After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.100%7d average+0.036%fees + slippage, in and out−$57spread needed0.565%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04519 | −0.0068 | get 0.0008% / 1h | 55m 37s | $226K | $18K | 5x |
| Short | Backpack CHIP_USDC_PERP | 0.04515 | −0.1406 | pay 0.0176% / 1h | 55m 37s | $18K | $235K | 5x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$9.96
- Funding while held
- −$40.14
- Slippage, 4 orders
- −$39.54
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$106.63
- Spread needed to break even
- 0.565%
Slippage from Nado: live order book, 43 min ago; Backpack: live order book, 40 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1338%
- Per $10,000 a day
- −$40.14
- Average in range /8h
- —
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 Nado live order book, 43 min ago | 4.90 bp | 14.4 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 40 min ago | 1.09 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
CHIP price on every exchange
against the cheapest. Click to use as the short leg.CHIP on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERPshort | −0.100% | −0.1406% | 1h | $18K | $235K | 5x | |
| Aster CHIPUSDT | −0.078% | +0.0100% | 4h | $37K | $213K | 5x | as long as short |
| SunX CHIP-USDT | −0.077% | +0.0100% | 4h | $597 | $1.0M | 10x | as long as short |
| MEXC CHIP_USDT | −0.011% | +0.0040% | 4h | $2.0M | $1.3M | 50x | as long as short |
| BloFin CHIP-USDT | −0.011% | +0.0041% | 4h | $551K | $109K | 50x | as long as short |
| Nado CHIP-PERPlong | 0.000% | −0.0068% | 1h | $226K | $18K | 5x | |
| Binance CHIPUSDT | +0.011% | +0.0043% | 4h | $13.8M | $25.2M | 50x | as long as short |
| Gate CHIP_USDT | +0.011% | +0.0100% | 4h | $670K | $849K | 50x | as long as short |
| Lighter CHIP | +0.033% | +0.0096% | 1h | $84K | $111K | 3x | as long as short |
| KuCoin CHIPUSDTM | +0.033% | +0.0100% | 4h | $982K | $1.2M | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget CHIPUSDT | +0.055% | +0.0100% | 4h | $1.8M | $2.9M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.071% | +0.0148% | 1h | $10K | $24K | 10x | as long as short |
| Hyperliquid CHIP | +0.093% | +0.0100% | 1h | $14.5M | $6.9M | 3x | as long as short |
| Pacifica CHIP | +0.093% | +0.0100% | 1h | $13K | $812 | 3x | as long as short |
| Extended CHIP-USD | +0.099% | +0.0040% | 1h | $205K | $1.3M | 5x | as long as short |
| BingX CHIP-USDT | +0.122% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Bybit CHIPUSDT | +0.144% | +0.0100% | 4h | $10.6M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | +0.144% | −0.0074% | 4h | $1.9M | $9.0M | 20x | as long as short |
| Aftermath Perps CHIPUSD | +0.151% | +0.0132% | 1h | $93 | $40K | 5x | as long as short |
| ApeX Omni CHIPUSDT | +0.232% | −0.0303% | 1h | $13K | $248K | 50x | as long as short |
| Phoenix CHIP | +0.254% | −0.0177% | 1h | $3K | $146K | 5x | as long as short |
| Variational Omni CHIP | +0.341% | +0.0100% | 4h | $847K | $394K | — | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.759% | +0.0920% | 1h | $44K | $39K | 50x | as long as short |
Backpack CHIP_USDC_PERP
Aster
SunX
MEXC
BloFin
Binance
Gate
Lighter
KuCoin
Bitget
Deribit
Hyperliquid
Pacifica
Extended
BingX
Bybit
OKX
ApeX Omni
Phoenix
Variational Omni
Coinbase International