Funding you earn now, next payment 20:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.119%
Price spread now: Hyperliquid against Coinbase International+0.608%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.608% dearer against Coinbase International than usual: you sell high and buy low (spread +0.608% now, against zero (this spread has no 7-day history yet)): +$61 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International COMP-PERP-INTX | 22.200 | 0.0176 | pay 0.0022% / 1h | 49m 17s | $17K | $39K | 25x |
| Short | Hyperliquid COMP | 22.335 | 0.0100 | get 0.0013% / 1h | 49m 17s | $844K | $545K | 5x |
Coinbase International COMP-PERP-INTX
Hyperliquid COMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Coinbase International. 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
- −$15.96
- Price spread: +0.608% → 0.000%
- $60.81
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $25.85
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Hyperliquid: live order book, 40 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 40 min ago | 1.13 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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 | −0.0645% | 1h | 22.320 | +0.541% | $228 | $229 | 50x | as long as short |
| Injective COMP/USDC PERP | −0.0471% | 1h | 22.310 | +0.495% | $5K | $11K | 12x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0411% | 1h | 22.355 | +0.699% | $211K | $62K | 20x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.360 | +0.721% | $68K | — | 5x | as long as short |
| Hyperliquid COMPshort | +0.0100% | 1h | 22.335 | +0.608% | $844K | $545K | 5x | |
| Binance COMPUSDT | +0.0100% | 8h | 22.320 | +0.541% | $4.2M | $8.3M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.319 | +0.536% | $3.8M | $2.2M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.310 | +0.495% | $1.6M | $2.3M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.320 | +0.541% | $222K | $88K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.320 | +0.541% | $2.9M | $821K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
Injective COMP/USDC PERP
Kraken Futures PF_COMPUSD
dYdX COMP-USD
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.350 | +0.676% | $461K | $109K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.330 | +0.586% | $1.9M | $771K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.330 | +0.586% | — | $36.3M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.310 | +0.496% | $15K | $39K | — | as long as short |
| BloFin COMP-USDT | +0.0118% | 8h | 22.320 | +0.541% | $242K | $159K | 20x | as long as short |
| Coinbase International COMP-PERP-INTXlong | +0.0176% | 1h | 22.200 | long leg | $17K | $39K | 25x |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT