Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter−0.043%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.303%+$30 · spread now −0.043%, 7d avg +0.075%
=Together, before fees+0.347%+ Points / potential airdropLighter: Season 3 · farm board+$35 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 0.118% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CHIP | 0.04685 | 0.0096 | pay 0.0012% / 1h | 52m 15s | $87K | $108K | 3x |
| Short | Gate CHIP_USDT | 0.04683 | 0.0100 | get 0.0050% / 4h | 52m 15s | $693K | $909K | 50x |
Lighter CHIP
Gate CHIP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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: −0.043% → +0.075%
- −$11.76
- Slippage, 4 orders
- −$106.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$132.32
- Costs to cover
- 1.214%
- Break-even
- 1109.7 days
Slippage from Lighter: live order book, 7 min ago; Gate: live order book, 25 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 Lighter live order book, 7 min ago | 10.83 bp | 21.1 bp −$21 | 118.7 bp −$1,187 | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 7.59 bp | 42.7 bp −$43 | 254.6 bp −$2,546 | 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 | −0.1281% | 1h | 0.04681 | −0.085% | $15K | $234K | 5x | as long as short |
| Nado CHIP-PERP | −0.0215% | 1h | 0.04684 | −0.011% | $234K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04670 | −0.320% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0128% | 1h | 0.04661 | −0.512% | $110 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0092% | 4h | 0.04677 | −0.171% | $1.9M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04686 | +0.026% | $10K | $25K | 10x | as long as short |
| MEXC CHIP_USDT | +0.0004% | 4h | 0.04679 | −0.128% | $1.8M | $1.1M | 50x | as long as short |
| Binance CHIPUSDT | +0.0006% | 4h | 0.04680 | −0.107% | $14.1M | $26.1M | 50x | as long as short |
| Extended CHIP-USD | +0.0008% | 1h | 0.04679 | −0.126% | $212K | $1.3M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0011% | 4h | 0.04672 | −0.277% | $542K | $69K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Nado CHIP-PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
MEXC CHIP_USDT
Binance CHIPUSDT
Extended CHIP-USD
BloFin CHIP-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | +0.0076% | 4h | 0.04684 | −0.021% | $10.9M | $9.0M | 20x | as long as short |
| Lighter CHIPlong | +0.0096% | 1h | 0.04685 | long leg | $87K | $108K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04687 | +0.051% | $14.7M | $6.7M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04682 | −0.068% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04690 | +0.107% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDTshort | +0.0100% | 4h | 0.04683 | −0.043% | $693K | $909K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04681 | −0.085% | $993K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04680 | −0.107% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04678 | −0.149% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04676 | −0.195% | $860K | $453K | — | as long as short |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04670 | −0.320% | $14K | $247K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04684 | −0.021% | $744 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04704 | +0.412% | $45K | $40K | 50x | as long as short |
Bybit CHIPUSDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX