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+0.0359%/8h= +39.3% APRpaid last 24h +0.019%
Price spread now: Extended against OKX−0.103%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days−0.191%−$19 · spread now −0.103%, 7d avg −0.101%
Together, before fees−0.097%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CHIP-USDT-SWAP0.04689−0.0255get 0.0127% / 4h2h 11m$2.0M$9.6M20x
ShortExtended CHIP-USD0.046840.0104get 0.0013% / 1h11m 48s$214K$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$75.34
Price spread: −0.103% → −0.101%
−$0.19
Slippage, 4 orders
−$98.73
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$38.58
Costs to cover
1.137%
Break-even
10.6 days
Slippage from OKX: live order book, 1 min ago; Extended: live order book, 1 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 OKX live order book, 1 min ago1.06 bp18.1 bp −$18351.4 bp −$3,514doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago3.30 bp38.2 bp −$38261.9 bp −$2,619doesn'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
Deribit CHIP_USDC-PERPETUAL−0.0750%1h0.04695+0.130%$9K$24K10xas long as short
ApeX Omni CHIPUSDT−0.0626%1h0.04703+0.299%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0416%4h0.046890.000%$10.6M$9.2M20xas long as short
OKX CHIP-USDT-SWAPlong−0.0255%4h0.04689long leg$2.0M$9.6M20x
Phoenix CHIP−0.0171%1h0.04712+0.491%$3K$129K5xas long as short
Nado CHIP-PERP−0.0118%1h0.04691+0.043%$237K$18K5xas long as short
KuCoin CHIPUSDTM−0.0038%4h0.04688−0.021%$984K$1.2M50xas long as short
Aftermath Perps CHIPUSD−0.0038%1h0.04695+0.134%$124$36K5xas long as short
Lighter CHIP+0.0096%1h0.04698+0.192%$97K$113K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04696+0.145%$14.5M$6.1M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04687−0.035%$54K$279K5xas long as short
Pacifica CHIP+0.0100%1h0.04703+0.305%$16K$3K3xas long as short
Binance CHIPUSDT+0.0100%4h0.04683−0.128%$14.0M$27.2M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04692+0.064%$670K$983K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04683−0.128%$1.7M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04688−0.021%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04686−0.064%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04696+0.149%$34K$234K5xas long as short
Variational Omni CHIP+0.0100%4h0.04702+0.282%$827K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04700+0.235%$595$1.0M10xas long as short
Extended CHIP-USDshort+0.0104%1h0.04684−0.103%$214K$1.0M5x
BloFin CHIP-USDT+0.0118%4h0.04698+0.192%$555K$65K50xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04735+0.977%$45K$37K50xas long as short