Funding you earn now, next payment 05:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h +0.086%
Price spread now: Bybit against Injective−0.158%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+0.229%+$23 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 Bybit is 0.158% cheaper against Injective than usual: you would sell low and buy high (−$16 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 +0.229%, 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 0.229% in total (about 12.0% 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 | 34m 41s | $1K | $13K | 12x |
| Short | Bybit COMPUSDT | 22.784 | 0.0100 | get 0.0100% / 8h | 3h 34m | $3.9M | $1.7M | 75x |
Injective COMP/USDC PERP
Bybit COMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.158% → 0.000%
- −$15.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.55
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 2.19 bp | 34.5 bp −$34 | 77.1 bp −$771 | 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 | −0.0628% | 1h | 22.770 | −0.219% | $332 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0282% | 1h | 22.812 | −0.036% | $226K | $94K | 20x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.796 | −0.106% | $69K | — | 5x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.793 | −0.118% | $873K | $346K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.788 | −0.141% | $4.3M | $6.3M | 75x | as long as short |
| Bybit COMPUSDTshort | +0.0100% | 8h | 22.784 | −0.158% | $3.9M | $1.7M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.790 | −0.131% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.790 | −0.131% | $222K | $54K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.780 | −0.175% | $2.5M | $814K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.800 | −0.088% | $461K | $87K | 30x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
Hyperliquid COMP
Binance COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC 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 | 22.790 | −0.131% | $1.9M | $575K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.800 | −0.088% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.776 | −0.193% | $14K | $30K | — | as long as short |
| BloFin COMP-USDT | +0.0118% | 8h | 22.740 | −0.351% | $243K | $175K | 20x | 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 |
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX