Funding you earn now, next payment 03:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h −0.092%
Price spread now: Injective against Bybit−0.701%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.235%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.701% cheaper against Bybit than usual: you would sell low and buy high (spread −0.701% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$70 on $10k: about 6.0 days of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.235% in total (about -12.3% 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 | Bybit COMPUSDT | 22.981 | 0.0100 | pay 0.0100% / 8h | 5h 20m | $3.9M | $1.9M | 75x |
| Short | Injective COMP/USDC PERP | 22.820 | 0.0488 | get 0.0061% / 1h | 20m 19s | $1K | $13K | 12x |
Bybit COMPUSDT
Injective COMP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- $81.55
- Price spread: −0.701% → 0.000%
- −$70.06
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $0.47
- Costs to cover
- 0.110%
- Break-even
- 7.0 days
Slippage unknown: Bybit: live order book, 2 min ago; Injective: 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 Bybit live order book, 2 min ago | 4.36 bp | 40.5 bp −$41 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COMPUSD | −0.0544% | 1h | 23.002 | +0.093% | $231K | $89K | 20x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.0185% | 1h | 22.970 | −0.048% | $335 | $327 | 50x | as long as short |
| dYdX COMP-USD | −0.0079% | 1h | 22.960 | −0.091% | $70K | — | 5x | as long as short |
| MEXC COMP_USDT | +0.0089% | 8h | 22.960 | −0.091% | $2.6M | $814K | 20x | as long as short |
| Binance COMPUSDT | +0.0091% | 8h | 22.963 | −0.077% | $4.3M | $6.7M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.966 | −0.065% | $882K | $359K | 5x | as long as short |
| Bybit COMPUSDTlong | +0.0100% | 8h | 22.981 | long leg | $3.9M | $1.9M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.980 | −0.004% | $1.7M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.950 | −0.135% | $227K | $57K | 25x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.970 | −0.048% | $461K | $89K | 30x | as long as short |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
OKX COMP-USDT-SWAP
Gate COMP_USDT
KuCoin COMPUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget COMPUSDT | +0.0100% | 8h | 22.970 | −0.048% | $1.9M | $620K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.980 | −0.004% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.966 | −0.066% | $15K | $29K | — | as long as short |
| BloFin COMP-USDT | +0.0102% | 8h | 22.950 | −0.135% | $241K | $168K | 20x | as long as short |
| Injective COMP/USDC PERPshort | +0.0488% | 1h | 22.820 | −0.701% | $1K | $13K | 12x | |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.980 | −0.004% | $18K | $44K | 25x | as long as short |
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX