Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: Lighter against MEXC−0.043%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now −0.043%, 7d avg +0.032%
=Together, before fees−0.198%+ Points / potential airdropLighter: Season 3 · farm board−$20 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: Lighter is 0.075% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CHIP_USDT | 0.04628 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $1.7M | $952K | 50x |
| Short | Lighter CHIP | 0.04626 | 0.0096 | get 0.0012% / 1h | 54m 28s | $96K | $89K | 3x |
MEXC CHIP_USDT
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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% → +0.032%
- −$7.51
- Slippage, 4 orders
- −$105.81
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$114.15
- Costs to cover
- 1.058%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 50 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 MEXC live order book, 5 min ago | 3.21 bp | 13.4 bp −$13 | 78.1 bp −$781 | 236.6 bp −$23.7K | 746.8 bp −$373.4K |
| Sell Lighter live order book, 50 min ago | 31.83 bp | 33.2 bp −$33 | 124.6 bp −$1,246 | doesn't fit | doesn't fit |
CHIP on 23 exchanges
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 | −0.1210% | 1h | 0.04621 | −0.151% | $26K | $177K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0849% | 1h | 0.04635 | +0.151% | $9K | $2K | 10x | as long as short |
| ApeX Omni CHIPUSDT | −0.0332% | 1h | 0.04672 | +0.951% | $16K | $246K | 50x | as long as short |
| Phoenix CHIP | −0.0169% | 1h | 0.04668 | +0.864% | $3K | $130K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0123% | 1h | 0.04668 | +0.866% | $90 | $34K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0115% | 4h | 0.04621 | −0.151% | $2.1M | $8.9M | 20x | as long as short |
| Nado CHIP-PERP | −0.0093% | 1h | 0.04623 | −0.119% | $234K | $17K | 5x | as long as short |
| Bybit CHIPUSDT | −0.0004% | 4h | 0.04622 | −0.130% | $10.4M | $8.6M | 20x | as long as short |
| BloFin CHIP-USDT | +0.0040% | 4h | 0.04648 | +0.432% | $564K | $114K | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04626 | −0.043% | $96K | $89K | 3x |
Backpack CHIP_USDC_PERP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Nado CHIP-PERP
Bybit CHIPUSDT
BloFin CHIP-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04627 | −0.011% | $13.8M | $5.3M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04624 | −0.086% | $47K | $270K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04627 | −0.011% | $15K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04620 | −0.173% | $13.7M | $26.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04624 | −0.086% | $707K | $784K | 50x | as long as short |
| MEXC CHIP_USDTlong | +0.0100% | 4h | 0.04628 | long leg | $1.7M | $952K | 50x | |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04625 | −0.065% | $950K | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04626 | −0.043% | $1.9M | $3.5M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04627 | −0.022% | — | $1.8M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04658 | +0.644% | $862K | $502K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04650 | +0.475% | $743 | $939K | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04624 | −0.076% | $209K | $1.7M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.1616% | 1h | 0.04641 | +0.281% | $50K | $59K | 50x | as long as short |
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Coinbase International CHIP-PERP-INTX