Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.175%51s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as 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−$750.754% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)+0.222%+$22 · spread now −0.175%, 7d avg +0.023%
=Funding pays, the price is against you. BingX is 0.197% cheaper against BloFin than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of +0.023%). If the spread goes back, that is −$20 on $10k: about 32 days of funding at the current rate (+$1 a day). 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 | BloFin COMP-USDT | 22.890 | 0.0079 | pay 0.0079% / 8h | 7h 06m | $239K | $161K | 20x |
| Short | BingX COMP-USDT | 22.850 | 0.0100 | get 0.0100% / 8h | 7h 06m | — | $34.7M | — |
BloFin COMP-USDT
BingX COMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $4.35
- Price spread: −0.175% → +0.023%
- −$19.75
- Slippage, 4 orders
- −$53.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$90.83
- Costs to cover
- 0.754%
- Break-even
- 153.3 days
Slippage from BloFin: live order book, 59 min ago; BingX: live order book, 2 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 BloFin live order book, 59 min ago | 4.43 bp | 14.7 bp −$15 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.55 bp | 21.8 bp −$22 | 46.8 bp −$468 | 376.3 bp −$37.6K | 518.5 bp −$259.2K |
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 | −0.1063% | 1h | 22.830 | −0.262% | $333 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0673% | 1h | 22.883 | −0.031% | $230K | $91K | 20x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.886 | −0.019% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.340 | −2.403% | $2K | $13K | 12x | as long as short |
| BloFin COMP-USDTlong | +0.0079% | 8h | 22.890 | long leg | $239K | $161K | 20x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.846 | −0.192% | $873K | $416K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.850 | −0.175% | $4.3M | $6.9M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.840 | −0.218% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.850 | −0.175% | $1.6M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.840 | −0.218% | $223K | $64K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
Injective COMP/USDC PERP
Hyperliquid COMP
Binance COMPUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COMP_USDT | +0.0100% | 8h | 22.820 | −0.306% | $2.7M | $819K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.870 | −0.087% | $460K | $92K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.830 | −0.262% | $1.9M | $611K | 75x | as long as short |
| BingX COMP-USDTshort | +0.0100% | 8h | 22.850 | −0.175% | — | $34.7M | — | |
| Variational Omni COMP | +0.0100% | 8h | 22.826 | −0.281% | $15K | $31K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0200% | 1h | 22.930 | +0.175% | $18K | $46K | 25x | as long as short |
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX