Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bybit+0.036%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1051.053% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.036%, 7d avg −0.040%
=The price spread pays, funding is against you. BloFin is 0.075% dearer against Bybit than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.040%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.014% in total) that is about 37 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COMPUSDT | 22.472 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $3.8M | $1.7M | 75x |
| Short | BloFin COMP-USDT | 22.480 | 0.0082 | get 0.0082% / 8h | 1h 32m | $236K | $177K | 20x |
Bybit COMPUSDT
BloFin COMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$3.73
- Price spread: +0.036% → −0.040%
- $7.53
- Slippage, 4 orders
- −$82.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.47
- Costs to cover
- 1.053%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 44 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 Bybit live order book, 5 min ago | 4.45 bp | 38.4 bp −$38 | 87.1 bp −$871 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 4.46 bp | 19.0 bp −$19 | 35.2 bp −$352 | 275.7 bp −$27.6K | 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 | −0.0639% | 1h | 22.480 | +0.036% | $216 | $439 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0383% | 1h | 22.517 | +0.198% | $223K | $95K | 20x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.490 | +0.080% | $68K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.820 | +1.549% | $1K | $13K | 12x | as long as short |
| BloFin COMP-USDTshort | +0.0082% | 8h | 22.480 | +0.036% | $236K | $177K | 20x | |
| MEXC COMP_USDT | +0.0084% | 8h | 22.470 | −0.009% | $2.6M | $818K | 20x | as long as short |
| Binance COMPUSDT | +0.0086% | 8h | 22.475 | +0.012% | $4.2M | $6.6M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.503 | +0.138% | $810K | $339K | 5x | as long as short |
| Bybit COMPUSDTlong | +0.0100% | 8h | 22.472 | long leg | $3.8M | $1.7M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.470 | −0.009% | $1.7M | $2.2M | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
Injective COMP/USDC PERP
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
OKX COMP-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate COMP_USDT | +0.0100% | 8h | 22.470 | −0.009% | $219K | $59K | 25x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.470 | −0.009% | $404K | $113K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.470 | −0.009% | $1.9M | $612K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.470 | −0.009% | — | $34.4M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.456 | −0.071% | $14K | $30K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0520% | 1h | 22.720 | +1.104% | $17K | $43K | 25x | as long as short |
Gate COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX