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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0186%/8h= −20.4% APRpaid last 24h −0.019%
Price spread now: Aster against Hyperliquid−0.111%7-day average −0.147% · you buy dearer than you sell
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)−0.153%−$15 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.111%, 7d avg −0.147%
Together, before fees−0.250%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.037% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.111% now, against its 7-day average of −0.147%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CHIP0.047200.0100pay 0.0013% / 1h30m 53s$14.6M$6.3M3x
ShortAster CHIPUSDT0.04715−0.0086pay 0.0043% / 4h30m 53s$53K$276K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
−$39.09
Price spread: −0.111% → −0.147%
$3.65
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.44
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; Aster: live order book, 26 min ago. 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 Hyperliquid live order book, 12 min ago1.71 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 26 min ago8.49 bp29.4 bp −$29doesn't fitdoesn'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
Backpack CHIP_USDC_PERP−0.0716%1h0.04717−0.061%$33K$247K5xas long as short
ApeX Omni CHIPUSDT−0.0562%1h0.04711−0.189%$16K$245K50xas long as short
Phoenix CHIP−0.0510%1h0.04695−0.528%$3K$129K5xas long as short
Bybit CHIPUSDT−0.0508%4h0.04719−0.019%$10.9M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0411%4h0.04712−0.167%$2.0M$9.6M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0407%1h0.04713−0.138%$10K$24K10xas long as short
Nado CHIP-PERP−0.0113%1h0.04716−0.093%$239K$20K5xas long as short
Aster CHIPUSDTshort−0.0086%4h0.04715−0.111%$53K$276K5x
Extended CHIP-USD+0.0056%1h0.04715−0.109%$214K$1.9M5xas long as short
MEXC CHIP_USDT+0.0056%4h0.04714−0.125%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0058%4h0.04714−0.125%$14.2M$26.9M50xas long as short
BloFin CHIP-USDT+0.0062%4h0.04705−0.316%$564K$64K50xas long as short
Lighter CHIP+0.0096%1h0.04710−0.210%$87K$108K3xas long as short
Hyperliquid CHIPlong+0.0100%1h0.04720long leg$14.6M$6.3M3x
Pacifica CHIP+0.0100%1h0.04721+0.032%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04713−0.146%$693K$963K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04715−0.104%$988K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04714−0.125%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04713−0.146%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04711−0.195%$838K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04716−0.083%$746$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0196%1h0.04692−0.592%$131$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.858%$47K$42K50xas long as short