Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h +0.113%

Price spread now: Coinbase International against MEXC+0.225%7-day average — · you sell dearer than you buy

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

Long on MEXC 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

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 0.225% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COMP_USDT	22.230	0.0100	pay 0.0100% / 8h	4h 09m	$2.4M	$834K	20x
Short	Coinbase International COMP-PERP-INTX	22.280	0.0744	get 0.0093% / 1h	9m 53s	$16K	$38K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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 MEXCbpFee Coinbase InternationalbpOrdersPrice spread, now +0.225%Rate

Funding earned: $135.24
Price spread: +0.225% → 0.000%: $22.49
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $143.73
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago	2.25 bp	8.1 bp −$8	17.7 bp −$177	170.3 bp −$17.0K	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 exchanges

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	−0.0200%	1h	22.210	−0.090%	$280	$507	50x	as long as short
dYdX COMP-USD	0.0000%	1h	22.234	+0.017%	$67K	$16	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.190	−0.180%	$1K	$13K	12x	as long as short
BloFin COMP-USDT	+0.0094%	8h	22.240	+0.045%	$229K	$150K	20x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.216	−0.061%	$808K	$311K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.230	0.000%	$4.1M	$6.1M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.221	−0.040%	$3.8M	$1.4M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.230	0.000%	$1.7M	$2.0M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.220	−0.045%	$216K	$54K	25x	as long as short
MEXC COMP_USDTlong	+0.0100%	8h	22.230	long leg	$2.4M	$834K	20x

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.240	+0.045%	$462K	$118K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.220	−0.045%	$1.9M	$565K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.230	0.000%	—	$13.9M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.214	−0.072%	$13K	$15K	—	as long as short
Kraken Futures PF_COMPUSD	+0.0192%	1h	22.246	+0.072%	$220K	$79K	20x	as long as short
Coinbase International COMP-PERP-INTXshort	+0.0744%	1h	22.280	+0.225%	$16K	$38K	25x