Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Gate against Hyperliquid−0.041%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days−0.105%−$10 · spread now −0.041%, 7d avg −0.093%
=Together, before fees−0.242%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 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: Gate is 0.052% dearer against Hyperliquid than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04636 | 0.0100 | pay 0.0013% / 1h | 58m 08s | $15.0M | $6.5M | 3x |
| Short | Gate CHIP_USDT | 0.04634 | 0.0100 | get 0.0050% / 4h | 2h 58m | $705K | $890K | 50x |
Hyperliquid CHIP
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.041% → −0.093%
- $5.2
- Slippage, 4 orders
- −$88.37
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$107.17
- Costs to cover
- 1.124%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Gate: live order book, 28 min ago.
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 Hyperliquid live order book, 5 min ago | 1.08 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 12.86 bp | 43.1 bp −$43 | 251.6 bp −$2,516 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1616% | 1h | 0.04628 | −0.170% | $16K | $236K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0566% | 1h | 0.04619 | −0.365% | $14K | $249K | 50x | as long as short |
| Phoenix CHIP | −0.0338% | 1h | 0.04628 | −0.170% | $3K | $142K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0322% | 4h | 0.04630 | −0.127% | $10.8M | $8.9M | 20x | as long as short |
| Nado CHIP-PERP | −0.0194% | 1h | 0.04628 | −0.160% | $232K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | −0.0112% | 4h | 0.04623 | −0.278% | $550K | $70K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0110% | 4h | 0.04623 | −0.278% | $1.9M | $9.2M | 20x | as long as short |
| Extended CHIP-USD | −0.0064% | 1h | 0.04625 | −0.236% | $211K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0061% | 4h | 0.04624 | −0.262% | $14.0M | $25.6M | 50x | as long as short |
| MEXC CHIP_USDT | −0.0058% | 4h | 0.04626 | −0.214% | $1.8M | $1.2M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Phoenix CHIP
Bybit CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
OKX CHIP-USDT-SWAP
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | −0.0048% | 4h | 0.04628 | −0.170% | $41K | $222K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04634 | −0.035% | $10K | $24K | 10x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04631 | −0.106% | $86K | $110K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04636 | long leg | $15.0M | $6.5M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04630 | −0.127% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04634 | −0.041% | $705K | $890K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04630 | −0.127% | $1.0M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04633 | −0.063% | $1.9M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04626 | −0.214% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04633 | −0.072% | $843K | $463K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04628 | −0.170% | $713 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0120% | 1h | 0.04634 | −0.043% | $53 | $39K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +2.601% | $46K | $41K | 50x | as long as short |
Aster CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Lighter CHIP
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX