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: Bybit against Bitget−0.090%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1201.199% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.090%, 7d avg +0.054%

Together, before fees+0.123%+$12 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: Bybit is 0.144% cheaper against Bitget than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COMPUSDT	22.290	0.0100	pay 0.0100% / 8h	2h 56m	$1.9M	$771K	75x
Short	Bybit COMPUSDT	22.270	0.0100	get 0.0100% / 8h	2h 56m	$3.8M	$2.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → +0.054%: −$14.36
Slippage, 4 orders: −$96.91
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$134.27
Costs to cover: 1.199%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 6 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 Bitget live order book, 5 min ago	4.48 bp	25.9 bp −$26	58.8 bp −$588	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	2.24 bp	33.0 bp −$33	79.9 bp −$799	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
Injective COMP/USDC PERP	−0.1289%	1h	22.260	−0.135%	$4K	$12K	12x	as long as short
Kraken Futures PF_COMPUSD	−0.0850%	1h	22.324	+0.152%	$235K	$85K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0199%	1h	22.280	−0.045%	$227	$229	50x	as long as short
Coinbase International COMP-PERP-INTX	−0.0024%	1h	22.320	+0.135%	$18K	$53K	25x	as long as short
dYdX COMP-USD	0.0000%	1h	22.270	−0.090%	$67K	—	5x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.307	+0.076%	$839K	$542K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.285	−0.023%	$4.2M	$8.3M	75x	as long as short
Bybit COMPUSDTshort	+0.0100%	8h	22.270	−0.090%	$3.8M	$2.2M	75x
OKX COMP-USDT-SWAP	+0.0100%	8h	22.280	−0.045%	$1.6M	$2.4M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.250	−0.179%	$219K	$82K	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	22.310	+0.090%	$2.9M	$799K	20x	as long as short
KuCoin COMPUSDTM	+0.0100%	8h	22.280	−0.045%	$451K	$112K	30x	as long as short
Bitget COMPUSDTlong	+0.0100%	8h	22.290	long leg	$1.9M	$771K	75x
BingX COMP-USDT	+0.0100%	8h	22.270	−0.090%	—	$36.3M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.320	+0.136%	$15K	$39K	—	as long as short
BloFin COMP-USDT	+0.0112%	8h	22.290	0.000%	$239K	$155K	20x	as long as short