data as of
Settings8H · net · $10k
Price arb /

CHIP

all CHIP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$268
spread now+0.327%7d average+0.048%fees + slippage, in and out−$296spread needed2.958%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.045830.0100pay 0.0050% / 4h2h 42m$901$1.1M10x
ShortBackpack CHIP_USDC_PERP0.04598−0.1367pay 0.0171% / 1h42m 25s$17K$236K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$32.73
Funding while held
−$44
Slippage, 4 orders
−$275.78
Fee SunX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$307.06
Spread needed to break even
2.958%
Slippage from SunX: live order book, 7 min ago; Backpack: live order book, 58 min ago.

Cost of waiting

funding view
Funding /8h
−0.1467%
Per $10,000 a day
$44.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago46.43 bp126.3 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 58 min ago3.22 bp10.9 bp −$11doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX CHIP-USDTlong0.000%+0.0100%4h$901$1.1M10x
Binance CHIPUSDT+0.022%−0.0029%4h$14.0M$26.6M50xas long as short
MEXC CHIP_USDT+0.022%−0.0028%4h$2.0M$1.4M50xas long as short
Nado CHIP-PERP+0.076%−0.0228%1h$230K$18K5xas long as short
Extended CHIP-USD+0.087%−0.0032%1h$208K$1.3M5xas long as short
BingX CHIP-USDT+0.087%+0.0100%4h$1.9Mas long as short
OKX CHIP-USDT-SWAP+0.109%−0.0114%4h$1.9M$9.6M20xas long as short
Bitget CHIPUSDT+0.109%+0.0100%4h$1.9M$2.9M50xas long as short
Bybit CHIPUSDT+0.175%−0.0315%4h$10.8M$10.3M20xas long as short
Aster CHIPUSDT+0.186%+0.0100%4h$44K$216K5xas long as short
Show all 23 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Lighter CHIP+0.218%+0.0096%1h$86K$112K3xas long as short
Hyperliquid CHIP+0.260%+0.0100%1h$14.7M$7.1M3xas long as short
KuCoin CHIPUSDTM+0.262%+0.0100%4h$984K$1.3M50xas long as short
Pacifica CHIP+0.268%+0.0100%1h$13K$7843xas long as short
Gate CHIP_USDT+0.284%+0.0100%4h$676K$848K50xas long as short
Deribit CHIP_USDC-PERPETUAL+0.292%+0.0577%1h$10K$25K10xas long as short
Backpack CHIP_USDC_PERPshort+0.327%−0.1367%1h$17K$236K5x
ApeX Omni CHIPUSDT+0.327%−0.0214%1h$13K$246K50xas long as short
BloFin CHIP-USDT+0.393%−0.0062%4h$563K$153K50xas long as short
Phoenix CHIP+0.415%−0.0345%1h$3K$178K5xas long as short
Variational Omni CHIP+0.538%+0.0100%4h$866K$452Kas long as short
Aftermath Perps CHIPUSD+0.682%−0.0128%1h$129$41K5xas long as short
Coinbase International CHIP-PERP-INTX+1.218%+0.0760%1h$45K$40K50xas long as short