COMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against MEXC+0.087%94s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as 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−$490.493% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.087%, 7d avg +0.015%

Together, before fees−0.015%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.072% dearer against MEXC than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.015%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (0.000% in total) that is about years. The two prices were read 94 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	MEXC COMP_USDT	22.920	0.0100	pay 0.0100% / 8h	4h 21m	$2.5M	$828K	20x
Short	BloFin COMP-USDT	22.940	0.0072	get 0.0072% / 8h	4h 21m	$243K	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$5.93
Price spread: +0.087% → +0.015%: $7.25
Slippage, 4 orders: −$33.3
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$47.98
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from MEXC: live order book, just now; BloFin: live order book, 10 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 MEXC live order book, just now	2.18 bp	8.1 bp −$8	18.6 bp −$186	164.7 bp −$16.5K	doesn't fit
Sell BloFin live order book, 10 min ago	2.19 bp	24.7 bp −$25	48.6 bp −$486	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	−0.0622%	1h	22.920	0.000%	$335	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0183%	1h	22.955	+0.151%	$227K	$93K	20x	as long as short
dYdX COMP-USD	0.0000%	1h	22.936	+0.068%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0022%	1h	22.890	−0.131%	$1K	$13K	12x	as long as short
BloFin COMP-USDTshort	+0.0072%	8h	22.940	+0.087%	$243K	$166K	20x
Hyperliquid COMP	+0.0100%	1h	22.947	+0.118%	$880K	$350K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.918	−0.010%	$4.3M	$6.6M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.950	+0.131%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.960	+0.175%	$1.7M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.920	0.000%	$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_USDTlong	+0.0100%	8h	22.920	long leg	$2.5M	$828K	20x
KuCoin COMPUSDTM	+0.0100%	8h	22.950	+0.131%	$462K	$89K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.940	+0.087%	$1.9M	$602K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.930	+0.044%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.856	−0.280%	$15K	$29K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0544%	1h	22.960	+0.175%	$18K	$45K	25x	as long as short