Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bitget−0.177%105s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$880.877% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.177%, 7d avg +0.012%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.189% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 105 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 | Bitget COMPUSDT | 22.620 | 0.0100 | pay 0.0100% / 8h | 43m 21s | $1.9M | $610K | 75x |
| Short | BloFin COMP-USDT | 22.580 | 0.0085 | get 0.0085% / 8h | 43m 21s | $235K | $178K | 20x |
Bitget COMPUSDT
BloFin COMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$3.23
- Price spread: −0.177% → +0.012%
- −$18.9
- Slippage, 4 orders
- −$63.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$109.82
- Costs to cover
- 0.877%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 28 min ago.
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 Bitget live order book, 4 min ago | 4.42 bp | 24.9 bp −$25 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 2.22 bp | 14.6 bp −$15 | 35.2 bp −$352 | doesn't fit | doesn't fit |
COMP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0635% | 1h | 22.580 | −0.177% | $217 | $439 | 50x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.820 | +0.884% | $1K | $13K | 12x | as long as short |
| Kraken Futures PF_COMPUSD | +0.0070% | 1h | 22.617 | −0.011% | $224K | $95K | 20x | as long as short |
| BloFin COMP-USDTshort | +0.0085% | 8h | 22.580 | −0.177% | $235K | $178K | 20x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.619 | −0.004% | $814K | $337K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.595 | −0.111% | $4.2M | $6.6M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.610 | −0.044% | $3.8M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.580 | −0.177% | $1.7M | $2.3M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.610 | −0.044% | $220K | $57K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.620 | 0.000% | $2.6M | $820K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
Injective COMP/USDC PERP
Kraken Futures PF_COMPUSD
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.600 | −0.088% | $408K | $114K | 30x | as long as short |
| Bitget COMPUSDTlong | +0.0100% | 8h | 22.620 | long leg | $1.9M | $610K | 75x | |
| BingX COMP-USDT | +0.0100% | 8h | 22.590 | −0.133% | — | $14.1M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.606 | −0.064% | $14K | $28K | — | as long as short |
| dYdX COMP-USD | +0.0219% | 1h | 22.595 | −0.108% | $68K | — | 5x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0864% | 1h | 22.680 | +0.265% | $16K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
BingX COMP-USDT
Variational Omni COMP
dYdX COMP-USD
Coinbase International COMP-PERP-INTX