Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate+0.177%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$201as in the Price arb table

costs, in and out, $10k−$2152.151% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.177%, 7d avg +0.039%

Together, before fees−0.206%−$21 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: Bybit is 0.139% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COMP_USDT	22.540	0.0100	pay 0.0100% / 8h	6h 53m	$219K	$53K	25x
Short	Bybit COMPUSDT	22.580	0.0100	get 0.0100% / 8h	6h 53m	$3.8M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → +0.039%: $13.86
Slippage, 4 orders: −$189.1
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$201.24
Costs to cover: 2.151%
Break-even: never at this rate

Slippage from Gate: live order book, 8 min ago; Bybit: live order book, 4 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 Gate live order book, 8 min ago	6.61 bp	68.8 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	4.41 bp	35.2 bp −$35	78.0 bp −$780	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	−0.0635%	1h	22.580	+0.177%	$330	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0625%	1h	22.615	+0.332%	$227K	$90K	20x	as long as short
dYdX COMP-USD	0.0000%	1h	22.620	+0.355%	$68K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−0.887%	$2K	$13K	12x	as long as short
BloFin COMP-USDT	+0.0070%	8h	22.550	+0.044%	$238K	$158K	20x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.590	+0.222%	$864K	$418K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.564	+0.108%	$4.3M	$6.8M	75x	as long as short
Bybit COMPUSDTshort	+0.0100%	8h	22.580	+0.177%	$3.8M	$1.9M	75x
OKX COMP-USDT-SWAP	+0.0100%	8h	22.560	+0.089%	$1.6M	$2.1M	20x	as long as short
Gate COMP_USDTlong	+0.0100%	8h	22.540	long leg	$219K	$53K	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC COMP_USDT	+0.0100%	8h	22.550	+0.044%	$2.6M	$814K	20x	as long as short
KuCoin COMPUSDTM	+0.0100%	8h	22.570	+0.133%	$454K	$92K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.560	+0.089%	$1.9M	$620K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.560	+0.089%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.591	+0.228%	$15K	$31K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0232%	1h	22.930	+1.730%	$18K	$46K	25x	as long as short