Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.39 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX−0.306%51s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.354%+$35 · spread now −0.306%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.281% cheaper against BingX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 51 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 | BingX COMP-USDT | 22.890 | 0.0100 | pay 0.0100% / 8h | 5h 36m | — | $34.7M | — |
| Short | BloFin COMP-USDT | 22.820 | 0.0061 | get 0.0061% / 8h | 5h 36m | $238K | $168K | 20x |
BingX COMP-USDT
BloFin COMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$8.09
- Price spread: −0.306% → −0.025%
- −$28.11
- Slippage, 4 orders
- −$57.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.64
- Costs to cover
- 0.794%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 1 min ago.
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 BingX live order book, 3 min ago | 4.38 bp | 20.5 bp −$20 | 48.5 bp −$485 | 387.0 bp −$38.7K | 473.5 bp −$236.8K |
| Sell BloFin live order book, 1 min ago | 4.37 bp | 23.4 bp −$23 | 49.4 bp −$494 | doesn't fit | doesn't fit |
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 | −0.0545% | 1h | 22.961 | +0.309% | $230K | $88K | 20x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.0186% | 1h | 22.940 | +0.218% | $335 | $327 | 50x | as long as short |
| dYdX COMP-USD | −0.0134% | 1h | 22.896 | +0.025% | $69K | — | 5x | as long as short |
| BloFin COMP-USDTshort | +0.0061% | 8h | 22.820 | −0.306% | $238K | $168K | 20x | |
| MEXC COMP_USDT | +0.0077% | 8h | 22.930 | +0.175% | $2.6M | $811K | 20x | as long as short |
| Binance COMPUSDT | +0.0079% | 8h | 22.931 | +0.178% | $4.3M | $6.7M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.901 | +0.048% | $880K | $360K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.943 | +0.232% | $4.0M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.940 | +0.218% | $1.6M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.890 | 0.000% | $226K | $55K | 25x | as long as short |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
Bybit COMPUSDT
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 | 22.880 | −0.044% | $460K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.940 | +0.218% | $1.9M | $614K | 75x | as long as short |
| BingX COMP-USDTlong | +0.0100% | 8h | 22.890 | long leg | — | $34.7M | — | |
| Variational Omni COMP | +0.0100% | 8h | 22.831 | −0.260% | $15K | $29K | — | as long as short |
| Injective COMP/USDC PERP | +0.0488% | 1h | 22.820 | −0.306% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.920 | +0.131% | $18K | $45K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX