Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.090%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$594as in the Funding arb table

Net, price: spread back to 7d avg − costs−$591as in the Price arb table

costs, in and out, $10k−$5965.958% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.236%−$24 · spread now +0.090%, 7d avg +0.042%

Together, before fees−0.221%−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.048% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COMPUSDT	22.280	0.0100	pay 0.0100% / 8h	2h 52m	$4.2M	$8.3M	75x
Short	KuCoin COMPUSDTM	22.300	0.0100	get 0.0100% / 8h	2h 52m	$451K	$112K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.090%Rate

Funding earned: $0
Price spread: +0.090% → +0.042%: $4.75
Slippage, 4 orders: −$573.81
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$591.06
Costs to cover: 5.958%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 29 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 Binance live order book, 2 min ago	2.24 bp	16.6 bp −$17	54.2 bp −$542	doesn't fit	doesn't fit
Sell KuCoin live order book, 29 min ago	26.79 bp	265.6 bp −$266	doesn't fit	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
Injective COMP/USDC PERP	−0.1289%	1h	22.070	−0.943%	$4K	$12K	12x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.1095%	1h	22.280	0.000%	$227	$229	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0851%	1h	22.318	+0.172%	$235K	$85K	20x	as long as short
Coinbase International COMP-PERP-INTX	−0.0024%	1h	22.390	+0.494%	$18K	$53K	25x	as long as short
dYdX COMP-USD	0.0000%	1h	22.300	+0.090%	$68K	—	5x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.296	+0.072%	$838K	$541K	5x	as long as short
Binance COMPUSDTlong	+0.0100%	8h	22.280	long leg	$4.2M	$8.3M	75x
Bybit COMPUSDT	+0.0100%	8h	22.270	−0.045%	$3.8M	$2.2M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.280	0.000%	$1.6M	$2.4M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.280	0.000%	$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	22.290	+0.045%	$2.8M	$800K	20x	as long as short
KuCoin COMPUSDTMshort	+0.0100%	8h	22.300	+0.090%	$451K	$112K	30x
Bitget COMPUSDT	+0.0100%	8h	22.270	−0.045%	$1.9M	$773K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.290	+0.045%	—	$36.3M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.275	−0.023%	$15K	$39K	—	as long as short
BloFin COMP-USDT	+0.0116%	8h	22.270	−0.045%	$238K	$155K	20x	as long as short