Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against OKX−0.016%7-day average — · you buy dearer than you sell

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

Long on OKX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COMP-USDT-SWAP	22.660	0.0100	pay 0.0100% / 8h	7h 32m	$1.6M	$2.1M	20x
Short	dYdX COMP-USD	22.656	0	get 0.0000% / 1h	32m 30s	$69K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$21
Price spread: −0.016% → 0.000%: −$1.6
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$42.6
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 min ago; dYdX: 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, 4 min ago	2.21 bp	22.7 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Deribit COMP_USDC-PERPETUAL	−0.1073%	1h	22.650	−0.044%	$331	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0679%	1h	22.693	+0.146%	$228K	$91K	20x	as long as short
dYdX COMP-USDshort	0.0000%	1h	22.656	−0.016%	$69K	—	5x
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−1.412%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.684	+0.106%	$862K	$415K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.655	−0.022%	$4.2M	$6.9M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.670	+0.044%	$3.8M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAPlong	+0.0100%	8h	22.660	long leg	$1.6M	$2.1M	20x
Gate COMP_USDT	+0.0100%	8h	22.640	−0.088%	$221K	$63K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.660	0.000%	$2.8M	$791K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.690	+0.132%	$458K	$91K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.670	+0.044%	$1.9M	$616K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.670	+0.044%	—	$36.0M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.651	−0.038%	$15K	$31K	—	as long as short
BloFin COMP-USDT	+0.0109%	8h	22.670	+0.044%	$236K	$158K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0200%	1h	22.710	+0.221%	$17K	$50K	25x	as long as short