Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0740%/8h= −81.0% APRpaid last 24h −0.178%

Price spread now: Deribit against KuCoin−0.133%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Deribit

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

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Deribit is 0.133% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin COMPUSDTM	22.490	0.0100	pay 0.0100% / 8h	1h 11m	$454K	$94K	30x
Short	Deribit COMP_USDC-PERPETUAL	22.460	−0.0640	pay 0.0080% / 1h	11m 20s	$328	$327	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.133%Rate

Funding earned: −$155.33
Price spread: −0.133% → 0.000%: −$13.34
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$187.67
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 61 min ago; Deribit: 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, 61 min ago	13.40 bp	206.0 bp −$206	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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	−0.0859%	1h	22.495	+0.023%	$237K	$62K	20x	as long as short
Deribit COMP_USDC-PERPETUALshort	−0.0640%	1h	22.460	−0.133%	$328	$327	50x
Injective COMP/USDC PERP	−0.0449%	1h	22.340	−0.667%	$2K	$13K	12x	as long as short
dYdX COMP-USD	0.0000%	1h	22.487	−0.014%	$68K	—	5x	as long as short
Coinbase International COMP-PERP-INTX	+0.0040%	1h	22.520	+0.133%	$18K	$53K	25x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.474	−0.071%	$844K	$493K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.448	−0.185%	$4.2M	$7.2M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.460	−0.133%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.460	−0.133%	$1.6M	$2.1M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.450	−0.178%	$220K	$78K	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC COMP_USDT	+0.0100%	8h	22.450	−0.178%	$2.7M	$845K	20x	as long as short
KuCoin COMPUSDTMlong	+0.0100%	8h	22.490	long leg	$454K	$94K	30x
Bitget COMPUSDT	+0.0100%	8h	22.450	−0.178%	$1.9M	$672K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.460	−0.133%	—	$36.0M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.432	−0.257%	$15K	$37K	—	as long as short
BloFin COMP-USDT	+0.0114%	8h	22.470	−0.089%	$236K	$149K	20x	as long as short