Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0732%/8h= +80.2% APRpaid last 24h +0.179%

Price spread now: OKX against Deribit0.000%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 OKX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$22 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit COMP_USDC-PERPETUAL	22.650	−0.0632	get 0.0079% / 1h	32m 53s	$331	$327	50x
Short	OKX COMP-USDT-SWAP	22.650	0.0100	get 0.0100% / 8h	32m 53s	$1.6M	$2.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $153.77
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: $136.77
Costs to cover: 0.170%
Break-even: 0.8 days

Slippage unknown: Deribit: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	2.21 bp	20.0 bp −$20	797.3 bp −$7,973	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
Kraken Futures PF_COMPUSD	−0.0721%	1h	22.679	+0.127%	$239K	$62K	20x	as long as short
Deribit COMP_USDC-PERPETUALlong	−0.0632%	1h	22.650	long leg	$331	$327	50x
dYdX COMP-USD	0.0000%	1h	22.650	0.000%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−1.369%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.664	+0.062%	$850K	$490K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.650	0.000%	$4.3M	$7.2M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.650	0.000%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAPshort	+0.0100%	8h	22.650	0.000%	$1.6M	$2.2M	20x
Gate COMP_USDT	+0.0100%	8h	22.610	−0.177%	$221K	$70K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.650	0.000%	$2.8M	$843K	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	22.660	+0.044%	$457K	$94K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.650	0.000%	$1.9M	$647K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.630	−0.088%	—	$36.0M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.612	−0.166%	$15K	$31K	—	as long as short
BloFin COMP-USDT	+0.0104%	8h	22.600	−0.221%	$237K	$149K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0136%	1h	22.730	+0.353%	$17K	$54K	25x	as long as short