Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0183%/8h= +20.0% APRpaid last 24h +0.030%

Price spread now: Bitget against dYdX−0.131%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Bitget is 0.131% cheaper against dYdX than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.4 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX COMP-USD	22.960	−0.0083	get 0.0010% / 1h	22m 40s	$70K	—	5x
Short	Bitget COMPUSDT	22.930	0.0100	get 0.0100% / 8h	5h 22m	$1.9M	$620K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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 dYdXbpFee BitgetbpOrdersPrice spread, now −0.131%Rate

Funding earned: $38.44
Price spread: −0.131% → 0.000%: −$13.07
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $3.38
Costs to cover: 0.220%
Break-even: 6.4 days

Slippage unknown: dYdX: no order-book sample; Bitget: 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 dYdX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	4.37 bp	25.8 bp −$26	60.7 bp −$607	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit COMP_USDC-PERPETUAL	−0.0622%	1h	22.910	−0.218%	$334	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0546%	1h	22.957	−0.015%	$230K	$89K	20x	as long as short
dYdX COMP-USDlong	−0.0083%	1h	22.960	long leg	$70K	—	5x
BloFin COMP-USDT	+0.0073%	8h	22.930	−0.131%	$241K	$167K	20x	as long as short
MEXC COMP_USDT	+0.0088%	8h	22.920	−0.174%	$2.6M	$812K	20x	as long as short
Binance COMPUSDT	+0.0089%	8h	22.940	−0.087%	$4.3M	$6.7M	75x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.931	−0.126%	$881K	$359K	5x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.940	−0.087%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.940	−0.087%	$1.7M	$2.1M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.930	−0.131%	$227K	$57K	25x	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	22.940	−0.087%	$461K	$89K	30x	as long as short
Bitget COMPUSDTshort	+0.0100%	8h	22.930	−0.131%	$1.9M	$620K	75x
BingX COMP-USDT	+0.0100%	8h	22.940	−0.087%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.885	−0.325%	$15K	$29K	—	as long as short
Injective COMP/USDC PERP	+0.0488%	1h	22.820	−0.610%	$1K	$13K	12x	as long as short
Coinbase International COMP-PERP-INTX	+0.0584%	1h	22.980	+0.087%	$18K	$44K	25x	as long as short