After costs, if the gap returns to its 7d average, $10k−$114
spread now−0.172%7d average+0.045%fees + slippage, in and out−$92spread needed0.920%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CHIP | 0.04663 | −0.0171 | get 0.0021% / 1h | 22m 35s | $3K | $178K | 5x |
| Short | BloFin CHIP-USDT | 0.04655 | 0.0122 | get 0.0061% / 4h | 3h 22m | $565K | $160K | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$17.16
- Funding while held
- $8.78
- Slippage, 4 orders
- −$72.97
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.35
- Spread needed to break even
- 0.920%
Slippage from Phoenix: live order book, 7 min ago; BloFin: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0293%
- Per $10,000 a day
- +$8.78
- Average in range /8h
- —
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 Phoenix live order book, 7 min ago | 4.28 bp | 26.1 bp −$26 | 78.9 bp −$789 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 20 min ago | 1.07 bp | 20.8 bp −$21 | 59.6 bp −$596 | doesn't fit | doesn't fit |
CHIP price on every exchange
against the cheapest. Click to use as the short leg.CHIP on 23 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni CHIPUSDT | −0.193% | −0.0768% | 1h | $13K | $248K | 50x | as long as short |
| BloFin CHIP-USDTshort | −0.172% | +0.0122% | 4h | $565K | $160K | 50x | |
| Variational Omni CHIP | −0.127% | +0.0100% | 4h | $913K | $445K | — | as long as short |
| BingX CHIP-USDT | −0.107% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| SunX CHIP-USDT | −0.107% | +0.0100% | 4h | $864 | $1.1M | 10x | as long as short |
| Extended CHIP-USD | −0.091% | +0.0064% | 1h | $212K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.052% | +0.0061% | 4h | $14.3M | $26.7M | 50x | as long as short |
| OKX CHIP-USDT-SWAP | −0.043% | +0.0054% | 4h | $1.9M | $9.9M | 20x | as long as short |
| Aster CHIPUSDT | −0.041% | +0.0100% | 4h | $45K | $216K | 5x | as long as short |
| Backpack CHIP_USDC_PERP | −0.021% | −0.0323% | 1h | $17K | $238K | 5x | as long as short |
Show all 23 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado CHIP-PERP | −0.011% | −0.0040% | 1h | $234K | $17K | 5x | as long as short |
| Bybit CHIPUSDT | 0.000% | −0.0275% | 4h | $11.1M | $10.5M | 20x | as long as short |
| MEXC CHIP_USDT | 0.000% | +0.0062% | 4h | $2.0M | $1.4M | 50x | as long as short |
| KuCoin CHIPUSDTM | 0.000% | +0.0100% | 4h | $993K | $1.3M | 50x | as long as short |
| Bitget CHIPUSDT | 0.000% | +0.0100% | 4h | $1.9M | $2.9M | 50x | as long as short |
| Phoenix CHIPlong | 0.000% | −0.0171% | 1h | $3K | $178K | 5x | |
| Gate CHIP_USDT | +0.021% | +0.0100% | 4h | $692K | $877K | 50x | as long as short |
| Pacifica CHIP | +0.051% | +0.0100% | 1h | $13K | $784 | 3x | as long as short |
| Lighter CHIP | +0.064% | +0.0096% | 1h | $87K | $111K | 3x | as long as short |
| Aftermath Perps CHIPUSD | +0.088% | −0.0008% | 1h | $103 | $41K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | +0.112% | +0.0393% | 1h | $10K | $25K | 10x | as long as short |
| Hyperliquid CHIP | +0.189% | +0.0100% | 1h | $15.0M | $7.1M | 3x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.751% | +0.1064% | 1h | $51K | $35K | 50x | as long as short |
Phoenix CHIP
BloFin CHIP-USDT
ApeX Omni
Variational Omni
BingX
SunX
Extended
Binance
OKX
Aster
Backpack
Bybit
MEXC
KuCoin
Bitget
Gate
Pacifica
Lighter
Deribit
Hyperliquid
Coinbase International