Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against BloFin+0.306%73s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as 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−$820.817% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.306%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.313% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 73 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 | 22.880 | 0.0075 | pay 0.0075% / 8h | 4h 23m | $241K | $166K | 20x |
| Short | OKX COMP-USDT-SWAP | 22.950 | 0.0100 | get 0.0100% / 8h | 4h 23m | $1.7M | $2.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.35
- Price spread: +0.306% → −0.007%
- $31.26
- Slippage, 4 orders
- −$59.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$45.13
- Costs to cover
- 0.817%
- Break-even
- 66.1 days
Slippage from BloFin: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago | 2.19 bp | 8.2 bp −$8 | 25.3 bp −$253 | 301.7 bp −$30.2K | doesn't fit |
| Sell OKX live order book, 3 min ago | 4.37 bp | 23.2 bp −$23 | 847.7 bp −$8,477 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0621% | 1h | 22.930 | +0.219% | $335 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0183% | 1h | 22.958 | +0.339% | $227K | $93K | 20x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.916 | +0.156% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0022% | 1h | 22.890 | +0.044% | $1K | $13K | 12x | as long as short |
| BloFin COMP-USDTlong | +0.0075% | 8h | 22.880 | long leg | $241K | $166K | 20x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.953 | +0.319% | $880K | $350K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.943 | +0.277% | $4.3M | $6.6M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.940 | +0.262% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAPshort | +0.0100% | 8h | 22.950 | +0.306% | $1.7M | $2.2M | 20x | |
| Gate COMP_USDT | +0.0100% | 8h | 22.910 | +0.131% | $226K | $52K | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC COMP_USDT | +0.0100% | 8h | 22.930 | +0.219% | $2.5M | $828K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.930 | +0.219% | $462K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.950 | +0.306% | $1.9M | $614K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.930 | +0.219% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.856 | −0.106% | $15K | $29K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0544% | 1h | 22.960 | +0.350% | $18K | $45K | 25x | as long as short |
BloFin COMP-USDT
OKX COMP-USDT-SWAP
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
Injective COMP/USDC PERP
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
Gate COMP_USDT
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX