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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0697%/8h= −76.3% APRnext payment $0.87 per $10,000 · paid last 24h −0.117%
Price spread now: ApeX Omni against Nado+0.151%61s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.703% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.367%−$37 on $10k
Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.151%, 7d avg +0.017%
Together, before fees−0.402%+ Points / potential airdropNado: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.135% dearer against Nado than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.017%): +$13 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 15 hours. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04625−0.0079get 0.0010% / 1h27m 43s$234K$18K5x
ShortApeX Omni CHIPUSDT0.04632−0.0776pay 0.0097% / 1h27m 43s$16K$246K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$146.35
Price spread: +0.151% → +0.017%
$13.48
Slippage, 4 orders
−$53.25
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$203.11
Costs to cover
0.703%
Break-even
never at this rate
Slippage from Nado: live order book, 20 min ago; ApeX Omni: live order book, 19 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 Nado live order book, 20 min ago5.05 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 19 min ago8.60 bp17.2 bp −$17132.3 bp −$1,323doesn'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
ApeX Omni CHIPUSDTshort−0.0776%1h0.04632+0.151%$16K$246K50x
Bybit CHIPUSDT−0.0549%4h0.04630+0.108%$10.5M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0302%4h0.04624−0.022%$2.0M$9.4M20xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0268%1h0.04631+0.121%$9K$24K10xas long as short
Phoenix CHIP−0.0171%1h0.04634+0.195%$3K$129K5xas long as short
Nado CHIP-PERPlong−0.0079%1h0.04625long leg$234K$18K5x
KuCoin CHIPUSDTM−0.0042%4h0.04629+0.086%$973K$1.2M50xas long as short
Gate CHIP_USDT−0.0014%4h0.046250.000%$659K$974K50xas long as short
Aftermath Perps CHIPUSD+0.0087%1h0.04647+0.470%$67$37K5xas long as short
Binance CHIPUSDT+0.0094%4h0.04626+0.015%$13.9M$27.1M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDT+0.0094%4h0.04628+0.065%$1.7M$1.2M50xas long as short
Lighter CHIP+0.0096%1h0.04628+0.065%$96K$113K3xas long as short
Extended CHIP-USD+0.0096%1h0.04626+0.026%$211K$1.0M5xas long as short
Hyperliquid CHIP+0.0100%1h0.04634+0.184%$14.4M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04633+0.173%$54K$279K5xas long as short
Pacifica CHIP+0.0100%1h0.04627+0.035%$16K$3K3xas long as short
Bitget CHIPUSDT+0.0100%4h0.04627+0.043%$1.9M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04626+0.022%$2.0Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04634+0.195%$35K$235K5xas long as short
Variational Omni CHIP+0.0100%4h0.04636+0.244%$816K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04628+0.065%$750$1.0M10xas long as short
BloFin CHIP-USDT+0.0143%4h0.04636+0.238%$557K$64K50xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04717+1.994%$45K$37K50xas long as short