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

COMP

all COMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h +0.057%
Price spread now: dYdX against Kraken Futures+0.169%7-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+0.093%+$9 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 +$9 a day on $10k at the current rate, and dYdX is 0.169% dearer against Kraken Futures than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_COMPUSD22.687−0.0284get 0.0035% / 1h26m 21s$225K$94K20x
ShortdYdX COMP-USD22.7260get 0.0000% / 1h26m 21s$69K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
$59.57
Price spread: +0.169% → 0.000%
$16.92
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$56.49
Costs to cover
0.200%
Break-even
0.4 days
Slippage unknown: Kraken Futures: live order book, 26 min ago; dYdX: 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 Kraken Futures live order book, 26 min ago12.92 bp37.2 bp −$37333.8 bp −$3,338doesn't fitdoesn't fit
Sell dYdX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit COMP_USDC-PERPETUAL−0.0632%1h22.660−0.120%$331$32750xas long as short
Kraken Futures PF_COMPUSDlong−0.0284%1h22.687long leg$225K$94K20x
dYdX COMP-USDshort0.0000%1h22.726+0.169%$69K5x
Hyperliquid COMP+0.0100%1h22.674−0.059%$868K$346K5xas long as short
Binance COMPUSDT+0.0100%8h22.657−0.131%$4.3M$6.3M75xas long as short
Bybit COMPUSDT+0.0100%8h22.680−0.032%$3.9M$1.7M75xas long as short
OKX COMP-USDT-SWAP+0.0100%8h22.670−0.076%$1.7M$2.2M20xas long as short
Gate COMP_USDT+0.0100%8h22.700+0.056%$221K$54K25xas long as short
MEXC COMP_USDT+0.0100%8h22.650−0.164%$2.5M$815K20xas long as short
KuCoin COMPUSDTM+0.0100%8h22.700+0.056%$459K$87K30xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COMPUSDT+0.0100%8h22.660−0.120%$1.9M$575K75xas long as short
BingX COMP-USDT+0.0100%8h22.660−0.120%$34.7Mas long as short
Variational Omni COMP+0.0100%8h22.791+0.457%$14K$30Kas long as short
BloFin COMP-USDT+0.0124%8h22.710+0.100%$243K$174K20xas long as short
Coinbase International COMP-PERP-INTX+0.0408%1h22.980+1.290%$18K$44K25xas long as short
Injective COMP/USDC PERP+0.0542%1h22.820+0.585%$1K$13K12xas long as short