Funding you earn now, next payment 06:00 UTC−0.0227%/8h= −24.8% APRpaid last 24h −0.058%
Price spread now: OKX against Nado−0.141%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 3 days (all we have)−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.141%, 7d avg +0.004%
=Together, before fees−0.086%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.145% cheaper against Nado than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado CHIP-PERP | 0.04623 | −0.0083 | get 0.0010% / 1h | 27m 19s | $234K | $18K | 5x |
| Short | OKX CHIP-USDT-SWAP | 0.04617 | −0.0310 | pay 0.0155% / 4h | 2h 27m | $2.0M | $9.4M | 20x |
Nado CHIP-PERP
OKX CHIP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$47.63
- Price spread: −0.141% → +0.004%
- −$14.47
- Slippage, 4 orders
- −$75.39
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$154.49
- Costs to cover
- 0.924%
- Break-even
- never at this rate
Slippage from Nado: live order book, 20 min ago; OKX: live order book, 6 min ago.
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, 20 min ago | 5.05 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.08 bp | 24.4 bp −$24 | 171.3 bp −$1,713 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0752% | 1h | 0.04638 | +0.314% | $16K | $246K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0615% | 1h | 0.04621 | −0.058% | $9K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0572% | 4h | 0.04623 | −0.011% | $10.4M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAPshort | −0.0310% | 4h | 0.04617 | −0.141% | $2.0M | $9.4M | 20x | |
| Phoenix CHIP | −0.0171% | 1h | 0.04634 | +0.227% | $3K | $129K | 5x | as long as short |
| Nado CHIP-PERPlong | −0.0083% | 1h | 0.04623 | long leg | $234K | $18K | 5x | |
| KuCoin CHIPUSDTM | −0.0050% | 4h | 0.04626 | +0.054% | $972K | $1.2M | 50x | as long as short |
| Gate CHIP_USDT | −0.0022% | 4h | 0.04625 | +0.032% | $659K | $974K | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0088% | 1h | 0.04643 | +0.428% | $67 | $37K | 5x | as long as short |
| Binance CHIPUSDT | +0.0094% | 4h | 0.04616 | −0.162% | $13.8M | $27.1M | 50x | as long as short |
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Phoenix CHIP
KuCoin CHIPUSDTM
Gate CHIP_USDT
Aftermath Perps CHIPUSD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0094% | 4h | 0.04617 | −0.141% | $1.7M | $1.2M | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04622 | −0.032% | $96K | $113K | 3x | as long as short |
| Extended CHIP-USD | +0.0096% | 1h | 0.04616 | −0.158% | $211K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0099% | 4h | 0.04615 | −0.184% | $554K | $64K | 50x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04630 | +0.143% | $14.4M | $6.1M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04626 | +0.049% | $54K | $279K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04630 | +0.141% | $16K | $3K | 3x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04625 | +0.032% | $1.9M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04620 | −0.076% | — | $2.0M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04634 | +0.227% | $35K | $235K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04636 | +0.276% | $816K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04619 | −0.097% | $672 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04717 | +2.027% | $45K | $37K | 50x | as long as short |
MEXC CHIP_USDT
Lighter CHIP
Extended CHIP-USD
BloFin CHIP-USDT
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX