Funding you earn now, next payment 05:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h +0.086%
Price spread now: Binance against Injective−1.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Binance is 1.042% cheaper against Injective than usual: you would sell low and buy high (−$104 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.215%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.215% in total (about 11.2% 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 | Injective COMP/USDC PERP | 22.820 | 0.0542 | pay 0.0068% / 1h | 8m 51s | $1K | $13K | 12x |
| Short | Binance COMPUSDT | 22.582 | 0.0100 | get 0.0100% / 8h | 3h 08m | $4.3M | $6.3M | 75x |
Injective COMP/USDC PERP
Binance COMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$92.75
- Price spread: −1.042% → 0.000%
- −$104.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$207.01
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 15 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 2.21 bp | 18.0 bp −$18 | 55.5 bp −$555 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0635% | 1h | 22.580 | −1.052% | $330 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0285% | 1h | 22.611 | −0.916% | $224K | $94K | 20x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.656 | −0.720% | $69K | — | 5x | as long as short |
| BloFin COMP-USDT | +0.0098% | 8h | 22.570 | −1.096% | $241K | $174K | 20x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.600 | −0.964% | $865K | $344K | 5x | as long as short |
| Binance COMPUSDTshort | +0.0100% | 8h | 22.582 | −1.042% | $4.3M | $6.3M | 75x | |
| Bybit COMPUSDT | +0.0100% | 8h | 22.610 | −0.920% | $3.9M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.600 | −0.964% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.640 | −0.789% | $220K | $55K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.580 | −1.052% | $2.5M | $815K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
BloFin COMP-USDT
Hyperliquid COMP
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 | 22.640 | −0.789% | $458K | $87K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.610 | −0.920% | $1.9M | $575K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.610 | −0.920% | — | $34.6M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.636 | −0.807% | $14K | $30K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0408% | 1h | 22.980 | +0.701% | $18K | $44K | 25x | as long as short |
| Injective COMP/USDC PERPlong | +0.0542% | 1h | 22.820 | long leg | $1K | $13K | 12x |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX