Settings8H · net · $10k
Funding arb · Price arb /

COMP

all COMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.003%
Price spread now: Gate against BloFin+0.089%48s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1781.785% of the position
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)−0.077%−$8 · spread now +0.089%, 7d avg +0.001%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.088% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COMP-USDT22.3800.0082pay 0.0082% / 8h2h 20m$238K$175K20x
ShortGate COMP_USDT22.4000.0100get 0.0100% / 8h2h 20m$220K$58K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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

Funding earned
$3.87
Price spread: +0.089% → +0.001%
$8.8
Slippage, 4 orders
−$151.49
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$165.82
Costs to cover
1.785%
Break-even
306.9 days
Slippage from BloFin: live order book, 61 min ago; Gate: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 61 min ago6.63 bp18.2 bp −$1835.7 bp −$357doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago4.46 bp83.5 bp −$84doesn't fitdoesn't fitdoesn't fit

COMP on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_COMPUSD−0.0532%1h22.457+0.344%$222K$95K20xas long as short
Deribit COMP_USDC-PERPETUAL−0.0195%1h22.440+0.268%$215$43950xas long as short
dYdX COMP-USD−0.0064%1h22.436+0.250%$68K5xas long as short
MEXC COMP_USDT+0.0055%8h22.420+0.179%$2.4M$779K20xas long as short
Binance COMPUSDT+0.0055%8h22.430+0.223%$4.2M$6.6M75xas long as short
BloFin COMP-USDTlong+0.0082%8h22.380long leg$238K$175K20x
Hyperliquid COMP+0.0100%1h22.455+0.335%$815K$372K5xas long as short
Bybit COMPUSDT+0.0100%8h22.436+0.250%$3.8M$1.7M75xas long as short
OKX COMP-USDT-SWAP+0.0100%8h22.440+0.268%$1.7M$2.2M20xas long as short
Gate COMP_USDTshort+0.0100%8h22.400+0.089%$220K$58K25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin COMPUSDTM+0.0100%8h22.430+0.223%$406K$111K30xas long as short
Bitget COMPUSDT+0.0100%8h22.420+0.179%$1.9M$599K75xas long as short
BingX COMP-USDT+0.0100%8h22.420+0.179%$34.4Mas long as short
Variational Omni COMP+0.0100%8h22.381+0.005%$14K$30Kas long as short
Injective COMP/USDC PERP+0.0239%1h22.820+1.966%$1K$13K12xas long as short
Coinbase International COMP-PERP-INTX+0.0384%1h22.980+2.681%$18K$44K25xas long as short