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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0007%/8hnext payment $0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.021%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.061%−$6 · spread now +0.021%, 7d avg −0.003%
Together, before fees−0.061%−$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: Binance is 0.024% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.047210.0096pay 0.0048% / 4h7m 02s$1.9M$1.2M50x
ShortBinance CHIPUSDT0.047220.0089get 0.0044% / 4h7m 02s$14.3M$25.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
−$1.54
Price spread: +0.021% → −0.003%
$2.44
Slippage, 4 orders
−$47.86
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$56.97
Costs to cover
0.579%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 9 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 MEXC live order book, 4 min ago1.07 bp10.8 bp −$1134.2 bp −$342238.8 bp −$23.9K831.3 bp −$415.7K
Sell Binance live order book, 9 min ago1.07 bp17.5 bp −$1872.8 bp −$728doesn'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
ApeX Omni CHIPUSDT−0.0204%1h0.04707−0.297%$14K$249K50xas long as short
Nado CHIP-PERP−0.0198%1h0.04720−0.021%$236K$18K5xas long as short
Backpack CHIP_USDC_PERP−0.0177%1h0.04724+0.064%$18K$233K5xas long as short
Phoenix CHIP−0.0174%1h0.04696−0.530%$3K$143K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04733+0.254%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0035%4h0.04710−0.233%$563K$78K50xas long as short
Bybit CHIPUSDT+0.0076%4h0.04725+0.085%$11.2M$8.6M20xas long as short
Extended CHIP-USD+0.0088%1h0.04721−0.008%$214K$1.3M5xas long as short
Binance CHIPUSDTshort+0.0089%4h0.04722+0.021%$14.3M$25.0M50x
Lighter CHIP+0.0096%1h0.04728+0.148%$88K$109K3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDTlong+0.0096%4h0.04721long leg$1.9M$1.2M50x
Aster CHIPUSDT+0.0100%4h0.04727+0.121%$40K$207K5xas long as short
Pacifica CHIP+0.0100%1h0.04711−0.205%$14K$6283xas long as short
OKX CHIP-USDT-SWAP+0.0100%4h0.04719−0.042%$1.9M$9.2M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04723+0.042%$710K$876K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04724+0.064%$1.0M$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04727+0.127%$2.1M$2.9M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04723+0.042%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04697−0.498%$907K$370Kas long as short
SunX CHIP-USDT+0.0100%4h0.04724+0.064%$870$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0162%1h0.04703−0.378%$66$39K5xas long as short
Hyperliquid CHIP+0.0263%1h0.04735+0.303%$15.5M$6.4M3xas long as short
Coinbase International CHIP-PERP-INTX+0.0696%1h0.04736+0.316%$46K$40K50xas long as short