Settings8H · net · $10k
Funding arb · Price arb /

COMP

all COMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0232%/8h= −25.4% APRnext payment $0.29 per $10,000 · paid last 24h −0.123%
Price spread now: dYdX against Coinbase International−1.352%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 1.352% cheaper against Coinbase International than usual: you would sell low and buy high (−$135 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International COMP-PERP-INTX22.9300.0232pay 0.0029% / 1h55m 09s$18K$46K25x
ShortdYdX COMP-USD22.6200get 0.0000% / 1h55m 09s$68K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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

Funding earned
−$48.72
Price spread: −1.352% → 0.000%
−$135.19
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$203.91
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell dYdX no order-book sample
Coinbase International and dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit COMP_USDC-PERPETUAL−0.0635%1h22.580−1.526%$330$32750xas long as short
Kraken Futures PF_COMPUSD−0.0625%1h22.612−1.385%$227K$90K20xas long as short
dYdX COMP-USDshort0.0000%1h22.620−1.352%$68K5x
Injective COMP/USDC PERP+0.0033%1h22.340−2.573%$2K$13K12xas long as short
BloFin COMP-USDT+0.0070%8h22.550−1.657%$238K$158K20xas long as short
Hyperliquid COMP+0.0100%1h22.596−1.457%$865K$419K5xas long as short
Binance COMPUSDT+0.0100%8h22.580−1.526%$4.3M$6.8M75xas long as short
Bybit COMPUSDT+0.0100%8h22.580−1.526%$3.8M$1.9M75xas long as short
OKX COMP-USDT-SWAP+0.0100%8h22.570−1.570%$1.6M$2.1M20xas long as short
Gate COMP_USDT+0.0100%8h22.610−1.396%$220K$53K25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC COMP_USDT+0.0100%8h22.590−1.483%$2.6M$814K20xas long as short
KuCoin COMPUSDTM+0.0100%8h22.610−1.396%$454K$92K30xas long as short
Bitget COMPUSDT+0.0100%8h22.560−1.614%$1.9M$620K75xas long as short
BingX COMP-USDT+0.0100%8h22.610−1.396%$34.7Mas long as short
Variational Omni COMP+0.0100%8h22.591−1.476%$15K$31Kas long as short
Coinbase International COMP-PERP-INTXlong+0.0232%1h22.930long leg$18K$46K25x