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

COMP

all COMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0549%/8h= +60.1% APRpaid last 24h +0.086%
Price spread now: Binance against Injective+0.416%47s7-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 7 days+0.215%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Binance is 0.416% dearer against Injective than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.215% in total (about 11.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective COMP/USDC PERP22.340−0.0449get 0.0056% / 1h38m 38s$2K$13K12x
ShortBinance COMPUSDT22.4330.0100get 0.0100% / 8h1h 38m$4.2M$7.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Injective. 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
$115.28
Price spread: +0.416% → 0.000%
$41.6
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
$146.86
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 15 min ago. 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 Injective no order-book sample
Sell Binance live order book, 15 min ago2.24 bp15.1 bp −$1547.5 bp −$475doesn't fitdoesn't fit
Injective: 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−0.0860%1h22.478+0.618%$236K$82K20xas long as short
Deribit COMP_USDC-PERPETUAL−0.0640%1h22.440+0.448%$328$32750xas long as short
Injective COMP/USDC PERPlong−0.0449%1h22.340long leg$2K$13K12x
dYdX COMP-USD0.0000%1h22.437+0.436%$68K5xas long as short
Coinbase International COMP-PERP-INTX+0.0040%1h22.460+0.537%$18K$53K25xas long as short
BloFin COMP-USDT+0.0072%8h22.410+0.313%$236K$148K20xas long as short
Hyperliquid COMP+0.0100%1h22.452+0.501%$843K$494K5xas long as short
Binance COMPUSDTshort+0.0100%8h22.433+0.416%$4.2M$7.4M75x
Bybit COMPUSDT+0.0100%8h22.440+0.448%$3.8M$2.0M75xas long as short
OKX COMP-USDT-SWAP+0.0100%8h22.420+0.358%$1.6M$2.2M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate COMP_USDT+0.0100%8h22.420+0.358%$219K$78K25xas long as short
MEXC COMP_USDT+0.0100%8h22.430+0.403%$2.7M$843K20xas long as short
KuCoin COMPUSDTM+0.0100%8h22.450+0.492%$453K$96K30xas long as short
Bitget COMPUSDT+0.0100%8h22.440+0.448%$1.9M$685K75xas long as short
BingX COMP-USDT+0.0100%8h22.430+0.403%$36.4Mas long as short
Variational Omni COMP+0.0100%8h22.432+0.414%$15K$37Kas long as short