Spread before costs (cost unknown: a leg has no order-book sample)+0.198%
7d average—if it closes, per $10,000$20funding while held, a day+$14.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04649 | 0.0048 | pay 0.0024% / 4h | 3h 18m | $2.0M | $1.4M | 50x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04658 | 0.0545 | get 0.0068% / 1h | 18m 02s | $10K | $25K | 10x |
MEXC CHIP_USDT
Deribit CHIP_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $19.79
- Funding while held
- $14.91
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $27.7
- Spread needed to break even
- 0.070%
Slippage unknown: MEXC: live order book, 10 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0497%
- Per $10,000 a day
- +$14.91
- Average in range /8h
- —
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 MEXC live order book, 10 min ago | 3.21 bp | 12.6 bp −$13 | 43.1 bp −$431 | 243.7 bp −$24.4K | 802.6 bp −$401.3K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.04635cheapestAster0.04646+0.245%SunX0.04647+0.259%Gate0.04648+0.280%Pacifica0.04649+0.298%
BloFin
Aster
SunX
Gate
PacificaMEXC0.04649+0.302%
KuCoin0.04649+0.302%Nado0.04650+0.313%BingX0.04650+0.324%Binance0.04651+0.336%Bitget0.04651+0.345%Backpack0.04651+0.345%Extended0.04651+0.351%Lighter0.04653+0.388%OKX0.04653+0.388%ApeX Omni0.04655+0.431%Aftermath Perps0.04655+0.437%Hyperliquid0.04657+0.479%Bybit0.04658+0.496%Variational Omni0.04658+0.500%
KuCoin
Nado
BingX
Binance
Bitget
Backpack
Extended
Lighter
OKX
ApeX Omni
Hyperliquid
Bybit
Variational OmniDeribit0.04658+0.501%
Phoenix0.04663+0.604%Coinbase International0.04698+1.359%
Phoenix
Coinbase InternationalCHIP on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | −0.301% | +0.0080% | 4h | $564K | $159K | 50x | as long as short |
| Aster CHIPUSDT | −0.057% | +0.0100% | 4h | $45K | $216K | 5x | as long as short |
| SunX CHIP-USDT | −0.043% | +0.0100% | 4h | $788 | $1.1M | 10x | as long as short |
| Gate CHIP_USDT | −0.022% | −0.0020% | 4h | $689K | $877K | 50x | as long as short |
| Pacifica CHIP | −0.004% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| MEXC CHIP_USDTlong | 0.000% | +0.0048% | 4h | $2.0M | $1.4M | 50x | |
| KuCoin CHIPUSDTM | 0.000% | +0.0100% | 4h | $990K | $1.3M | 50x | as long as short |
| Nado CHIP-PERP | +0.011% | −0.0061% | 1h | $233K | $17K | 5x | as long as short |
| BingX CHIP-USDT | +0.022% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Binance CHIPUSDT | +0.034% | +0.0041% | 4h | $14.2M | $26.7M | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CHIPUSDT | +0.043% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| Backpack CHIP_USDC_PERP | +0.043% | −0.0399% | 1h | $17K | $237K | 5x | as long as short |
| Extended CHIP-USD | +0.049% | +0.0040% | 1h | $211K | $1.3M | 5x | as long as short |
| Lighter CHIP | +0.086% | +0.0096% | 1h | $87K | $112K | 3x | as long as short |
| OKX CHIP-USDT-SWAP | +0.086% | +0.0030% | 4h | $1.9M | $9.8M | 20x | as long as short |
| ApeX Omni CHIPUSDT | +0.129% | −0.0747% | 1h | $13K | $248K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.134% | −0.0023% | 1h | $73 | $41K | 5x | as long as short |
| Hyperliquid CHIP | +0.176% | +0.0100% | 1h | $15.0M | $7.1M | 3x | as long as short |
| Bybit CHIPUSDT | +0.194% | −0.0393% | 4h | $11.0M | $10.5M | 20x | as long as short |
| Variational Omni CHIP | +0.197% | +0.0100% | 4h | $912K | $445K | — | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | +0.198% | +0.0545% | 1h | $10K | $25K | 10x | |
| Phoenix CHIP | +0.301% | −0.0171% | 1h | $3K | $178K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +1.054% | +0.1064% | 1h | $51K | $35K | 50x | as long as short |