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: KuCoin against Binance+0.008%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$450as in the Funding arb table

Net, price: spread back to 7d avg − costs−$455as in the Price arb table

costs, in and out, $10k−$4524.516% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.008%, 7d avg +0.043%

Together, before fees−0.042%−$4 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 0.035% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COMPUSDT	22.478	0.0100	pay 0.0100% / 8h	1h 20m	$4.2M	$7.2M	75x
Short	KuCoin COMPUSDTM	22.480	0.0100	get 0.0100% / 8h	1h 20m	$454K	$94K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.043%: −$3.53
Slippage, 4 orders: −$429.64
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$455.17
Costs to cover: 4.516%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 51 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 Binance live order book, 3 min ago	2.23 bp	17.6 bp −$18	53.7 bp −$537	doesn't fit	doesn't fit
Sell KuCoin live order book, 51 min ago	13.40 bp	213.9 bp −$214	doesn't fit	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
Kraken Futures PF_COMPUSD	−0.0858%	1h	22.529	+0.227%	$237K	$62K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0639%	1h	22.480	+0.008%	$328	$327	50x	as long as short
Injective COMP/USDC PERP	−0.0449%	1h	22.340	−0.615%	$2K	$13K	12x	as long as short
dYdX COMP-USD	0.0000%	1h	22.487	+0.040%	$68K	—	5x	as long as short
Coinbase International COMP-PERP-INTX	+0.0040%	1h	22.520	+0.186%	$18K	$53K	25x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.503	+0.112%	$845K	$493K	5x	as long as short
Binance COMPUSDTlong	+0.0100%	8h	22.478	long leg	$4.2M	$7.2M	75x
Bybit COMPUSDT	+0.0100%	8h	22.478	−0.001%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.480	+0.008%	$1.6M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.460	−0.081%	$220K	$78K	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_USDT	+0.0100%	8h	22.470	−0.037%	$2.7M	$844K	20x	as long as short
KuCoin COMPUSDTMshort	+0.0100%	8h	22.480	+0.008%	$454K	$94K	30x
Bitget COMPUSDT	+0.0100%	8h	22.470	−0.037%	$1.9M	$673K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.470	−0.037%	—	$36.4M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.412	−0.294%	$15K	$37K	—	as long as short
BloFin COMP-USDT	+0.0115%	8h	22.480	+0.008%	$237K	$149K	20x	as long as short