Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate−0.044%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1471.470% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.044%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.028% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COMP_USDT | 22.780 | 0.0100 | pay 0.0100% / 8h | 5h 39m | $223K | $55K | 25x |
| Short | MEXC COMP_USDT | 22.770 | 0.0075 | get 0.0075% / 8h | 5h 39m | $2.6M | $807K | 20x |
Gate COMP_USDT
MEXC COMP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- −$5.25
- Price spread: −0.044% → −0.016%
- −$2.8
- Slippage, 4 orders
- −$127.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$155.03
- Costs to cover
- 1.470%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; MEXC: live order book, 8 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 Gate live order book, 17 min ago | 6.60 bp | 56.7 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 4.41 bp | 10.2 bp −$10 | 28.2 bp −$282 | 179.6 bp −$18.0K | 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 | −0.0626% | 1h | 22.810 | +0.132% | $333 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSD | −0.0548% | 1h | 22.841 | +0.269% | $229K | $88K | 20x | as long as short |
| dYdX COMP-USD | −0.0154% | 1h | 22.786 | +0.025% | $69K | — | 5x | as long as short |
| BloFin COMP-USDT | +0.0058% | 8h | 22.800 | +0.088% | $239K | $168K | 20x | as long as short |
| MEXC COMP_USDTshort | +0.0075% | 8h | 22.770 | −0.044% | $2.6M | $807K | 20x | |
| Binance COMPUSDT | +0.0077% | 8h | 22.770 | −0.044% | $4.3M | $6.7M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.798 | +0.079% | $876K | $359K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.780 | 0.000% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.770 | −0.044% | $1.6M | $2.0M | 20x | as long as short |
| Gate COMP_USDTlong | +0.0100% | 8h | 22.780 | long leg | $223K | $55K | 25x |
Deribit COMP_USDC-PERPETUAL
Kraken Futures PF_COMPUSD
dYdX COMP-USD
BloFin COMP-USDT
Binance COMPUSDT
Hyperliquid COMP
Bybit COMPUSDT
OKX COMP-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.810 | +0.132% | $458K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.760 | −0.088% | $1.9M | $612K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.790 | +0.044% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.831 | +0.222% | $15K | $29K | — | as long as short |
| Injective COMP/USDC PERP | +0.0488% | 1h | 22.820 | +0.176% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.930 | +0.658% | $18K | $45K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX