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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.042%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$900.899% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.625%+$63 · spread now +0.042%, 7d avg +0.032%
Together, before fees+0.689%+ Points / potential airdropLighter: Season 3 · farm board+$69 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CHIP0.047930.0096pay 0.0012% / 1h14m 56s$100K$106K3x
ShortBitget CHIPUSDT0.047950.0100get 0.0050% / 4h3h 14m$2.0M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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
$0.84
Price spread: +0.042% → +0.032%
$1.02
Slippage, 4 orders
−$77.94
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$88.09
Costs to cover
0.899%
Break-even
741.1 days
Slippage from Lighter: live order book, 55 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 55 min ago13.53 bp19.7 bp −$20101.8 bp −$1,018doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.22 bp22.9 bp −$2387.4 bp −$874doesn'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
Deribit CHIP_USDC-PERPETUAL−0.0271%1h0.04796+0.069%$10K$23K10xas long as short
Phoenix CHIP−0.0167%1h0.04797+0.083%$3K$122K5xas long as short
Aftermath Perps CHIPUSD−0.0152%1h0.04789−0.088%$93$35K5xas long as short
ApeX Omni CHIPUSDT−0.0149%1h0.04794+0.021%$16K$247K50xas long as short
OKX CHIP-USDT-SWAP+0.0011%4h0.04792−0.021%$2.2M$9.6M20xas long as short
Nado CHIP-PERP+0.0029%1h0.047930.000%$242K$18K5xas long as short
KuCoin CHIPUSDTM+0.0070%4h0.04798+0.104%$1.0M$1.2M50xas long as short
BloFin CHIP-USDT+0.0075%4h0.04788−0.104%$573K$118K50xas long as short
Lighter CHIPlong+0.0096%1h0.04793long leg$100K$106K3x
Hyperliquid CHIP+0.0100%1h0.04800+0.138%$14.8M$5.9M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04794+0.023%$49K$275K5xas long as short
Pacifica CHIP+0.0100%1h0.04800+0.146%$16K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04790−0.058%$14.4M$26.8M50xas long as short
Bybit CHIPUSDT+0.0100%4h0.04797+0.083%$10.9M$8.9M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04801+0.167%$721K$1.0M50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04790−0.063%$1.9M$1.1M50xas long as short
Bitget CHIPUSDTshort+0.0100%4h0.04795+0.042%$2.0M$3.5M50x
BingX CHIP-USDT+0.0100%4h0.047930.000%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04797+0.083%$26K$210K5xas long as short
Variational Omni CHIP+0.0100%4h0.04810+0.361%$927K$472Kas long as short
SunX CHIP-USDT+0.0100%4h0.047930.000%$741$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04790−0.057%$222K$1.7M5xas long as short
Coinbase International CHIP-PERP-INTX+0.0896%1h0.04824+0.645%$46K$37K50xas long as short