Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against OKX+0.045%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$820.823% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.045%−$4 · spread now +0.045%, 7d avg +0.015%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COMP-USDT-SWAP	22.440	0.0100	pay 0.0100% / 8h	1h 34m	$1.6M	$2.2M	20x
Short	BingX COMP-USDT	22.450	0.0100	get 0.0100% / 8h	1h 34m	—	$36.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.015%: $2.96
Slippage, 4 orders: −$62.29
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$79.33
Costs to cover: 0.823%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 5 min ago.

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 OKX live order book, 3 min ago	2.23 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	6.69 bp	20.0 bp −$20	48.3 bp −$483	373.8 bp −$37.4K	530.9 bp −$265.4K

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	−0.0861%	1h	22.455	+0.069%	$236K	$82K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0641%	1h	22.420	−0.089%	$327	$327	50x	as long as short
Injective COMP/USDC PERP	−0.0449%	1h	22.340	−0.446%	$2K	$13K	12x	as long as short
dYdX COMP-USD	0.0000%	1h	22.437	−0.014%	$68K	—	5x	as long as short
Coinbase International COMP-PERP-INTX	+0.0040%	1h	22.460	+0.089%	$18K	$53K	25x	as long as short
BloFin COMP-USDT	+0.0075%	8h	22.410	−0.134%	$236K	$148K	20x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.439	−0.004%	$842K	$494K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.446	+0.026%	$4.2M	$7.4M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.422	−0.080%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAPlong	+0.0100%	8h	22.440	long leg	$1.6M	$2.2M	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate COMP_USDT	+0.0100%	8h	22.410	−0.134%	$219K	$78K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.460	+0.089%	$2.7M	$843K	20x	as long as short
KuCoin COMPUSDTM	+0.0100%	8h	22.420	−0.089%	$453K	$94K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.450	+0.045%	$1.9M	$686K	75x	as long as short
BingX COMP-USDTshort	+0.0100%	8h	22.450	+0.045%	—	$36.4M	—
Variational Omni COMP	+0.0100%	8h	22.402	−0.167%	$15K	$37K	—	as long as short