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

CHIP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0195%/8h= +21.3% APRpaid last 24h −0.036%
Price spread now: MEXC against Nado−0.021%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.617% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.175%−$17 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.021%, 7d avg +0.006%
Together, before fees−0.011%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.027% cheaper against Nado than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.006%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 3 days funding on this pair cost −0.175%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado CHIP-PERP0.04747−0.0137get 0.0017% / 1h18m 22s$240K$20K5x
ShortMEXC CHIP_USDT0.047460.0058get 0.0029% / 4h18m 22s$1.8M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$40.85
Price spread: −0.021% → +0.006%
−$2.71
Slippage, 4 orders
−$54.67
Fee Nado: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
−$23.53
Costs to cover
0.617%
Break-even
11.0 days
Slippage from Nado: live order book, 39 min ago; MEXC: 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, 39 min ago5.11 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.06 bp16.4 bp −$1677.7 bp −$777247.1 bp −$24.7K844.8 bp −$422.4K

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
Backpack CHIP_USDC_PERP−0.0596%1h0.04762+0.316%$34K$249K5xas long as short
Phoenix CHIP−0.0510%1h0.04730−0.358%$3K$129K5xas long as short
ApeX Omni CHIPUSDT−0.0404%1h0.04736−0.232%$16K$245K50xas long as short
OKX CHIP-USDT-SWAP−0.0359%4h0.047470.000%$2.1M$9.7M20xas long as short
Bybit CHIPUSDT−0.0351%4h0.04752+0.105%$10.9M$9.1M20xas long as short
Nado CHIP-PERPlong−0.0137%1h0.04747long leg$240K$20K5x
Aster CHIPUSDT−0.0052%4h0.04753+0.134%$54K$278K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0002%1h0.04761+0.295%$10K$24K10xas long as short
BloFin CHIP-USDT+0.0023%4h0.04757+0.211%$565K$65K50xas long as short
Extended CHIP-USD+0.0056%1h0.04745−0.037%$216K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CHIP_USDTshort+0.0058%4h0.04746−0.021%$1.8M$1.2M50x
Binance CHIPUSDT+0.0062%4h0.04748+0.021%$14.3M$26.9M50xas long as short
Lighter CHIP+0.0096%1h0.04746−0.021%$97K$117K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04758+0.236%$14.8M$6.3M3xas long as short
Pacifica CHIP+0.0100%1h0.04750+0.063%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04749+0.042%$695K$981K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04749+0.042%$987K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04746−0.021%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04749+0.042%$2.0Mas long as short
Variational Omni CHIP+0.0100%4h0.04735−0.250%$842K$527Kas long as short
SunX CHIP-USDT+0.0100%4h0.04736−0.232%$463$1.0M10xas long as short
Aftermath Perps CHIPUSD+0.0205%1h0.04739−0.179%$46$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+2.271%$47K$42K50xas long as short