Funding you earn now, next payment 03:00 UTC+0.0336%/8h= +36.8% APRpaid last 24h +0.030%
Price spread now: Bybit against dYdX+0.176%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.176% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.223% in total (about 11.6% 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 | dYdX COMP-USD | 22.690 | −0.0236 | get 0.0030% / 1h | 46m 04s | $69K | — | 5x |
| Short | Bybit COMPUSDT | 22.730 | 0.0100 | get 0.0100% / 8h | 5h 46m | $3.9M | $1.9M | 75x |
dYdX COMP-USD
Bybit COMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $70.64
- Price spread: +0.176% → 0.000%
- $17.63
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $67.27
- Costs to cover
- 0.210%
- Break-even
- 0.3 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 1 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.41 bp | 38.3 bp −$38 | 82.5 bp −$825 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0630% | 1h | 22.720 | +0.132% | $332 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0551% | 1h | 22.740 | +0.220% | $228K | $88K | 20x | as long as short |
| dYdX COMP-USDlong | −0.0236% | 1h | 22.690 | long leg | $69K | — | 5x | |
| BloFin COMP-USDT | +0.0044% | 8h | 22.630 | −0.264% | — | $166K | 20x | as long as short |
| Binance COMPUSDT | +0.0070% | 8h | 22.720 | +0.132% | $4.3M | $6.7M | 75x | as long as short |
| MEXC COMP_USDT | +0.0072% | 8h | 22.710 | +0.088% | $2.6M | $807K | 20x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.721 | +0.137% | $873K | $360K | 5x | as long as short |
| Bybit COMPUSDTshort | +0.0100% | 8h | 22.730 | +0.176% | $3.9M | $1.9M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.710 | +0.088% | $1.6M | $2.0M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.710 | +0.088% | $222K | $54K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
BloFin COMP-USDT
Binance COMPUSDT
MEXC COMP_USDT
Hyperliquid COMP
OKX COMP-USDT-SWAP
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 | 22.710 | +0.088% | $456K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.710 | +0.088% | $1.9M | $605K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.710 | +0.088% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.731 | +0.181% | $15K | $29K | — | as long as short |
| Injective COMP/USDC PERP | +0.0488% | 1h | 22.620 | −0.309% | $2K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.930 | +1.058% | $18K | $45K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX