Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against BloFin−0.131%53s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as 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−$880.876% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.131%, 7d avg −0.013%
=Funding pays, the price is against you. OKX is 0.118% cheaper against BloFin than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.013%). If the spread goes back, that is −$12 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 53 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 COMP-USDT | 22.980 | 0.0074 | pay 0.0074% / 8h | 5h 16m | $241K | $168K | 20x |
| Short | OKX COMP-USDT-SWAP | 22.950 | 0.0100 | get 0.0100% / 8h | 5h 16m | $1.7M | $2.1M | 20x |
BloFin COMP-USDT
OKX COMP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.52
- Price spread: −0.131% → −0.013%
- −$11.8
- Slippage, 4 orders
- −$65.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$93.92
- Costs to cover
- 0.876%
- Break-even
- 126.2 days
Slippage from BloFin: live order book, 21 min ago; OKX: live order book, 6 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 BloFin live order book, 21 min ago | 4.37 bp | 13.7 bp −$14 | 32.4 bp −$324 | 329.4 bp −$32.9K | doesn't fit |
| Sell OKX live order book, 6 min ago | 2.18 bp | 23.1 bp −$23 | 465.8 bp −$4,658 | 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 | −0.0621% | 1h | 22.950 | −0.131% | $335 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0545% | 1h | 22.990 | +0.045% | $231K | $89K | 20x | as long as short |
| dYdX COMP-USD | −0.0071% | 1h | 22.960 | −0.087% | $70K | — | 5x | as long as short |
| BloFin COMP-USDTlong | +0.0074% | 8h | 22.980 | long leg | $241K | $168K | 20x | |
| MEXC COMP_USDT | +0.0095% | 8h | 22.980 | 0.000% | $2.6M | $814K | 20x | as long as short |
| Binance COMPUSDT | +0.0097% | 8h | 22.984 | +0.019% | $4.3M | $6.7M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.977 | −0.013% | $883K | $359K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.968 | −0.052% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAPshort | +0.0100% | 8h | 22.950 | −0.131% | $1.7M | $2.1M | 20x | |
| Gate COMP_USDT | +0.0100% | 8h | 22.960 | −0.087% | $227K | $57K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
Bybit COMPUSDT
Gate COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.990 | +0.044% | $464K | $90K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.970 | −0.044% | $1.9M | $620K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.980 | 0.000% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.966 | −0.062% | $15K | $29K | — | as long as short |
| Injective COMP/USDC PERP | +0.0488% | 1h | 22.820 | −0.696% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.980 | 0.000% | $18K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX