Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0730%/8h= −79.9% APRpaid last 24h −0.184%

Price spread now: Deribit against OKX+0.176%7-day average — · you sell dearer than you buy

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

Long on OKX 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

The price spread pays, funding is against you. Deribit is 0.176% dearer against OKX than usual: you sell high and buy low (spread +0.176% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COMP-USDT-SWAP	22.680	0.0100	pay 0.0100% / 8h	6h 09m	$1.6M	$2.0M	20x
Short	Deribit COMP_USDC-PERPETUAL	22.720	−0.0630	pay 0.0079% / 1h	9m 38s	$332	$327	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.176%Rate

Funding earned: −$153.2
Price spread: +0.176% → 0.000%: $17.64
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$152.56
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	4.40 bp	26.5 bp −$27	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 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-PERPETUALshort	−0.0630%	1h	22.720	+0.176%	$332	$327	50x
Kraken Futures PF_COMPUSD	−0.0621%	1h	22.759	+0.350%	$228K	$88K	20x	as long as short
dYdX COMP-USD	−0.0005%	1h	22.776	+0.424%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.620	−0.265%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.716	+0.159%	$872K	$359K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.698	+0.078%	$4.3M	$6.8M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.731	+0.225%	$3.9M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAPlong	+0.0100%	8h	22.680	long leg	$1.6M	$2.0M	20x
Gate COMP_USDT	+0.0100%	8h	22.750	+0.309%	$223K	$57K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.700	+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	22.760	+0.353%	$457K	$89K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.690	+0.044%	$1.9M	$626K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.740	+0.265%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.776	+0.423%	$15K	$29K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0232%	1h	22.930	+1.102%	$18K	$45K	25x	as long as short