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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against MEXC+0.172%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$990.993% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.074%−$7 · spread now +0.172%, 7d avg +0.107%
Together, before fees−0.076%−$8 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 0.065% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.046600.0100pay 0.0050% / 4h3h 02m$1.7M$1.2M50x
ShortGate CHIP_USDT0.046680.0100get 0.0050% / 4h3h 02m$669K$989K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.172% → +0.107%
$6.5
Slippage, 4 orders
−$84.27
Fee MEXC: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$92.77
Costs to cover
0.993%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 49 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 bp14.1 bp −$1467.2 bp −$672256.1 bp −$25.6K844.8 bp −$422.4K
Sell Gate live order book, 49 min ago11.68 bp39.5 bp −$40228.8 bp −$2,288doesn'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
Bybit CHIPUSDT−0.0522%4h0.04663+0.064%$10.6M$9.0M20xas long as short
Phoenix CHIP−0.0338%1h0.04674+0.300%$3K$137K5xas long as short
OKX CHIP-USDT-SWAP−0.0246%4h0.04658−0.043%$2.0M$9.5M20xas long as short
ApeX Omni CHIPUSDT−0.0190%1h0.04673+0.279%$16K$245K50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0050%1h0.04670+0.219%$9K$24K10xas long as short
Nado CHIP-PERP−0.0031%1h0.04662+0.043%$236K$18K5xas long as short
BloFin CHIP-USDT+0.0049%4h0.04664+0.086%$561K$63K50xas long as short
KuCoin CHIPUSDTM+0.0074%4h0.04666+0.129%$980K$1.1M50xas long as short
Lighter CHIP+0.0096%1h0.04664+0.086%$96K$115K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04673+0.268%$14.5M$6.1M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04668+0.181%$55K$279K5xas long as short
Pacifica CHIP+0.0100%1h0.04668+0.176%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04659−0.022%$14.1M$27.0M50xas long as short
Gate CHIP_USDTshort+0.0100%4h0.04668+0.172%$669K$989K50x
MEXC CHIP_USDTlong+0.0100%4h0.04660long leg$1.7M$1.2M50x
Bitget CHIPUSDT+0.0100%4h0.04665+0.107%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04658−0.043%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04671+0.236%$35K$230K5xas long as short
Variational Omni CHIP+0.0100%4h0.04676+0.347%$823K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04661+0.021%$773$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04657−0.058%$216K$1.0M5xas long as short
Aftermath Perps CHIPUSD+0.0209%1h0.04680+0.429%$68$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04680+0.427%$45K$37K50xas long as short