Funding arb · Price arb /

COMP

all COMP markets

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: Binance against OKX+0.028%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$820.815% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.010%−$1 · spread now +0.028%, 7d avg +0.005%

Together, before fees−0.011%−$1 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 0.022% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COMP-USDT-SWAP	22.730	0.0100	pay 0.0100% / 8h	6h 10m	$1.6M	$2.0M	20x
Short	Binance COMPUSDT	22.736	0.0100	get 0.0100% / 8h	6h 10m	$4.3M	$6.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.005%: $2.21
Slippage, 4 orders: −$61.52
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$79.31
Costs to cover: 0.815%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 13 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 OKX live order book, 1 min ago	4.40 bp	26.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	2.19 bp	15.8 bp −$16	53.1 bp −$531	doesn't fit	doesn't fit

COMP on 15 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	−0.0627%	1h	22.780	+0.220%	$333	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0620%	1h	22.817	+0.383%	$229K	$88K	20x	as long as short
dYdX COMP-USD	−0.0005%	1h	22.800	+0.308%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.620	−0.484%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.743	+0.057%	$873K	$364K	5x	as long as short
Binance COMPUSDTshort	+0.0100%	8h	22.736	+0.028%	$4.3M	$6.8M	75x
Bybit COMPUSDT	+0.0100%	8h	22.768	+0.167%	$3.9M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAPlong	+0.0100%	8h	22.730	long leg	$1.6M	$2.0M	20x
Gate COMP_USDT	+0.0100%	8h	22.760	+0.132%	$223K	$57K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.750	+0.088%	$2.6M	$820K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.790	+0.264%	$458K	$89K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.740	+0.044%	$1.9M	$626K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.760	+0.132%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.776	+0.202%	$15K	$29K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0232%	1h	22.930	+0.880%	$18K	$45K	25x	as long as short