Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8hnext payment +$0.29 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against BloFin+0.135%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$319as in the Funding arb table

Net, price: spread back to 7d avg − costs−$311as in the Price arb table

costs, in and out, $10k−$3203.204% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.135%, 7d avg +0.037%

Together, before fees−0.059%−$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 KuCoin is 0.097% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin COMP-USDT	22.290	0.0071	pay 0.0071% / 8h	4h 05m	$242K	$158K	20x
Short	KuCoin COMPUSDTM	22.320	0.0100	get 0.0100% / 8h	4h 05m	$457K	$109K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.135%Rate

Funding earned: $6.15
Price spread: +0.135% → +0.037%: $9.73
Slippage, 4 orders: −$296.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$304.47
Costs to cover: 3.204%
Break-even: 353.3 days

Slippage from BloFin: live order book, 22 min ago; KuCoin: live order book, 21 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 BloFin live order book, 22 min ago	2.25 bp	18.7 bp −$19	40.4 bp −$404	338.0 bp −$33.8K	doesn't fit
Sell KuCoin live order book, 21 min ago	17.99 bp	174.9 bp −$175	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	−0.0646%	1h	22.290	0.000%	$227	$229	50x	as long as short
Injective COMP/USDC PERP	−0.0224%	1h	22.320	+0.135%	$5K	$38K	12x	as long as short
dYdX COMP-USD	0.0000%	1h	22.320	+0.135%	$68K	—	5x	as long as short
BloFin COMP-USDTlong	+0.0071%	8h	22.290	long leg	$242K	$158K	20x
Hyperliquid COMP	+0.0100%	1h	22.308	+0.081%	$843K	$563K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.280	−0.045%	$4.2M	$8.4M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.281	−0.040%	$3.8M	$2.2M	75x	as long as short
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	22.270	−0.090%	$222K	$95K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.270	−0.090%	$2.9M	$851K	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	22.320	+0.135%	$457K	$109K	30x
Bitget COMPUSDT	+0.0100%	8h	22.300	+0.045%	$1.9M	$781K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.290	0.000%	—	$36.3M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.300	+0.044%	$15K	$39K	—	as long as short
Kraken Futures PF_COMPUSD	+0.0337%	1h	22.315	+0.113%	$210K	$62K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0456%	1h	22.200	−0.404%	$17K	$42K	25x	as long as short