Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against BingX−0.220%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days+0.229%+$23 · spread now −0.220%, 7d avg −0.020%

Together, before fees+0.246%+$25 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: MEXC is 0.200% cheaper against BingX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX COMP-USDT	22.740	0.0100	pay 0.0100% / 8h	6h 09m	—	$34.7M	—
Short	MEXC COMP_USDT	22.690	0.0100	get 0.0100% / 8h	6h 09m	$2.6M	$820K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.220%Rate

Funding earned: $0
Price spread: −0.220% → −0.020%: −$19.98
Slippage, 4 orders: −$41.22
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$75.2
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 2 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 BingX live order book, 14 min ago	4.37 bp	20.8 bp −$21	47.0 bp −$470	393.1 bp −$39.3K	522.8 bp −$261.4K
Sell MEXC live order book, 2 min ago	2.20 bp	8.1 bp −$8	19.7 bp −$197	176.5 bp −$17.7K	doesn't fit

COMP on 15 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	−0.0630%	1h	22.720	−0.088%	$332	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0621%	1h	22.759	+0.086%	$228K	$88K	20x	as long as short
dYdX COMP-USD	−0.0005%	1h	22.800	+0.264%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.620	−0.528%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.716	−0.106%	$872K	$359K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.705	−0.156%	$4.3M	$6.8M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.747	+0.031%	$3.9M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.700	−0.176%	$1.6M	$2.0M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.760	+0.088%	$223K	$57K	25x	as long as short
MEXC COMP_USDTshort	+0.0100%	8h	22.690	−0.220%	$2.6M	$820K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.760	+0.088%	$457K	$89K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.710	−0.132%	$1.9M	$626K	75x	as long as short
BingX COMP-USDTlong	+0.0100%	8h	22.740	long leg	—	$34.7M	—
Variational Omni COMP	+0.0100%	8h	22.776	+0.158%	$15K	$29K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0232%	1h	22.930	+0.836%	$18K	$45K	25x	as long as short