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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Pacifica−0.009%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 5 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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica CHIP0.046830.0100pay 0.0013% / 1h24m 13s$13K$6283x
ShortSunX CHIP-USDT0.046830.0100get 0.0050% / 4h2h 24m$533$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: −0.009% → 0.000%
−$0.85
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$16.85
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; SunX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell SunX live order book, 9 min ago46.09 bp128.7 bp −$129doesn't fitdoesn'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 22 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−0.1181%1h0.04674−0.201%$15K$219K5xas long as short
ApeX Omni CHIPUSDT−0.0208%1h0.04645−0.820%$16K$250K50xas long as short
Phoenix CHIP−0.0172%1h0.04665−0.393%$3K$129K5xas long as short
Nado CHIP-PERP−0.0012%1h0.04685+0.045%$236K$19K5xas long as short
OKX CHIP-USDT-SWAP−0.0003%4h0.04688+0.098%$1.9M$9.2M20xas long as short
Lighter CHIP+0.0096%1h0.04687+0.077%$87K$108K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04697+0.286%$14.7M$6.1M3xas long as short
Aster CHIPUSDT+0.0100%4h0.04686+0.059%$36K$254K5xas long as short
Pacifica CHIPlong+0.0100%1h0.04683long leg$13K$6283x
Binance CHIPUSDT+0.0100%4h0.04684+0.013%$14.1M$25.9M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CHIPUSDT+0.0100%4h0.04688+0.098%$10.9M$8.6M20xas long as short
Gate CHIP_USDT+0.0100%4h0.04684+0.013%$692K$952K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04683−0.009%$1.8M$1.1M50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04686+0.056%$983K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04689+0.120%$2.0M$3.2M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04681−0.051%$1.9Mas long as short
Variational Omni CHIP+0.0100%4h0.04669−0.303%$878K$459Kas long as short
SunX CHIP-USDTshort+0.0100%4h0.04683−0.009%$533$1.0M10x
Extended CHIP-USD+0.0104%1h0.04681−0.045%$213K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0417%1h0.04666−0.379%$93$38K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0848%1h0.04715+0.666%$45K$40K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.0944%1h0.04695+0.248%$10K$24K10xas long as short