Funding you earn now, next payment 08:00 UTC−0.0392%/8h= −42.9% APRnext payment −$0.49 per $10,000 · paid last 24h +0.044%
Price spread now: Deribit against Pacifica+0.002%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04793 | 0.0100 | pay 0.0013% / 1h | 41m 05s | $16K | $4K | 3x |
| Short | Deribit CHIP_USDC-PERPETUAL | 0.04793 | −0.0292 | pay 0.0037% / 1h | 41m 05s | $10K | $23K | 10x |
Pacifica CHIP
Deribit CHIP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Pacifica. 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
- −$82.36
- Price spread: +0.002% → 0.000%
- $0.21
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$97.16
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Pacifica and Deribit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CHIP | −0.0335% | 1h | 0.04786 | −0.136% | $3K | $125K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0320% | 1h | 0.04791 | −0.031% | $18K | $247K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUALshort | −0.0292% | 1h | 0.04793 | +0.002% | $10K | $23K | 10x | |
| Bybit CHIPUSDT | −0.0168% | 4h | 0.04790 | −0.052% | $10.9M | $9.0M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0113% | 4h | 0.04786 | −0.136% | $2.1M | $9.7M | 20x | as long as short |
| KuCoin CHIPUSDTM | −0.0016% | 4h | 0.04791 | −0.031% | $1.0M | $1.1M | 50x | as long as short |
| Nado CHIP-PERP | +0.0064% | 1h | 0.04789 | −0.073% | $242K | $18K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0071% | 4h | 0.04792 | −0.010% | $575K | $101K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04792 | −0.010% | $100K | $107K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04802 | +0.190% | $14.8M | $5.9M | 3x | as long as short |
Phoenix CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
KuCoin CHIPUSDTM
Nado CHIP-PERP
BloFin CHIP-USDT
Lighter CHIP
Hyperliquid CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04790 | −0.060% | $50K | $274K | 5x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04793 | long leg | $16K | $4K | 3x | |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04786 | −0.134% | $14.4M | $27.0M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04795 | +0.052% | $685K | $973K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04788 | −0.094% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04795 | +0.052% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04789 | −0.073% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04793 | +0.010% | $26K | $226K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04784 | −0.176% | $917K | $465K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04787 | −0.115% | $630 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04786 | −0.131% | $217K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0158% | 1h | 0.04792 | −0.010% | $172 | $35K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0920% | 1h | 0.04839 | +0.977% | $46K | $37K | 50x | as long as short |
Aster CHIPUSDT
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Backpack CHIP_USDC_PERP
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX