Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.087%

Price spread now: Coinbase International against KuCoin+0.967%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 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 +$9 a day on $10k at the current rate, and Coinbase International is 0.967% dearer against KuCoin than usual: you sell high and buy low: +$97 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	KuCoin COMPUSDTM	22.760	0.0100	pay 0.0100% / 8h	3h 31m	$460K	$87K	30x
Short	Coinbase International COMP-PERP-INTX	22.980	0.0408	get 0.0051% / 1h	31m 15s	$18K	$44K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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 KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.967%Rate

Funding earned: $64.68
Price spread: +0.967% → 0.000%: $96.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $139.34
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 42 min ago; Coinbase International: no order-book sample. 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 KuCoin live order book, 42 min ago	6.53 bp	196.5 bp −$196	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International no order-book sample	—	—	—	—	—

Coinbase International: 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	−0.0282%	1h	22.814	+0.237%	$226K	$94K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0189%	1h	22.780	+0.088%	$333	$327	50x	as long as short
dYdX COMP-USD	0.0000%	1h	22.770	+0.044%	$69K	—	5x	as long as short
BloFin COMP-USDT	+0.0089%	8h	22.750	−0.044%	$243K	$175K	20x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.794	+0.149%	$873K	$346K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.788	+0.122%	$4.3M	$6.3M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.790	+0.132%	$3.9M	$1.7M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.810	+0.220%	$1.7M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.760	0.000%	$222K	$54K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.790	+0.132%	$2.5M	$814K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTMlong	+0.0100%	8h	22.760	long leg	$460K	$87K	30x
Bitget COMPUSDT	+0.0100%	8h	22.780	+0.088%	$1.9M	$575K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.800	+0.176%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.776	+0.070%	$14K	$30K	—	as long as short
Coinbase International COMP-PERP-INTXshort	+0.0408%	1h	22.980	+0.967%	$18K	$44K	25x
Injective COMP/USDC PERP	+0.0542%	1h	22.820	+0.264%	$1K	$13K	12x	as long as short