Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.106%

Price spread now: Coinbase International against KuCoin+0.178%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Coinbase International

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.178% dearer against KuCoin than usual: you sell high and buy low (spread +0.178% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin COMPUSDTM	22.480	0.0100	pay 0.0100% / 8h	1h 17m	$454K	$94K	30x
Short	Coinbase International COMP-PERP-INTX	22.520	0.0040	get 0.0005% / 1h	17m 38s	$18K	$53K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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 KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.178%Rate

Funding earned: −$12.6
Price spread: +0.178% → 0.000%: $17.79
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$16.81
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 54 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 54 min ago	13.40 bp	206.0 bp −$206	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_COMPUSD	−0.0859%	1h	22.506	+0.117%	$237K	$62K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0640%	1h	22.460	−0.089%	$328	$327	50x	as long as short
Injective COMP/USDC PERP	−0.0449%	1h	22.340	−0.623%	$2K	$13K	12x	as long as short
dYdX COMP-USD	0.0000%	1h	22.487	+0.032%	$68K	—	5x	as long as short
Coinbase International COMP-PERP-INTXshort	+0.0040%	1h	22.520	+0.178%	$18K	$53K	25x
Hyperliquid COMP	+0.0100%	1h	22.486	+0.027%	$844K	$493K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.450	−0.133%	$4.2M	$7.2M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.450	−0.133%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.450	−0.133%	$1.6M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.460	−0.089%	$220K	$78K	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC COMP_USDT	+0.0100%	8h	22.450	−0.133%	$2.7M	$844K	20x	as long as short
KuCoin COMPUSDTMlong	+0.0100%	8h	22.480	long leg	$454K	$94K	30x
Bitget COMPUSDT	+0.0100%	8h	22.450	−0.133%	$1.9M	$673K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.470	−0.044%	—	$36.0M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.467	−0.057%	$15K	$37K	—	as long as short
BloFin COMP-USDT	+0.0122%	8h	22.480	0.000%	$236K	$148K	20x	as long as short