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

CHIP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0257%/8h= +28.1% APRpaid last 24h +0.048%
Price spread now: Aftermath Perps against Variational Omni+0.801%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aftermath Perps is 0.801% dearer against Variational Omni than usual: you sell high and buy low: +$80 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CHIP0.046710.0100pay 0.0050% / 4h50m 57s$832K$529K
ShortAftermath Perps CHIPUSD0.047080.0357get 0.0045% / 1h50m 57s$133$38K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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
$53.9
Price spread: +0.801% → 0.000%
$80.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$125.04
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 8 min ago; Aftermath Perps: no order-book sample. 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 Variational Omni RFQ quote, 8 min ago6.38 bpdoesn't fit123.3 bp −$1,233doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack CHIP_USDC_PERP−0.0837%1h0.04673+0.050%$33K$243K5xas long as short
Bybit CHIPUSDT−0.0536%4h0.04672+0.028%$10.8M$9.0M20xas long as short
Phoenix CHIP−0.0510%1h0.04726+1.184%$3K$129K5xas long as short
Deribit CHIP_USDC-PERPETUAL−0.0498%1h0.04674+0.065%$10K$24K10xas long as short
OKX CHIP-USDT-SWAP−0.0347%4h0.04669−0.036%$2.0M$9.5M20xas long as short
ApeX Omni CHIPUSDT−0.0199%1h0.04695+0.521%$16K$245K50xas long as short
Aster CHIPUSDT−0.0099%4h0.04674+0.071%$49K$275K5xas long as short
Nado CHIP-PERP−0.0058%1h0.04670−0.004%$236K$20K5xas long as short
BloFin CHIP-USDT+0.0060%4h0.04669−0.036%$560K$63K50xas long as short
Extended CHIP-USD+0.0072%1h0.04667−0.074%$213K$1.9M5xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CHIPUSDT+0.0076%4h0.04668−0.057%$14.1M$26.7M50xas long as short
MEXC CHIP_USDT+0.0078%4h0.04669−0.036%$1.8M$1.2M50xas long as short
Lighter CHIP+0.0096%1h0.04670−0.015%$86K$107K3xas long as short
Hyperliquid CHIP+0.0100%1h0.04678+0.165%$14.6M$6.2M3xas long as short
Pacifica CHIP+0.0100%1h0.04670−0.015%$16K$3K3xas long as short
Gate CHIP_USDT+0.0100%4h0.04673+0.050%$680K$949K50xas long as short
KuCoin CHIPUSDTM+0.0100%4h0.04674+0.071%$978K$1.1M50xas long as short
Bitget CHIPUSDT+0.0100%4h0.04668−0.057%$2.0M$3.3M50xas long as short
BingX CHIP-USDT+0.0100%4h0.04670−0.015%$1.9Mas long as short
Variational Omni CHIPlong+0.0100%4h0.04671long leg$832K$529K
SunX CHIP-USDT+0.0100%4h0.04667−0.079%$917$1.0M10xas long as short
Aftermath Perps CHIPUSDshort+0.0357%1h0.04708+0.801%$133$38K5x
Coinbase International CHIP-PERP-INTX+0.0736%1h0.04855+3.942%$47K$42K50xas long as short