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

COMP

all COMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.093%
Price spread now: Coinbase International against Hyperliquid+0.157%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.157% dearer against Hyperliquid than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid COMP22.6940.0100pay 0.0013% / 1h42m 32s$862K$416K5x
ShortCoinbase International COMP-PERP-INTX22.7300.0200get 0.0025% / 1h42m 32s$17K$50K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. 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
$21
Price spread: +0.157% → 0.000%
$15.69
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$17.69
Costs to cover
0.190%
Break-even
1.1 days
Slippage unknown: Hyperliquid: live order book, 18 min ago; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 18 min ago1.10 bp55.1 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_COMPUSD−0.0679%1h22.703+0.036%$228K$91K20xas long as short
Deribit COMP_USDC-PERPETUAL−0.0191%1h22.690−0.019%$331$32750xas long as short
dYdX COMP-USD0.0000%1h22.656−0.168%$69K5xas long as short
Injective COMP/USDC PERP+0.0033%1h22.340−1.562%$2K$13K12xas long as short
BloFin COMP-USDT+0.0084%8h22.680−0.063%$237K$159K20xas long as short
Hyperliquid COMPlong+0.0100%1h22.694long leg$862K$416K5x
Binance COMPUSDT+0.0100%8h22.663−0.137%$4.2M$7.0M75xas long as short
Bybit COMPUSDT+0.0100%8h22.670−0.108%$3.8M$1.9M75xas long as short
OKX COMP-USDT-SWAP+0.0100%8h22.660−0.152%$1.6M$2.1M20xas long as short
Gate COMP_USDT+0.0100%8h22.630−0.284%$221K$63K25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC COMP_USDT+0.0100%8h22.670−0.108%$2.8M$791K20xas long as short
KuCoin COMPUSDTM+0.0100%8h22.670−0.108%$457K$91K30xas long as short
Bitget COMPUSDT+0.0100%8h22.670−0.108%$1.9M$617K75xas long as short
BingX COMP-USDT+0.0100%8h22.670−0.108%$36.0Mas long as short
Variational Omni COMP+0.0100%8h22.616−0.343%$15K$31Kas long as short
Coinbase International COMP-PERP-INTXshort+0.0200%1h22.730+0.157%$17K$50K25x