Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.089%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$281as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2832.832% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.089%, 7d avg +0.062%

Together, before fees−0.040%−$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 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COMPUSDT	22.470	0.0100	pay 0.0100% / 8h	7h 54m	$1.9M	$612K	75x
Short	KuCoin COMPUSDTM	22.490	0.0100	get 0.0100% / 8h	7h 54m	$406K	$112K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.089%Rate

Funding earned: $0
Price spread: +0.089% → +0.062%: $2.66
Slippage, 4 orders: −$259.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$280.51
Costs to cover: 2.832%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 39 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, 3 min ago	2.23 bp	27.8 bp −$28	59.7 bp −$597	doesn't fit	doesn't fit
Sell KuCoin live order book, 39 min ago	11.13 bp	129.3 bp −$129	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
Deribit COMP_USDC-PERPETUAL	−0.0640%	1h	22.450	−0.089%	$283	$507	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0475%	1h	22.498	+0.124%	$222K	$95K	20x	as long as short
dYdX COMP-USD	0.0000%	1h	22.467	−0.014%	$68K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.820	+1.558%	$1K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.501	+0.137%	$811K	$333K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.466	−0.020%	$4.2M	$6.6M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.484	+0.062%	$3.8M	$1.6M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.460	−0.045%	$1.7M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.480	+0.045%	$219K	$57K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.460	−0.045%	$2.6M	$818K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTMshort	+0.0100%	8h	22.490	+0.089%	$406K	$112K	30x
Bitget COMPUSDTlong	+0.0100%	8h	22.470	long leg	$1.9M	$612K	75x
BingX COMP-USDT	+0.0100%	8h	22.480	+0.045%	—	$14.1M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.471	+0.006%	$14K	$24K	—	as long as short
BloFin COMP-USDT	+0.0118%	8h	22.460	−0.045%	$235K	$177K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0792%	1h	22.680	+0.935%	$16K	$43K	25x	as long as short