Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.130%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$2042.044% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.130%, 7d avg +0.002%

Together, before fees−0.145%−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.128% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COMP_USDT	22.410	0.0100	pay 0.0100% / 8h	1h 24m	$219K	$78K	25x
Short	Binance COMPUSDT	22.439	0.0100	get 0.0100% / 8h	1h 24m	$4.2M	$7.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.130%Rate

Funding earned: $0
Price spread: +0.130% → +0.002%: $12.82
Slippage, 4 orders: −$179.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$191.54
Costs to cover: 2.044%
Break-even: never at this rate

Slippage from Gate: live order book, 52 min ago; Binance: live order book, 14 min ago.

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 Gate live order book, 52 min ago	11.16 bp	67.8 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.23 bp	15.8 bp −$16	49.5 bp −$495	doesn't fit	doesn't fit

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	−0.0860%	1h	22.474	+0.287%	$236K	$62K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0641%	1h	22.420	+0.045%	$327	$327	50x	as long as short
Injective COMP/USDC PERP	−0.0449%	1h	22.340	−0.312%	$2K	$13K	12x	as long as short
dYdX COMP-USD	0.0000%	1h	22.436	+0.117%	$68K	—	5x	as long as short
Coinbase International COMP-PERP-INTX	+0.0040%	1h	22.460	+0.223%	$18K	$53K	25x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.476	+0.295%	$844K	$493K	5x	as long as short
Binance COMPUSDTshort	+0.0100%	8h	22.439	+0.130%	$4.2M	$7.2M	75x
Bybit COMPUSDT	+0.0100%	8h	22.438	+0.125%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.450	+0.178%	$1.6M	$2.2M	20x	as long as short
Gate COMP_USDTlong	+0.0100%	8h	22.410	long leg	$219K	$78K	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC COMP_USDT	+0.0100%	8h	22.420	+0.045%	$2.7M	$844K	20x	as long as short
KuCoin COMPUSDTM	+0.0100%	8h	22.440	+0.134%	$453K	$94K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.440	+0.134%	$1.9M	$674K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.420	+0.045%	—	$36.4M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.412	+0.010%	$15K	$37K	—	as long as short
BloFin COMP-USDT	+0.0103%	8h	22.380	−0.134%	$237K	$148K	20x	as long as short