Funding arb · Price arb /

COMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.031%

Price spread now: dYdX against MEXC+0.161%62s7-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 dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

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. dYdX is 0.161% dearer against MEXC than usual: you sell high and buy low (spread +0.161% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.4 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COMP_USDT	22.560	0.0100	pay 0.0100% / 8h	6h 59m	$2.5M	$877K	20x
Short	dYdX COMP-USD	22.596	0	get 0.0000% / 1h	59m 43s	$68K	$16	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$21
Price spread: +0.161% → 0.000%: $16.13
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$18.87
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: MEXC: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	2.21 bp	8.2 bp −$8	18.1 bp −$181	170.9 bp −$17.1K	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit COMP_USDC-PERPETUAL	−0.0635%	1h	22.590	+0.133%	$285	$507	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0472%	1h	22.619	+0.263%	$223K	$94K	20x	as long as short
dYdX COMP-USDshort	0.0000%	1h	22.596	+0.161%	$68K	$16	5x
Injective COMP/USDC PERP	+0.0033%	1h	22.820	+1.152%	$1K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.580	+0.089%	$813K	$348K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.562	+0.010%	$4.2M	$6.5M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.580	+0.089%	$3.8M	$1.6M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.580	+0.089%	$1.7M	$2.2M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.590	+0.133%	$220K	$58K	25x	as long as short
MEXC COMP_USDTlong	+0.0100%	8h	22.560	long leg	$2.5M	$877K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.620	+0.266%	$468K	$127K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.600	+0.177%	$1.9M	$603K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.570	+0.044%	—	$14.1M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.581	+0.092%	$14K	$19K	—	as long as short
BloFin COMP-USDT	+0.0115%	8h	22.600	+0.177%	$233K	$185K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0792%	1h	22.750	+0.842%	$16K	$42K	25x	as long as short