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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0275%/8h= +30.1% APRnext payment +$0.34 per $10,000 · paid last 24h −0.028%
Price spread now: Extended against Nado−0.001%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.167%−$17 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.001%, 7d avg −0.043%
Together, before fees−0.237%+ Points / potential airdropNado: Active · Extended: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.042% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 4 days funding on this pair cost −0.167%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04623−0.0171get 0.0021% / 1h28m 50s$234K$17K5x
ShortExtended CHIP-USD0.046230.0104get 0.0013% / 1h28m 50s$211K$1.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$57.79
Price spread: −0.001% → −0.043%
$4.2
Slippage, 4 orders
−$91.17
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.18
Costs to cover
1.032%
Break-even
12.0 days
Slippage from Nado: live order book, 17 min ago; Extended: 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 Nado live order book, 17 min ago5.61 bp15.4 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 3 min ago3.79 bp32.3 bp −$32242.2 bp −$2,422doesn't fitdoesn't fit

CHIP on 23 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CHIP_USDC-PERPETUAL−0.0786%1h0.04628+0.106%$9K$2K10xas long as short
ApeX Omni CHIPUSDT−0.0698%1h0.04621−0.054%$16K$232K50xas long as short
Backpack CHIP_USDC_PERP−0.0397%1h0.04629+0.119%$27K$172K5xas long as short
Phoenix CHIP−0.0343%1h0.04623−0.011%$3K$130K5xas long as short
Aftermath Perps CHIPUSD−0.0307%1h0.04630+0.146%$102$33K5xas long as short
Nado CHIP-PERPlong−0.0171%1h0.04623long leg$234K$17K5x
OKX CHIP-USDT-SWAP−0.0139%4h0.04623−0.011%$2.1M$7.7M20xas long as short
Bybit CHIPUSDT+0.0076%4h0.04627+0.076%$10.4M$7.9M20xas long as short
Lighter CHIP+0.0096%1h0.04627+0.076%$96K$89K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04632+0.177%$13.8M$5.3M3xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04628+0.097%$47K$250K5xas long as short
Pacifica CHIP+0.0100%1h0.04623−0.015%$15K$4K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04623−0.011%$13.7M$23.0M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04629+0.119%$710K$793K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04622−0.032%$2.1M$1.0M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04626+0.054%$960K$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04627+0.076%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04625+0.032%$1.8Mas long as short
Variational Omni CHIP+0.0100%4h0.04625+0.041%$855K$464Kas long as short
SunX CHIP-USDT+0.0100%4h0.04625+0.032%$485$819K10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04623−0.001%$211K$1.6M5x
BloFin CHIP-USDT+0.0119%4h0.04626+0.054%$563K$110K50xas long as short
Coinbase International CHIP-PERP-INTX+0.1616%1h0.04666+0.919%$50K$52K50xas long as short