Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1195%/8h= +130.9% APRpaid last 24h +0.170%

Price spread now: KuCoin against Deribit+0.135%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 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 +$36 a day on $10k at the current rate, and KuCoin is 0.135% dearer against Deribit than usual: you sell high and buy low: +$13 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	Deribit COMP_USDC-PERPETUAL	22.270	−0.1095	get 0.0137% / 1h	43m 57s	$227	$229	50x
Short	KuCoin COMPUSDTM	22.300	0.0100	get 0.0100% / 8h	2h 43m	$451K	$112K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Deribit. 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 DeribitbpFee KuCoinbpOrdersPrice spread, now +0.135%Rate

Funding earned: $251.01
Price spread: +0.135% → 0.000%: $13.47
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $245.48
Costs to cover: 0.190%
Break-even: 0.2 days

Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 38 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 38 min ago	26.79 bp	265.6 bp −$266	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
Injective COMP/USDC PERP	−0.1289%	1h	22.300	+0.135%	$4K	$12K	12x	as long as short
Deribit COMP_USDC-PERPETUALlong	−0.1095%	1h	22.270	long leg	$227	$229	50x
Kraken Futures PF_COMPUSD	−0.0851%	1h	22.315	+0.202%	$235K	$85K	20x	as long as short
Coinbase International COMP-PERP-INTX	−0.0024%	1h	22.390	+0.539%	$18K	$53K	25x	as long as short
dYdX COMP-USD	0.0000%	1h	22.300	+0.135%	$68K	—	5x	as long as short
BloFin COMP-USDT	+0.0093%	8h	22.260	−0.045%	$238K	$155K	20x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.294	+0.110%	$838K	$542K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.288	+0.081%	$4.2M	$8.1M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.272	+0.009%	$3.8M	$2.2M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.280	+0.045%	$1.6M	$2.3M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate COMP_USDT	+0.0100%	8h	22.280	+0.045%	$218K	$83K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.300	+0.135%	$2.7M	$840K	20x	as long as short
KuCoin COMPUSDTMshort	+0.0100%	8h	22.300	+0.135%	$451K	$112K	30x
Bitget COMPUSDT	+0.0100%	8h	22.290	+0.090%	$1.9M	$770K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.270	0.000%	—	$36.3M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.270	+0.001%	$15K	$37K	—	as long as short