Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Bitget against dYdX+0.060%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.198%+$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.060% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX COMP-USD	22.906	0	get 0.0000% / 1h	13m 53s	$69K	—	5x
Short	Bitget COMPUSDT	22.920	0.0100	get 0.0100% / 8h	7h 13m	$1.9M	$613K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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 dYdXbpFee BitgetbpOrdersPrice spread, now +0.060%Rate

Funding earned: $21
Price spread: +0.060% → 0.000%: $5.97
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $4.97
Costs to cover: 0.220%
Break-even: 5.3 days

Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	2.19 bp	28.1 bp −$28	59.6 bp −$596	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_COMPUSD	−0.0672%	1h	22.930	+0.105%	$230K	$91K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0187%	1h	22.890	−0.071%	$334	$327	50x	as long as short
dYdX COMP-USDlong	0.0000%	1h	22.906	long leg	$69K	—	5x
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−2.472%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.933	+0.116%	$876K	$417K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.915	+0.037%	$4.3M	$6.9M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.922	+0.068%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.910	+0.016%	$1.6M	$2.1M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.900	−0.028%	$223K	$64K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.910	+0.016%	$2.7M	$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 COMPUSDTM	+0.0100%	8h	22.930	+0.103%	$463K	$91K	30x	as long as short
Bitget COMPUSDTshort	+0.0100%	8h	22.920	+0.060%	$1.9M	$613K	75x
BingX COMP-USDT	+0.0100%	8h	22.910	+0.016%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.811	−0.414%	$15K	$31K	—	as long as short
BloFin COMP-USDT	+0.0129%	8h	22.840	−0.290%	$238K	$160K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0200%	1h	22.900	−0.028%	$18K	$51K	25x	as long as short