Funding arb · Price arb /

COMP

all COMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX0.000%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$970.974% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days+0.035%+$3 · spread now 0.000%, 7d avg −0.030%

Together, before fees+0.023%+$2 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: Bitget 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 −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COMP-USDT-SWAP	22.900	0.0100	pay 0.0100% / 8h	7h 14m	$1.6M	$2.1M	20x
Short	Bitget COMPUSDT	22.900	0.0100	get 0.0100% / 8h	7h 14m	$1.9M	$615K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.030%: $3
Slippage, 4 orders: −$75.38
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$94.38
Costs to cover: 0.974%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago	2.19 bp	22.1 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.19 bp	28.1 bp −$28	59.6 bp −$596	doesn't fit	doesn't fit

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	−0.0673%	1h	22.893	−0.029%	$230K	$91K	20x	as long as short
Deribit COMP_USDC-PERPETUAL	−0.0624%	1h	22.860	−0.175%	$334	$327	50x	as long as short
dYdX COMP-USD	0.0000%	1h	22.850	−0.218%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−2.445%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.911	+0.048%	$875K	$417K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.903	+0.015%	$4.3M	$6.9M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.913	+0.057%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAPlong	+0.0100%	8h	22.900	long leg	$1.6M	$2.1M	20x
Gate COMP_USDT	+0.0100%	8h	22.880	−0.087%	$223K	$64K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.860	−0.175%	$2.7M	$818K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.850	−0.218%	$461K	$91K	30x	as long as short
Bitget COMPUSDTshort	+0.0100%	8h	22.900	0.000%	$1.9M	$615K	75x
BingX COMP-USDT	+0.0100%	8h	22.870	−0.131%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.811	−0.387%	$15K	$31K	—	as long as short
BloFin COMP-USDT	+0.0129%	8h	22.840	−0.262%	$238K	$160K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0200%	1h	22.900	0.000%	$18K	$51K	25x	as long as short