Funding you earn now, next payment 22:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.106%
Price spread now: Bybit against Coinbase International−0.133%54s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding pays, the price is against you. Bybit is 0.133% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 7.4 days of funding at the current rate (+$2 a day). The two prices were read 54 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 | Coinbase International COMP-PERP-INTX | 22.520 | 0.0040 | pay 0.0005% / 1h | 2m 22s | $18K | $53K | 25x |
| Short | Bybit COMPUSDT | 22.490 | 0.0100 | get 0.0100% / 8h | 1h 02m | $3.8M | $2.0M | 75x |
Coinbase International COMP-PERP-INTX
Bybit COMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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
- $12.6
- Price spread: −0.133% → 0.000%
- −$13.32
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.72
- Costs to cover
- 0.210%
- Break-even
- 19.1 days
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 10 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 10 min ago | 2.23 bp | 27.5 bp −$27 | 80.1 bp −$801 | doesn't fit | doesn't fit |
Coinbase International: 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 | −0.0859% | 1h | 22.519 | −0.006% | $237K | $62K | 20x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.0638% | 1h | 22.490 | −0.133% | $328 | $327 | 50x | as long as short |
| Injective COMP/USDC PERP | −0.0449% | 1h | 22.340 | −0.799% | $2K | $13K | 12x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.527 | +0.030% | $68K | — | 5x | as long as short |
| Coinbase International COMP-PERP-INTXlong | +0.0040% | 1h | 22.520 | long leg | $18K | $53K | 25x | |
| BloFin COMP-USDT | +0.0094% | 8h | 22.510 | −0.044% | $236K | $150K | 20x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.511 | −0.040% | $845K | $493K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.484 | −0.159% | $4.2M | $7.2M | 75x | as long as short |
| Bybit COMPUSDTshort | +0.0100% | 8h | 22.490 | −0.133% | $3.8M | $2.0M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.500 | −0.089% | $1.6M | $2.2M | 20x | as long as short |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
Injective COMP/USDC PERP
dYdX COMP-USD
BloFin COMP-USDT
Hyperliquid COMP
Binance COMPUSDT
OKX COMP-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate COMP_USDT | +0.0100% | 8h | 22.480 | −0.178% | $220K | $78K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.480 | −0.178% | $2.7M | $845K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.510 | −0.044% | $455K | $94K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.490 | −0.133% | $1.9M | $670K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.500 | −0.089% | — | $36.0M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.487 | −0.147% | $15K | $37K | — | as long as short |
Gate COMP_USDT
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP