Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Gate0.000%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$425as in the Funding arb table

Net, price: spread back to 7d avg − costs−$430as in the Price arb table

costs, in and out, $10k−$4254.255% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now 0.000%, 7d avg +0.045%

Together, before fees−0.049%−$5 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: KuCoin is 0.045% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COMP_USDT	22.790	0.0100	pay 0.0100% / 8h	5h 44m	$223K	$55K	25x
Short	KuCoin COMPUSDTM	22.790	0.0100	get 0.0100% / 8h	5h 44m	$458K	$89K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.045%: −$4.46
Slippage, 4 orders: −$398.48
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$429.95
Costs to cover: 4.255%
Break-even: never at this rate

Slippage from Gate: live order book, 12 min ago; KuCoin: live order book, 53 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, 12 min ago	6.60 bp	56.7 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 53 min ago	8.83 bp	173.4 bp −$173	doesn't fit	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	−0.0549%	1h	22.825	+0.155%	$229K	$88K	20x	as long as short
dYdX COMP-USD	−0.0205%	1h	22.800	+0.044%	$69K	—	5x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0188%	1h	22.820	+0.132%	$333	$327	50x	as long as short
BloFin COMP-USDT	+0.0052%	8h	22.710	−0.351%	—	$167K	20x	as long as short
MEXC COMP_USDT	+0.0071%	8h	22.800	+0.044%	$2.6M	$807K	20x	as long as short
Binance COMPUSDT	+0.0071%	8h	22.800	+0.044%	$4.3M	$6.7M	75x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.820	+0.132%	$877K	$360K	5x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.836	+0.202%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.810	+0.088%	$1.6M	$2.0M	20x	as long as short
Gate COMP_USDTlong	+0.0100%	8h	22.790	long leg	$223K	$55K	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTMshort	+0.0100%	8h	22.790	0.000%	$458K	$89K	30x
Bitget COMPUSDT	+0.0100%	8h	22.810	+0.088%	$1.9M	$609K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.790	0.000%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.731	−0.259%	$15K	$29K	—	as long as short
Injective COMP/USDC PERP	+0.0488%	1h	22.620	−0.746%	$2K	$13K	12x	as long as short
Coinbase International COMP-PERP-INTX	+0.0584%	1h	22.930	+0.614%	$18K	$45K	25x	as long as short