Funding you earn now, next payment 00:00 UTC+0.1355%/8h= +148.4% APRpaid last 24h +0.043%
Price spread now: Nado against Variational Omni−0.105%7-day average −0.046% · 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)+0.180%+$18 on $10k
+Price spread, last 3 days (all we have)−0.131%−$13 · spread now −0.105%, 7d avg −0.046%
=Together, before fees+0.049%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.059% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.046%). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$41 a day). At the pace of the last 3 days (+0.180% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.180% in total (about 20.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CHIP | 0.04694 | 0.0100 | pay 0.0050% / 4h | 49m 08s | $878K | $468K | — |
| Short | Nado CHIP-PERP | 0.04689 | 0.1455 | get 0.0182% / 1h | 49m 08s | $235K | $18K | 5x |
Variational Omni CHIP
Nado CHIP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $284.65
- Price spread: −0.105% → −0.046%
- −$5.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $271.79
- Costs to cover
- 0.070%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; Nado: live order book, 28 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, 30 min ago | 4.34 bp | doesn't fit | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell Nado live order book, 28 min ago | 4.77 bp | 18.7 bp −$19 | doesn't fit | 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 | −0.1214% | 1h | 0.04690 | −0.094% | $15K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04695 | +0.012% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0104% | 1h | 0.04678 | −0.350% | $86 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0080% | 4h | 0.04685 | −0.201% | $1.9M | $9.3M | 20x | as long as short |
| BloFin CHIP-USDT | −0.0035% | 4h | 0.04689 | −0.115% | $544K | $69K | 50x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04695 | +0.010% | $10K | $25K | 10x | as long as short |
| Extended CHIP-USD | +0.0008% | 1h | 0.04688 | −0.144% | $214K | $1.3M | 5x | as long as short |
| MEXC CHIP_USDT | +0.0008% | 4h | 0.04690 | −0.094% | $1.8M | $1.1M | 50x | as long as short |
| Binance CHIPUSDT | +0.0011% | 4h | 0.04689 | −0.115% | $14.1M | $26.1M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0075% | 4h | 0.04691 | −0.073% | $10.9M | $9.0M | 20x | as long as short |
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
BloFin CHIP-USDT
Deribit CHIP_USDC-PERPETUAL
Extended CHIP-USD
MEXC CHIP_USDT
Binance CHIPUSDT
Bybit CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CHIP | +0.0096% | 1h | 0.04692 | −0.051% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04698 | +0.074% | $14.7M | $6.7M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04693 | −0.032% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04692 | −0.049% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04694 | −0.009% | $695K | $910K | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04692 | −0.051% | $995K | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04691 | −0.073% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04688 | −0.137% | — | $1.9M | — | as long as short |
| Variational Omni CHIPlong | +0.0100% | 4h | 0.04694 | long leg | $878K | $468K | — | |
| ApeX Omni CHIPUSDT | +0.0100% | 1h | 0.04696 | +0.034% | $14K | $247K | 50x | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04689 | −0.115% | $874 | $1.1M | 10x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04711 | +0.347% | $45K | $40K | 50x | as long as short |
| Nado CHIP-PERPshort | +0.1455% | 1h | 0.04689 | −0.105% | $235K | $18K | 5x |
Lighter CHIP
Hyperliquid CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
ApeX Omni CHIPUSDT
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX