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+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%
Price spread now: OKX against BloFin+0.306%73s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$820.817% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.282%−$28 · spread now +0.306%, 7d avg −0.007%
Together, before fees−0.281%−$28 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 OKX is 0.313% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COMP-USDT22.8800.0075pay 0.0075% / 8h4h 23m$241K$166K20x
ShortOKX COMP-USDT-SWAP22.9500.0100get 0.0100% / 8h4h 23m$1.7M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$5.35
Price spread: +0.306% → −0.007%
$31.26
Slippage, 4 orders
−$59.75
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$45.13
Costs to cover
0.817%
Break-even
66.1 days
Slippage from BloFin: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago2.19 bp8.2 bp −$825.3 bp −$253301.7 bp −$30.2Kdoesn't fit
Sell OKX live order book, 3 min ago4.37 bp23.2 bp −$23847.7 bp −$8,477doesn'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
Deribit COMP_USDC-PERPETUAL−0.0621%1h22.930+0.219%$335$32750xas long as short
Kraken Futures PF_COMPUSD−0.0183%1h22.958+0.339%$227K$93K20xas long as short
dYdX COMP-USD0.0000%1h22.916+0.156%$69K5xas long as short
Injective COMP/USDC PERP+0.0022%1h22.890+0.044%$1K$13K12xas long as short
BloFin COMP-USDTlong+0.0075%8h22.880long leg$241K$166K20x
Hyperliquid COMP+0.0100%1h22.953+0.319%$880K$350K5xas long as short
Binance COMPUSDT+0.0100%8h22.943+0.277%$4.3M$6.6M75xas long as short
Bybit COMPUSDT+0.0100%8h22.940+0.262%$3.9M$1.9M75xas long as short
OKX COMP-USDT-SWAPshort+0.0100%8h22.950+0.306%$1.7M$2.2M20x
Gate COMP_USDT+0.0100%8h22.910+0.131%$226K$52K25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC COMP_USDT+0.0100%8h22.930+0.219%$2.5M$828K20xas long as short
KuCoin COMPUSDTM+0.0100%8h22.930+0.219%$462K$89K30xas long as short
Bitget COMPUSDT+0.0100%8h22.950+0.306%$1.9M$614K75xas long as short
BingX COMP-USDT+0.0100%8h22.930+0.219%$34.7Mas long as short
Variational Omni COMP+0.0100%8h22.856−0.106%$15K$29Kas long as short
Coinbase International COMP-PERP-INTX+0.0544%1h22.960+0.350%$18K$45K25xas long as short