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 MEXC−0.045%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$500.501% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.079%+$8 · spread now −0.045%, 7d avg +0.008%

Together, before fees+0.078%+$8 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 0.053% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COMP_USDT	22.370	0.0100	pay 0.0100% / 8h	2h 13m	$2.7M	$862K	20x
Short	Binance COMPUSDT	22.360	0.0100	get 0.0100% / 8h	2h 13m	$4.2M	$7.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → +0.008%: −$5.28
Slippage, 4 orders: −$36.11
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$55.4
Costs to cover: 0.501%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 11 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 MEXC live order book, 4 min ago	2.23 bp	8.4 bp −$8	19.7 bp −$197	176.6 bp −$17.7K	doesn't fit
Sell Binance live order book, 11 min ago	2.22 bp	17.9 bp −$18	54.4 bp −$544	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
Deribit COMP_USDC-PERPETUAL	−0.1536%	1h	22.360	−0.045%	$326	$327	50x	as long as short
Injective COMP/USDC PERP	−0.1289%	1h	22.200	−0.760%	$3K	$12K	12x	as long as short
Kraken Futures PF_COMPUSD	−0.0847%	1h	22.407	+0.165%	$236K	$84K	20x	as long as short
Coinbase International COMP-PERP-INTX	−0.0024%	1h	22.530	+0.715%	$18K	$53K	25x	as long as short
dYdX COMP-USD	0.0000%	1h	22.410	+0.179%	$68K	—	5x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.381	+0.049%	$839K	$519K	5x	as long as short
Binance COMPUSDTshort	+0.0100%	8h	22.360	−0.045%	$4.2M	$7.9M	75x
Bybit COMPUSDT	+0.0100%	8h	22.360	−0.045%	$3.8M	$2.1M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.360	−0.045%	$1.6M	$2.3M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.360	−0.045%	$219K	$83K	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_USDTlong	+0.0100%	8h	22.370	long leg	$2.7M	$862K	20x
KuCoin COMPUSDTM	+0.0100%	8h	22.410	+0.179%	$453K	$102K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.390	+0.089%	$1.9M	$753K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.400	+0.134%	—	$36.4M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.414	+0.197%	$15K	$37K	—	as long as short
BloFin COMP-USDT	+0.0122%	8h	22.340	−0.134%	$238K	$149K	20x	as long as short