Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h +0.091%

Price spread now: Coinbase International against Bybit0.000%7-day average — · you sell dearer than you buy

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

Long on Bybit 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit COMPUSDT	22.980	0.0100	pay 0.0100% / 8h	5h 20m	$3.9M	$1.9M	75x
Short	Coinbase International COMP-PERP-INTX	22.980	0.0584	get 0.0073% / 1h	20m 09s	$18K	$44K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now 0.000%Rate

Funding earned: $101.64
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $80.64
Costs to cover: 0.210%
Break-even: 1.4 days

Slippage unknown: Bybit: 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 Bybit live order book, 2 min ago	4.36 bp	40.5 bp −$41	80.6 bp −$806	doesn't fit	doesn't fit
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	−0.0544%	1h	23.002	+0.097%	$231K	$89K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0185%	1h	22.970	−0.044%	$335	$327	50x	as long as short
dYdX COMP-USD	−0.0079%	1h	22.960	−0.087%	$70K	—	5x	as long as short
MEXC COMP_USDT	+0.0089%	8h	22.970	−0.044%	$2.6M	$814K	20x	as long as short
Binance COMPUSDT	+0.0091%	8h	22.962	−0.077%	$4.3M	$6.7M	75x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.967	−0.057%	$882K	$359K	5x	as long as short
Bybit COMPUSDTlong	+0.0100%	8h	22.980	long leg	$3.9M	$1.9M	75x
OKX COMP-USDT-SWAP	+0.0100%	8h	22.980	0.000%	$1.7M	$2.1M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.950	−0.131%	$227K	$57K	25x	as long as short
KuCoin COMPUSDTM	+0.0100%	8h	22.980	0.000%	$462K	$89K	30x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget COMPUSDT	+0.0100%	8h	22.960	−0.087%	$1.9M	$620K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.980	0.000%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.966	−0.062%	$15K	$29K	—	as long as short
BloFin COMP-USDT	+0.0102%	8h	22.950	−0.131%	$241K	$168K	20x	as long as short
Injective COMP/USDC PERP	+0.0488%	1h	22.820	−0.696%	$1K	$13K	12x	as long as short
Coinbase International COMP-PERP-INTXshort	+0.0584%	1h	22.980	0.000%	$18K	$44K	25x