Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Variational Omni−0.116%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.025%−$3 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now −0.116%, 7d avg −0.015%
=Together, before fees−0.144%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.101% cheaper against Variational Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04618 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $840K | $462K | — |
| Short | Lighter CHIP | 0.04613 | 0.0096 | get 0.0012% / 1h | 24m 25s | $86K | $110K | 3x |
Variational Omni CHIP
Lighter CHIPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.116% → −0.015%
- −$10.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$10.9
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 64 min ago; Lighter: live order book, 57 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 64 min ago | 5.33 bp | doesn't fit | 122.6 bp −$1,226 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 57 min ago | 11.77 bp | 27.2 bp −$27 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
CHIP on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1108% | 1h | 0.04611 | −0.159% | $16K | $234K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0599% | 1h | 0.04611 | −0.159% | $14K | $248K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0594% | 1h | 0.04615 | −0.074% | $10K | $24K | 10x | as long as short |
| Bybit CHIPUSDT | −0.0187% | 4h | 0.04617 | −0.029% | $10.7M | $8.9M | 20x | as long as short |
| Nado CHIP-PERP | −0.0187% | 1h | 0.04612 | −0.126% | $231K | $18K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04618 | −0.007% | $3K | $143K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0170% | 4h | 0.04610 | −0.181% | $1.9M | $9.2M | 20x | as long as short |
| BloFin CHIP-USDT | −0.0152% | 4h | 0.04610 | −0.181% | $542K | $66K | 50x | as long as short |
| Extended CHIP-USD | −0.0120% | 1h | 0.04613 | −0.115% | $210K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | −0.0116% | 4h | 0.04611 | −0.159% | $13.9M | $25.7M | 50x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Deribit CHIP_USDC-PERPETUAL
Bybit CHIPUSDT
Nado CHIP-PERP
Phoenix CHIP
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Extended CHIP-USD
Binance CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | −0.0114% | 4h | 0.04611 | −0.159% | $1.8M | $1.2M | 50x | as long as short |
| Aftermath Perps CHIPUSD | −0.0084% | 1h | 0.04607 | −0.250% | $85 | $39K | 5x | as long as short |
| Aster CHIPUSDT | −0.0030% | 4h | 0.04616 | −0.044% | $44K | $226K | 5x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04613 | −0.116% | $86K | $110K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04620 | +0.027% | $14.8M | $6.5M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04613 | −0.111% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04616 | −0.051% | $693K | $899K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04613 | −0.116% | $986K | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04617 | −0.029% | $2.0M | $3.0M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04612 | −0.137% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04618 | long leg | $840K | $462K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04608 | −0.224% | $603 | $1.0M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0816% | 1h | 0.04757 | +2.992% | $46K | $41K | 50x | as long as short |
MEXC CHIP_USDT
Aftermath Perps CHIPUSD
Aster CHIPUSDT
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX