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−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica−0.064%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 6 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 · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.064% cheaper against Pacifica than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.047000.0100pay 0.0013% / 1h16m 53s$16K$3K3x
ShortLighter CHIP0.046970.0096get 0.0012% / 1h16m 53s$97K$113K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: −0.064% → 0.000%
−$6.38
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$15.22
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 13 min ago. 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 Lighter live order book, 13 min ago9.69 bp48.6 bp −$49158.8 bp −$1,588doesn't fitdoesn't fit
Pacifica: 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
ApeX Omni CHIPUSDT−0.0687%1h0.04692−0.170%$16K$246K50xas long as short
Bybit CHIPUSDT−0.0404%4h0.04702+0.043%$10.6M$9.1M20xas long as short
OKX CHIP-USDT-SWAP−0.0276%4h0.04698−0.043%$2.0M$9.6M20xas long as short
Phoenix CHIP−0.0171%1h0.04699−0.021%$3K$129K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0154%1h0.04697−0.070%$9K$24K10xas long as short
Nado CHIP-PERP−0.0107%1h0.04699−0.011%$238K$18K5xas long as short
KuCoin CHIPUSDTM−0.0038%4h0.04698−0.043%$987K$1.2M50xas long as short
Aftermath Perps CHIPUSD+0.0006%1h0.04675−0.522%$61$37K5xas long as short
Lighter CHIPshort+0.0096%1h0.04697−0.064%$97K$113K3x
Hyperliquid CHIP+0.0100%1h0.04707+0.151%$14.6M$6.1M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04699−0.030%$54K$279K5xas long as short
Pacifica CHIPlong+0.0100%1h0.04700long leg$16K$3K3x
Binance CHIPUSDT+0.0100%4h0.04696−0.085%$14.1M$27.1M50xas long as short
Gate CHIP_USDT+0.0100%4h0.04701+0.021%$671K$983K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04694−0.128%$1.7M$1.2M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04698−0.043%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04698−0.043%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04701+0.021%$34K$234K5xas long as short
Variational Omni CHIP+0.0100%4h0.04675−0.528%$823K$481Kas long as short
SunX CHIP-USDT+0.0100%4h0.04694−0.128%$679$1.0M10xas long as short
Extended CHIP-USD+0.0104%1h0.04692−0.175%$213K$1.0M5xas long as short
BloFin CHIP-USDT+0.0121%4h0.04697−0.064%$555K$65K50xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04723+0.483%$45K$37K50xas long as short