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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CHIP-USDT-SWAP | 0.04751 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2.0M | $9.6M | 20x |
| Short | Hyperliquid CHIP | 0.04757 | 0.1411 | get 0.0176% / 1h | 59m 16s | $15.7M | $6.3M | 3x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 2.12 bp | 23.9 bp −$24 | 222.2 bp −$2,222 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.79 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps CHIPUSD | −0.486% | +0.0729% | 1h | $161 | $43K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.463% | −0.0111% | 1h | $15K | $244K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | −0.337% | +0.0023% | 1h | $19K | $225K | 5x | as long as short |
| Pacifica CHIP | −0.288% | +0.0100% | 1h | $14K | $857 | 3x | as long as short |
| SunX CHIP-USDT | −0.253% | +0.0100% | 4h | $919 | $1.1M | 10x | as long as short |
| BingX CHIP-USDT | −0.210% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| Phoenix CHIP | −0.210% | −0.0169% | 1h | $2K | $174K | 5x | as long as short |
| BloFin CHIP-USDT | −0.210% | +0.0154% | 4h | $582K | $163K | 50x | as long as short |
| Variational Omni CHIP | −0.196% | +0.0100% | 4h | $896K | $416K | — | as long as short |
| MEXC CHIP_USDT | −0.189% | +0.0100% | 4h | $2.2M | $1.3M | 50x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | −0.152% | +0.0100% | 4h | $46K | $212K | 5x | as long as short |
| Gate CHIP_USDT | −0.126% | +0.0100% | 4h | $734K | $809K | 50x | as long as short |
| KuCoin CHIPUSDTM | −0.126% | +0.0100% | 4h | $1.0M | $1.3M | 50x | as long as short |
| Extended CHIP-USD | −0.080% | +0.0104% | 1h | $215K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.047% | +0.0100% | 4h | $14.7M | $25.0M | 50x | as long as short |
| Nado CHIP-PERP | −0.042% | −0.0025% | 1h | $257K | $4K | 5x | as long as short |
| Bybit CHIPUSDT | 0.000% | −0.0007% | 4h | $11.2M | $10.3M | 20x | as long as short |
| OKX CHIP-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.0M | $9.6M | 20x | |
| Lighter CHIP | +0.021% | +0.0096% | 1h | $103K | $94K | 3x | as long as short |
| Bitget CHIPUSDT | +0.021% | +0.0100% | 4h | $2.0M | $2.7M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.091% | +0.0929% | 1h | $10K | $25K | 10x | as long as short |
| Hyperliquid CHIPshort | +0.133% | +0.1411% | 1h | $15.7M | $6.3M | 3x | |
| Coinbase International CHIP-PERP-INTX | +0.469% | +0.1040% | 1h | $48K | $32K | 50x | as long as short |
OKX CHIP-USDT-SWAP
Hyperliquid CHIP
ApeX Omni
Backpack
Pacifica
SunX
BingX
Phoenix
BloFin
Variational Omni
MEXC
Aster
Gate
KuCoin
Extended
Binance
Bybit
Lighter
Bitget
Deribit
Coinbase International