Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.098%

Price spread now: Coinbase International against BingX+0.486%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.486% dearer against BingX than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX COMP-USDT	22.620	0.0100	pay 0.0100% / 8h	37m 11s	—	$36.0M	—
Short	Coinbase International COMP-PERP-INTX	22.730	0.0136	get 0.0017% / 1h	37m 11s	$17K	$54K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.486%Rate

Funding earned: $7.56
Price spread: +0.486% → 0.000%: $48.63
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $36.19
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: BingX: live order book, 2 min ago; Coinbase International: 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 BingX live order book, 2 min ago	6.63 bp	19.2 bp −$19	45.2 bp −$452	384.8 bp −$38.5K	531.1 bp −$265.5K
Sell Coinbase International no order-book sample	—	—	—	—	—

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
Kraken Futures PF_COMPUSD	−0.0722%	1h	22.648	+0.124%	$238K	$62K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0633%	1h	22.630	+0.044%	$330	$327	50x	as long as short
dYdX COMP-USD	0.0000%	1h	22.650	+0.133%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−1.238%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.654	+0.150%	$850K	$490K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.623	+0.013%	$4.2M	$7.2M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.631	+0.049%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.610	−0.044%	$1.6M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.610	−0.044%	$221K	$70K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.640	+0.088%	$2.8M	$843K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.660	+0.177%	$457K	$94K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.650	+0.133%	$1.9M	$650K	75x	as long as short
BingX COMP-USDTlong	+0.0100%	8h	22.620	long leg	—	$36.0M	—
Variational Omni COMP	+0.0100%	8h	22.647	+0.120%	$15K	$31K	—	as long as short
BloFin COMP-USDT	+0.0105%	8h	22.610	−0.044%	$238K	$149K	20x	as long as short
Coinbase International COMP-PERP-INTXshort	+0.0136%	1h	22.730	+0.486%	$17K	$54K	25x