Funding arb · Price arb /

COMP

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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: KuCoin against Gate−0.044%7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$447as in the Funding arb table

Net, price: spread back to 7d avg − costs−$456as in the Price arb table

costs, in and out, $10k−$4474.467% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.044%, 7d avg +0.046%

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: KuCoin is 0.089% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COMP_USDT	22.840	0.0100	pay 0.0100% / 8h	6h 20m	$224K	$57K	25x
Short	KuCoin COMPUSDTM	22.830	0.0100	get 0.0100% / 8h	6h 20m	$459K	$89K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → +0.046%: −$8.95
Slippage, 4 orders: −$419.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$455.65
Costs to cover: 4.467%
Break-even: never at this rate

Slippage from Gate: live order book, 41 min ago; KuCoin: live order book, 17 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 Gate live order book, 41 min ago	6.61 bp	68.8 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 17 min ago	8.83 bp	173.4 bp −$173	doesn't fit	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	−0.263%	$333	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0620%	1h	22.816	−0.104%	$229K	$89K	20x	as long as short
dYdX COMP-USD	−0.0007%	1h	22.796	−0.194%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.620	−0.963%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.768	−0.315%	$875K	$362K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.760	−0.350%	$4.3M	$6.8M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.780	−0.263%	$3.9M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.750	−0.394%	$1.6M	$2.1M	20x	as long as short
Gate COMP_USDTlong	+0.0100%	8h	22.840	long leg	$224K	$57K	25x
MEXC COMP_USDT	+0.0100%	8h	22.780	−0.263%	$2.6M	$819K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTMshort	+0.0100%	8h	22.830	−0.044%	$459K	$89K	30x
Bitget COMPUSDT	+0.0100%	8h	22.760	−0.350%	$1.9M	$625K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.800	−0.175%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.796	−0.194%	$15K	$29K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0232%	1h	22.930	+0.394%	$18K	$45K	25x	as long as short