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
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04700 | 0.0100 | pay 0.0013% / 1h | 16m 53s | $16K | $3K | 3x |
| Short | Lighter CHIP | 0.04697 | 0.0096 | get 0.0012% / 1h | 16m 53s | $97K | $113K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 13 min ago | 9.69 bp | 48.6 bp −$49 | 158.8 bp −$1,588 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.0687% | 1h | 0.04692 | −0.170% | $16K | $246K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0404% | 4h | 0.04702 | +0.043% | $10.6M | $9.1M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0276% | 4h | 0.04698 | −0.043% | $2.0M | $9.6M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04699 | −0.021% | $3K | $129K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0154% | 1h | 0.04697 | −0.070% | $9K | $24K | 10x | as long as short |
| Nado CHIP-PERP | −0.0107% | 1h | 0.04699 | −0.011% | $238K | $18K | 5x | as long as short |
| KuCoin CHIPUSDTM | −0.0038% | 4h | 0.04698 | −0.043% | $987K | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | +0.0006% | 1h | 0.04675 | −0.522% | $61 | $37K | 5x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04697 | −0.064% | $97K | $113K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04707 | +0.151% | $14.6M | $6.1M | 3x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CHIPUSDT | +0.0100% | 4h | 0.04699 | −0.030% | $54K | $279K | 5x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04700 | long leg | $16K | $3K | 3x | |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04696 | −0.085% | $14.1M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04701 | +0.021% | $671K | $983K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04694 | −0.128% | $1.7M | $1.2M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04698 | −0.043% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04698 | −0.043% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04701 | +0.021% | $34K | $234K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04675 | −0.528% | $823K | $481K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04694 | −0.128% | $679 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04692 | −0.175% | $213K | $1.0M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0121% | 4h | 0.04697 | −0.064% | $555K | $65K | 50x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0848% | 1h | 0.04723 | +0.483% | $45K | $37K | 50x | as long as short |
Pacifica CHIP
Lighter CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
KuCoin CHIPUSDTM
Aftermath Perps CHIPUSD
Hyperliquid CHIP
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
BloFin CHIP-USDT
Coinbase International CHIP-PERP-INTX