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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.022%
Price spread now: Hyperliquid against MEXC+0.203%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.530% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.136%+$14 on $10k
Price spread, last 7 days−0.047%−$5 · spread now +0.203%, 7d avg +0.200%
Together, before fees+0.089%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CHIP_USDT0.046780.0100pay 0.0050% / 4h3h 09m$1.7M$1.2M50x
ShortHyperliquid CHIP0.046880.0100get 0.0013% / 1h9m 40s$14.5M$6.1M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.203% → +0.200%
$0.29
Slippage, 4 orders
−$44.04
Fee MEXC: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$52.74
Costs to cover
0.530%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: 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 MEXC live order book, 2 min ago1.07 bp13.7 bp −$1464.3 bp −$643227.0 bp −$22.7K832.5 bp −$416.2K
Sell Hyperliquid live order book, 3 min ago1.38 bp19.5 bp −$19doesn't fitdoesn'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
Phoenix CHIP−0.0338%1h0.04690+0.257%$3K$137K5xas long as short
Bybit CHIPUSDT−0.0327%4h0.04671−0.150%$10.6M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0233%4h0.04666−0.257%$2.0M$9.6M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0198%1h0.04683+0.098%$9K$24K10xas long as short
ApeX Omni CHIPUSDT−0.0171%1h0.04688+0.214%$16K$245K50xas long as short
Nado CHIP-PERP−0.0026%1h0.04678+0.011%$237K$18K5xas long as short
KuCoin CHIPUSDTM+0.0094%4h0.04680+0.043%$968K$1.1M50xas long as short
Lighter CHIP+0.0096%1h0.04680+0.043%$96K$115K3xas long as short
Hyperliquid CHIPshort+0.0100%1h0.04688+0.203%$14.5M$6.1M3x
Aster CHIPUSDT+0.0100%4h0.04682+0.095%$56K$279K5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CHIP+0.0100%1h0.04682+0.083%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04674−0.087%$14.1M$27.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04682+0.086%$671K$988K50xas long as short
MEXC CHIP_USDTlong+0.0100%4h0.04678long leg$1.7M$1.2M50x
Bitget CHIPUSDT+0.0100%4h0.046780.000%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04676−0.043%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04682+0.086%$34K$230K5xas long as short
Variational Omni CHIP+0.0100%4h0.04686+0.163%$829K$476Kas long as short
SunX CHIP-USDT+0.0100%4h0.046780.000%$640$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04676−0.038%$216K$1.0M5xas long as short
BloFin CHIP-USDT+0.0109%4h0.04690+0.257%$565K$65K50xas long as short
Aftermath Perps CHIPUSD+0.0220%1h0.04691+0.286%$68$37K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+1.860%$46K$37K50xas long as short