COMP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0746%/8h= −81.7% APRnext payment −$0.93 per $10,000 · paid last 24h −0.170%

Price spread now: Deribit against Hyperliquid+0.022%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 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. Deribit is 0.022% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 2 hours. The two prices were read 50 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	Hyperliquid COMP	22.295	0.0100	pay 0.0013% / 1h	52m 28s	$838K	$541K	5x
Short	Deribit COMP_USDC-PERPETUAL	22.300	−0.0646	pay 0.0081% / 1h	52m 28s	$227	$229	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee DeribitbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$156.67
Price spread: +0.022% → 0.000%: $2.24
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$170.43
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 32 min ago; Deribit: no order-book sample. 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 Hyperliquid live order book, 32 min ago	2.23 bp	20.6 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Injective COMP/USDC PERP	−0.1289%	1h	22.070	−1.009%	$4K	$12K	12x	as long as short
Kraken Futures PF_COMPUSD	−0.0850%	1h	22.326	+0.140%	$235K	$85K	20x	as long as short
Deribit COMP_USDC-PERPETUALshort	−0.0646%	1h	22.300	+0.022%	$227	$229	50x
Coinbase International COMP-PERP-INTX	−0.0024%	1h	22.390	+0.426%	$18K	$53K	25x	as long as short
dYdX COMP-USD	0.0000%	1h	22.300	+0.022%	$68K	—	5x	as long as short
Hyperliquid COMPlong	+0.0100%	1h	22.295	long leg	$838K	$541K	5x
Binance COMPUSDT	+0.0100%	8h	22.280	−0.067%	$4.2M	$8.3M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.270	−0.112%	$3.8M	$2.2M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.280	−0.067%	$1.6M	$2.4M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.280	−0.067%	$218K	$83K	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	22.270	−0.112%	$2.8M	$800K	20x	as long as short
KuCoin COMPUSDTM	+0.0100%	8h	22.290	−0.022%	$451K	$112K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.260	−0.157%	$1.9M	$773K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.280	−0.067%	—	$36.3M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.275	−0.090%	$15K	$39K	—	as long as short
BloFin COMP-USDT	+0.0116%	8h	22.270	−0.112%	$238K	$155K	20x	as long as short