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

CHIP

all CHIP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against SunX+0.040%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$2932.934% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.040%, 7d avg +0.022%
Together, before fees−0.154%−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CHIP-USDT0.047860.0100pay 0.0050% / 4h42m 23s$752$1.0M10x
ShortBinance CHIPUSDT0.047880.0100get 0.0050% / 4h42m 23s$14.4M$27.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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: +0.040% → +0.022%
$1.85
Slippage, 4 orders
−$275.43
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$291.58
Costs to cover
2.934%
Break-even
never at this rate
Slippage from SunX: live order book, just now; Binance: live order book, 14 min ago.

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, just now47.01 bp125.6 bp −$126doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.06 bp22.4 bp −$2275.0 bp −$750doesn't fitdoesn't fit

CHIP on 23 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
Phoenix CHIP−0.0335%1h0.047860.000%$3K$125K5xas long as short
ApeX Omni CHIPUSDT−0.0320%1h0.04791+0.104%$18K$247K50xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0271%1h0.04792+0.125%$10K$23K10xas long as short
Bybit CHIPUSDT−0.0168%4h0.04791+0.104%$10.9M$9.0M20xas long as short
OKX CHIP-USDT-SWAP−0.0114%4h0.047860.000%$2.1M$9.7M20xas long as short
KuCoin CHIPUSDTM−0.0016%4h0.04794+0.167%$1.0M$1.1M50xas long as short
BloFin CHIP-USDT+0.0047%4h0.04784−0.042%$575K$100K50xas long as short
Nado CHIP-PERP+0.0067%1h0.04795+0.178%$243K$18K5xas long as short
Lighter CHIP+0.0096%1h0.04795+0.188%$100K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04807+0.441%$14.9M$5.9M3xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CHIPUSDT+0.0100%4h0.04791+0.100%$50K$274K5xas long as short
Pacifica CHIP+0.0100%1h0.04791+0.096%$16K$4K3xas long as short
Binance CHIPUSDTshort+0.0100%4h0.04788+0.040%$14.4M$27.0M50x
Gate CHIP_USDT+0.0100%4h0.04795+0.188%$685K$973K50xas long as short
MEXC CHIP_USDT+0.0100%4h0.04788+0.042%$1.8M$1.0M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04793+0.146%$2.0M$3.4M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04788+0.042%$1.9Mas long as short
Backpack CHIP_USDC_PERP+0.0100%1h0.04791+0.104%$26K$229K5xas long as short
Variational Omni CHIP+0.0100%4h0.04784−0.040%$917K$465Kas long as short
SunX CHIP-USDTlong+0.0100%4h0.04786long leg$752$1.0M10x
Extended CHIP-USD+0.0104%1h0.04786+0.005%$217K$1.9M5xas long as short
Aftermath Perps CHIPUSD+0.0157%1h0.04791+0.111%$172$35K5xas long as short
Coinbase International CHIP-PERP-INTX+0.0920%1h0.04839+1.114%$46K$37K50xas long as short