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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0211%/8h= −23.2% APRnext payment $0.26 per $10,000 · paid last 24h +0.042%
Price spread now: Aftermath Perps against Pacifica−0.911%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aftermath Perps is 0.911% cheaper against Pacifica than usual: you would sell low and buy high (−$91 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.046760.0100pay 0.0013% / 1h56m 01s$13K$6283x
ShortAftermath Perps CHIPUSD0.04633−0.0111pay 0.0014% / 1h56m 01s$110$39K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Pacifica. 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
−$44.41
Price spread: −0.911% → 0.000%
−$91.08
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$152.49
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Aftermath Perps no order-book sample
Pacifica and Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1164%1h0.04673−0.064%$15K$234K5xas long as short
Phoenix CHIP−0.0352%1h0.04609−1.433%$3K$139K5xas long as short
Nado CHIP-PERP−0.0214%1h0.04672−0.086%$234K$18K5xas long as short
Aftermath Perps CHIPUSDshort−0.0111%1h0.04633−0.911%$110$39K5x
OKX CHIP-USDT-SWAP−0.0103%4h0.04671−0.107%$1.9M$9.3M20xas long as short
BloFin CHIP-USDT−0.0059%4h0.04668−0.171%$548K$68K50xas long as short
ApeX Omni CHIPUSDT−0.0041%1h0.04613−1.347%$14K$247K50xas long as short
MEXC CHIP_USDT−0.0002%4h0.04671−0.107%$1.8M$1.1M50xas long as short
Extended CHIP-USD0.0000%1h0.04668−0.177%$212K$1.3M5xas long as short
Binance CHIPUSDT+0.0001%4h0.04670−0.124%$14.0M$26.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT+0.0065%4h0.04673−0.064%$10.9M$9.0M20xas long as short
Lighter CHIP+0.0096%1h0.04675−0.021%$87K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04681+0.115%$14.7M$6.8M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04677+0.019%$51K$236K5xas long as short
Pacifica CHIPlong+0.0100%1h0.04676long leg$13K$6283x
Gate CHIP_USDT+0.0100%4h0.04679+0.064%$692K$908K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04674−0.043%$998K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04673−0.064%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04671−0.107%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04609−1.425%$849K$453Kas long as short
SunX CHIP-USDT+0.0100%4h0.04670−0.128%$698$1.1M10xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0541%1h0.04682+0.120%$10K$25K10xas long as short
Coinbase International CHIP-PERP-INTX+0.0840%1h0.04675−0.019%$45K$40K50xas long as short