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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0236%/8h= +25.8% APRnext payment +$0.30 per $10,000 · paid last 24h +0.014%
Price spread now: Aftermath Perps against Nado+0.140%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aftermath Perps is 0.140% dearer against Nado than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04723−0.0089get 0.0011% / 1h53m 53s$239K$20K5x
ShortAftermath Perps CHIPUSD0.047300.0147get 0.0018% / 1h53m 53s$100$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Nado. 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
$49.57
Price spread: +0.140% → 0.000%
$13.99
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$47.57
Costs to cover
0.160%
Break-even
0.3 days
Slippage unknown: Nado: live order book, 64 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 64 min ago5.11 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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 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−0.0553%1h0.04703−0.423%$16K$244K50xas long as short
Phoenix CHIP−0.0510%1h0.04729+0.127%$3K$137K5xas long as short
OKX CHIP-USDT-SWAP−0.0311%4h0.04720−0.064%$2.0M$9.7M20xas long as short
Nado CHIP-PERPlong−0.0089%1h0.04723long leg$239K$20K5x
Backpack CHIP_USDC_PERP−0.0056%1h0.04725+0.042%$33K$252K5xas long as short
Aster CHIPUSDT−0.0001%4h0.04729+0.128%$56K$279K5xas long as short
Deribit CHIP_USDC-PERPETUAL0.0000%1h0.04725+0.044%$10K$24K10xas long as short
Gate CHIP_USDT+0.0030%4h0.047230.000%$684K$978K50xas long as short
MEXC CHIP_USDT+0.0092%4h0.04722−0.021%$1.8M$1.2M50xas long as short
Binance CHIPUSDT+0.0094%4h0.047230.000%$14.3M$27.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CHIP+0.0096%1h0.04721−0.042%$97K$114K3xas long as short
Extended CHIP-USD+0.0096%1h0.04719−0.081%$215K$1.9M5xas long as short
Hyperliquid CHIP+0.0100%1h0.04731+0.178%$14.7M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04730+0.148%$16K$3K3xas long as short
Bybit CHIPUSDT+0.0100%4h0.04726+0.064%$10.9M$9.1M20xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.047230.000%$980K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04722−0.021%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.047230.000%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04708−0.324%$838K$525Kas long as short
SunX CHIP-USDT+0.0100%4h0.04717−0.127%$847$1.0M10xas long as short
BloFin CHIP-USDT+0.0106%4h0.04727+0.085%$565K$65K50xas long as short
Aftermath Perps CHIPUSDshort+0.0147%1h0.04730+0.140%$100$37K5x
Coinbase International CHIP-PERP-INTX+0.0744%1h0.04765+0.889%$46K$41K50xas long as short