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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: BingX against Hyperliquid−0.210%7-day average −0.165% · 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 7 days−0.120%−$12 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.210%, 7d avg −0.165%
Together, before fees−0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 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: BingX is 0.045% cheaper against Hyperliquid than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.165%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CHIP0.047240.0100pay 0.0013% / 1h29m 23s$14.7M$6.3M3x
ShortBingX CHIP-USDT0.047140.0100get 0.0050% / 4h29m 23s$2.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −0.210% → −0.165%
−$4.48
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$23.48
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago1.38 bp11.8 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago6.38 bp26.4 bp −$2684.4 bp −$844662.1 bp −$66.2Kdoesn'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−0.0698%1h0.04721−0.061%$33K$247K5xas long as short
ApeX Omni CHIPUSDT−0.0562%1h0.04711−0.273%$16K$245K50xas long as short
Phoenix CHIP−0.0510%1h0.04695−0.612%$3K$129K5xas long as short
Bybit CHIPUSDT−0.0492%4h0.04720−0.083%$10.8M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0402%4h0.04710−0.294%$2.0M$9.6M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0343%1h0.04720−0.093%$10K$24K10xas long as short
Nado CHIP-PERP−0.0118%1h0.04711−0.262%$238K$20K5xas long as short
Aster CHIPUSDT−0.0084%4h0.04719−0.094%$53K$276K5xas long as short
Extended CHIP-USD+0.0056%1h0.04714−0.214%$214K$1.9M5xas long as short
MEXC CHIP_USDT+0.0058%4h0.04713−0.231%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0061%4h0.04714−0.219%$14.2M$26.9M50xas long as short
BloFin CHIP-USDT+0.0062%4h0.04705−0.400%$564K$64K50xas long as short
Lighter CHIP+0.0096%1h0.04715−0.188%$87K$108K3xas long as short
Hyperliquid CHIPlong+0.0100%1h0.04724long leg$14.7M$6.3M3x
Pacifica CHIP+0.0100%1h0.04720−0.083%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04717−0.146%$693K$963K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04717−0.146%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04713−0.231%$2.0M$3.3M50xas long as short
BingX CHIP-USDTshort+0.0100%4h0.04714−0.210%$2.0M
Variational Omni CHIP+0.0100%4h0.04711−0.280%$838K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04709−0.315%$571$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0219%1h0.04701−0.490%$132$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.771%$47K$42K50xas long as short