Funding you earn now, next payment 22:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.077%
Price spread now: Derive against BloFin−0.123%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Derive is 0.123% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CC-USDT | 0.1165 | 0.0340 | pay 0.0170% / 4h | 2h 56m | $590K | $107K | 75x |
| Short | Derive CC-PERP | 0.1164 | 0.0100 | get 0.0013% / 1h | 56m 03s | $7K | $35K | 6.7x |
BloFin CC-USDT
Derive CC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against BloFin. 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
- −$50.4
- Price spread: −0.123% → 0.000%
- −$12.34
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$80.74
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 30 min ago; Derive: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 30 min ago | 1.71 bp | 18.7 bp −$19 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3670% | 1h | 0.1152 | −1.116% | $6K | $96 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1165 | −0.018% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1165 | −0.012% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1165 | +0.002% | $11.0M | $10.8M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1165 | −0.034% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1165 | +0.017% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1164 | −0.043% | $362K | $206K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1165 | −0.009% | $1.7M | $293K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1165 | −0.017% | $492K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1165 | −0.026% | $957K | $748K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1165 | −0.034% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1165 | −0.009% | $17K | $21K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1165 | +0.019% | $580K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1166 | +0.077% | $82K | $2.2M | 10x | as long as short |
| Derive CC-PERPshort | +0.0100% | 1h | 0.1164 | −0.123% | $7K | $35K | 6.7x | |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1165 | long leg | $590K | $107K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1165 | +0.002% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.1053% | 1h | 0.1168 | +0.223% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CC | +0.1960% | 1h | 0.1170 | +0.395% | $234K | $160K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC