Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.021%
Price spread now: Lighter against Hyperliquid−0.274%7-day average −0.167% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.274%, 7d avg −0.167%
=Together, before fees−0.061%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$6 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: Lighter is 0.106% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.167%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04679 | 0.0100 | pay 0.0013% / 1h | 50m 29s | $14.6M | $6.2M | 3x |
| Short | Lighter CHIP | 0.04666 | 0.0096 | get 0.0012% / 1h | 50m 29s | $86K | $107K | 3x |
Hyperliquid CHIP
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: −0.274% → −0.167%
- −$10.61
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.45
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Lighter: live order book, 54 min ago. Net counts fees only.
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, 2 min ago | 2.03 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 54 min ago | 10.52 bp | 26.5 bp −$26 | 130.4 bp −$1,304 | 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 | −0.0837% | 1h | 0.04673 | −0.124% | $33K | $243K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0536% | 4h | 0.04667 | −0.252% | $10.7M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04726 | +1.009% | $3K | $129K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0498% | 1h | 0.04674 | −0.109% | $10K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0346% | 4h | 0.04661 | −0.380% | $2.0M | $9.4M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0199% | 1h | 0.04695 | +0.346% | $16K | $245K | 50x | as long as short |
| Aster CHIPUSDT | −0.0099% | 4h | 0.04665 | −0.303% | $49K | $275K | 5x | as long as short |
| Nado CHIP-PERP | −0.0063% | 1h | 0.04671 | −0.167% | $236K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0060% | 4h | 0.04669 | −0.209% | $560K | $63K | 50x | as long as short |
| Extended CHIP-USD | +0.0072% | 1h | 0.04663 | −0.332% | $213K | $1.9M | 5x | as long as short |
Backpack CHIP_USDC_PERP
Bybit CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
ApeX Omni CHIPUSDT
Aster CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0074% | 4h | 0.04669 | −0.209% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0076% | 4h | 0.04664 | −0.316% | $14.1M | $26.7M | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04666 | −0.274% | $86K | $107K | 3x | |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04679 | long leg | $14.6M | $6.2M | 3x | |
| Pacifica CHIP | +0.0100% | 1h | 0.04670 | −0.188% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04664 | −0.316% | $677K | $950K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04673 | −0.124% | $978K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04669 | −0.209% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04665 | −0.295% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04671 | −0.173% | $832K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04667 | −0.252% | $917 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0352% | 1h | 0.04702 | +0.492% | $133 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.762% | $47K | $42K | 50x | as long as short |
MEXC CHIP_USDT
Binance CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX