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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Variational Omni against Hyperliquid+0.399%7-day average −0.154% · you sell dearer than you buy
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 3 days (all we have)−0.084%−$8 on $10k
Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.399%, 7d avg −0.154%
Together, before fees−0.117%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$12 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: Variational Omni is 0.553% dearer against Hyperliquid than usual: you sell high and buy low, +$55 on $10k if it goes back to its 7-day average of −0.154%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CHIP0.046040.0100pay 0.0013% / 1h55m 13s$14.8M$6.6M3x
ShortVariational Omni CHIP0.046220.0100get 0.0050% / 4h2h 55m$842K$463K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.399% → −0.154%
$55.27
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$46.27
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 8 min ago; Variational Omni: RFQ quote, 33 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, 8 min ago1.08 bp16.5 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 33 min ago5.33 bpdoesn't fit139.6 bp −$1,396doesn'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−0.2086%1h0.04592−0.252%$16K$234K5xas long as short
ApeX Omni CHIPUSDT−0.1119%1h0.04620+0.356%$14K$249K50xas long as short
Bybit CHIPUSDT−0.0450%4h0.04597−0.143%$10.7M$8.9M20xas long as short
Phoenix CHIP−0.0338%1h0.04621+0.378%$3K$143K5xas long as short
Nado CHIP-PERP−0.0243%1h0.04600−0.078%$230K$18K5xas long as short
OKX CHIP-USDT-SWAP−0.0146%4h0.04596−0.165%$1.9M$9.1M20xas long as short
Extended CHIP-USD−0.0072%1h0.04592−0.252%$210K$1.3M5xas long as short
Binance CHIPUSDT−0.0069%4h0.04595−0.187%$13.9M$25.6M50xas long as short
Aster CHIPUSDT−0.0066%4h0.04595−0.187%$41K$226K5xas long as short
MEXC CHIP_USDT−0.0062%4h0.04594−0.209%$1.8M$1.2M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CHIP-USDT−0.0022%4h0.04592−0.252%$496K$69K50xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04598−0.122%$10K$24K10xas long as short
Lighter CHIP+0.0096%1h0.04599−0.100%$85K$110K3xas long as short
Aftermath Perps CHIPUSD+0.0099%1h0.04627+0.512%$85$39K5xas long as short
Hyperliquid CHIPlong+0.0100%1h0.04604long leg$14.8M$6.6M3x
Pacifica CHIP+0.0100%1h0.04610+0.139%$13K$6283xas long as short
Gate CHIP_USDT+0.0100%4h0.04605+0.030%$700K$890K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04600−0.078%$985K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04595−0.187%$1.9M$3.0M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04592−0.252%$1.9Mas long as short
Variational Omni CHIPshort+0.0100%4h0.04622+0.399%$842K$463K
SunX CHIP-USDT+0.0100%4h0.04589−0.317%$805$1.0M10xas long as short
Coinbase International CHIP-PERP-INTX+0.0816%1h0.04757+3.321%$46K$41K50xas long as short