Funding you earn now, next payment 07:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h +0.028%
Price spread now: Nado against Pacifica−0.307%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.307% cheaper against Pacifica than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CHIP | 0.04791 | 0.0100 | pay 0.0013% / 1h | 33m 38s | $16K | $4K | 3x |
| Short | Nado CHIP-PERP | 0.04776 | −0.0145 | pay 0.0018% / 1h | 33m 38s | $242K | $18K | 5x |
Pacifica CHIP
Nado CHIP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$51.49
- Price spread: −0.307% → 0.000%
- −$30.68
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$97.18
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Nado: live order book, 9 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 Nado live order book, 9 min ago | 5.65 bp | 19.2 bp −$19 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHIPUSDT | −0.0419% | 4h | 0.04790 | −0.015% | $10.8M | $9.2M | 20x | as long as short |
| ApeX Omni CHIPUSDT | −0.0399% | 1h | 0.04761 | −0.620% | $17K | $246K | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0201% | 4h | 0.04786 | −0.098% | $2.1M | $9.8M | 20x | as long as short |
| Phoenix CHIP | −0.0171% | 1h | 0.04761 | −0.620% | $3K | $128K | 5x | as long as short |
| Nado CHIP-PERPshort | −0.0145% | 1h | 0.04776 | −0.307% | $242K | $18K | 5x | |
| KuCoin CHIPUSDTM | −0.0054% | 4h | 0.04787 | −0.077% | $1.0M | $1.1M | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0043% | 1h | 0.04780 | −0.232% | $10K | $24K | 10x | as long as short |
| Aftermath Perps CHIPUSD | −0.0011% | 1h | 0.04760 | −0.633% | $123 | $36K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0075% | 4h | 0.04755 | −0.745% | $567K | $91K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04795 | +0.090% | $99K | $107K | 3x | as long as short |
Bybit CHIPUSDT
ApeX Omni CHIPUSDT
OKX CHIP-USDT-SWAP
Phoenix CHIP
KuCoin CHIPUSDTM
Deribit CHIP_USDC-PERPETUAL
Aftermath Perps CHIPUSD
BloFin CHIP-USDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CHIP | +0.0100% | 1h | 0.04798 | +0.144% | $14.8M | $6.0M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04790 | −0.016% | $55K | $272K | 5x | as long as short |
| Pacifica CHIPlong | +0.0100% | 1h | 0.04791 | long leg | $16K | $4K | 3x | |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04788 | −0.046% | $14.4M | $27.1M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04785 | −0.119% | $685K | $968K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04788 | −0.056% | $1.8M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04789 | −0.035% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04789 | −0.035% | — | $1.9M | — | as long as short |
| Backpack CHIP_USDC_PERP | +0.0100% | 1h | 0.04788 | −0.056% | $35K | $231K | 5x | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04744 | −0.971% | $860K | $445K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04771 | −0.411% | $722 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04786 | −0.091% | $217K | $1.0M | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0952% | 1h | 0.04797 | +0.121% | $46K | $38K | 50x | as long as short |
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
Coinbase International CHIP-PERP-INTX