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: Binance against Bybit−0.123%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1061.063% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.097%+$10 · spread now −0.123%, 7d avg −0.018%

Together, before fees+0.083%+$8 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: Binance is 0.105% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COMPUSDT	22.610	0.0100	pay 0.0100% / 8h	3h 08m	$3.9M	$1.7M	75x
Short	Binance COMPUSDT	22.582	0.0100	get 0.0100% / 8h	3h 08m	$4.3M	$6.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.123%Rate

Funding earned: $0
Price spread: −0.123% → −0.018%: −$10.49
Slippage, 4 orders: −$85.29
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$116.78
Costs to cover: 1.063%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 15 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 Bybit live order book, 4 min ago	4.42 bp	35.8 bp −$36	82.3 bp −$823	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	2.21 bp	18.0 bp −$18	55.5 bp −$555	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	−0.0635%	1h	22.580	−0.133%	$330	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0285%	1h	22.611	+0.004%	$224K	$94K	20x	as long as short
dYdX COMP-USD	0.0000%	1h	22.656	+0.202%	$69K	—	5x	as long as short
BloFin COMP-USDT	+0.0098%	8h	22.570	−0.177%	$241K	$174K	20x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.600	−0.044%	$865K	$344K	5x	as long as short
Binance COMPUSDTshort	+0.0100%	8h	22.582	−0.123%	$4.3M	$6.3M	75x
Bybit COMPUSDTlong	+0.0100%	8h	22.610	long leg	$3.9M	$1.7M	75x
OKX COMP-USDT-SWAP	+0.0100%	8h	22.600	−0.044%	$1.7M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.640	+0.133%	$220K	$55K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.580	−0.133%	$2.5M	$815K	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	22.640	+0.133%	$458K	$87K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.610	0.000%	$1.9M	$575K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.610	0.000%	—	$34.6M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.636	+0.114%	$14K	$30K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0408%	1h	22.980	+1.636%	$18K	$44K	25x	as long as short
Injective COMP/USDC PERP	+0.0542%	1h	22.820	+0.929%	$1K	$13K	12x	as long as short