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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Pacifica against Hyperliquid−0.239%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.239% cheaper against Hyperliquid than usual: you would sell low and buy high, −$24 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CHIP0.046410.0100pay 0.0013% / 1h58m 29s$15.0M$6.5M3x
ShortPacifica CHIP0.046300.0100get 0.0013% / 1h58m 29s$13K$6283x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.239% → 0.000%
−$23.92
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$40.92
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; Pacifica: no order-book sample. 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, 4 min ago1.08 bp16.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1391%1h0.04629−0.261%$16K$236K5xas long as short
ApeX Omni CHIPUSDT−0.0566%1h0.04619−0.476%$14K$249K50xas long as short
Phoenix CHIP−0.0338%1h0.04628−0.282%$3K$142K5xas long as short
Bybit CHIPUSDT−0.0322%4h0.04632−0.196%$10.8M$8.9M20xas long as short
Nado CHIP-PERP−0.0194%1h0.04628−0.271%$232K$18K5xas long as short
BloFin CHIP-USDT−0.0112%4h0.04623−0.390%$550K$70K50xas long as short
OKX CHIP-USDT-SWAP−0.0107%4h0.04629−0.261%$1.9M$9.2M20xas long as short
Binance CHIPUSDT−0.0061%4h0.04628−0.282%$14.0M$25.6M50xas long as short
MEXC CHIP_USDT−0.0058%4h0.04629−0.261%$1.8M$1.2M50xas long as short
Extended CHIP-USD−0.0056%1h0.04628−0.283%$211K$1.3M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT−0.0048%4h0.04628−0.282%$41K$222K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04637−0.093%$10K$24K10xas long as short
Lighter CHIP+0.0096%1h0.04628−0.282%$86K$110K3xas long as short
Hyperliquid CHIPlong+0.0100%1h0.04641long leg$15.0M$6.5M3x
Pacifica CHIPshort+0.0100%1h0.04630−0.239%$13K$6283x
Gate CHIP_USDT+0.0100%4h0.04633−0.175%$705K$890K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04632−0.196%$1.0M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04633−0.175%$1.9M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04631−0.218%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04633−0.184%$843K$463Kas long as short
SunX CHIP-USDT+0.0100%4h0.04631−0.218%$669$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0120%1h0.04634−0.155%$53$39K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+2.486%$46K$41K50xas long as short