data as of
Settings8H · net · $10k
Price arb /

CHIP

all CHIP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$91
spread now+0.133%7d average+0.137%fees + slippage, in and out−$90spread needed0.903%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CHIP-USDT-SWAP0.047510.0100pay 0.0050% / 4h1h 59m$2.0M$9.6M20x
ShortHyperliquid CHIP0.047570.1411get 0.0176% / 1h59m 16s$15.7M$6.3M3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$13.26
Funding while held
$39.32
Slippage, 4 orders
−$71.28
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$37.7
Spread needed to break even
0.903%
Slippage from OKX: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.1311%
Per $10,000 a day
+$39.32
Average in range /8h

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, 5 min ago2.12 bp23.9 bp −$24222.2 bp −$2,222doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago1.79 bp26.2 bp −$26doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aftermath Perps CHIPUSD−0.486%+0.0729%1h$161$43K5xas long as short
ApeX Omni CHIPUSDT−0.463%−0.0111%1h$15K$244K50xas long as short
Backpack CHIP_USDC_PERP−0.337%+0.0023%1h$19K$225K5xas long as short
Pacifica CHIP−0.288%+0.0100%1h$14K$8573xas long as short
SunX CHIP-USDT−0.253%+0.0100%4h$919$1.1M10xas long as short
BingX CHIP-USDT−0.210%+0.0100%4h$1.9Mas long as short
Phoenix CHIP−0.210%−0.0169%1h$2K$174K5xas long as short
BloFin CHIP-USDT−0.210%+0.0154%4h$582K$163K50xas long as short
Variational Omni CHIP−0.196%+0.0100%4h$896K$416Kas long as short
MEXC CHIP_USDT−0.189%+0.0100%4h$2.2M$1.3M50xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster CHIPUSDT−0.152%+0.0100%4h$46K$212K5xas long as short
Gate CHIP_USDT−0.126%+0.0100%4h$734K$809K50xas long as short
KuCoin CHIPUSDTM−0.126%+0.0100%4h$1.0M$1.3M50xas long as short
Extended CHIP-USD−0.080%+0.0104%1h$215K$1.3M5xas long as short
Binance CHIPUSDT−0.047%+0.0100%4h$14.7M$25.0M50xas long as short
Nado CHIP-PERP−0.042%−0.0025%1h$257K$4K5xas long as short
Bybit CHIPUSDT0.000%−0.0007%4h$11.2M$10.3M20xas long as short
OKX CHIP-USDT-SWAPlong0.000%+0.0100%4h$2.0M$9.6M20x
Lighter CHIP+0.021%+0.0096%1h$103K$94K3xas long as short
Bitget CHIPUSDT+0.021%+0.0100%4h$2.0M$2.7M50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.091%+0.0929%1h$10K$25K10xas long as short
Hyperliquid CHIPshort+0.133%+0.1411%1h$15.7M$6.3M3x
Coinbase International CHIP-PERP-INTX+0.469%+0.1040%1h$48K$32K50xas long as short