 1h | $87K | $110K | 3x | as long as short |
| BingX CHIP-USDT | −0.021% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | −0.021% | −0.0354% | 1h | $17K | $237K | 5x | as long as short |
| Gate CHIP_USDTlong | 0.000% | +0.0054% | 4h | $691K | $877K | 50x | |
| KuCoin CHIPUSDTM | 0.000% | +0.0100% | 4h | $991K | $1.3M | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.038% | +0.0007% | 1h | $173 | $41K | 5x | as long as short |
| Bybit CHIPUSDT | +0.043% | −0.0185% | 4h | $11.1M | $10.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.092% | +0.0115% | 1h | $10K | $25K | 10x | as long as short |
| Variational Omni CHIP | +0.115% | +0.0100% | 4h | $913K | $445K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.129% | −0.0907% | 1h | $13K | $248K | 50x | as long as short |
| Hyperliquid CHIP | +0.135% | +0.0100% | 1h | $15.0M | $7.1M | 3x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.837% | +0.1064% | 1h | $51K | $35K | 50x | as long as short |
Gate CHIP_USDT
Phoenix CHIP
Pacifica
SunX
Aster
MEXC
Binance
Bitget
BloFin
Extended
OKX
Lighter
BingX
Backpack
KuCoin
Bybit
Deribit
Variational Omni
ApeX Omni
Hyperliquid
Coinbase International