Funding arb · Price arb /

COMP

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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: MEXC against OKX+0.044%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$610.610% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.044%, 7d avg −0.003%

Together, before fees−0.045%−$4 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: MEXC is 0.047% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX COMP-USDT-SWAP	22.710	0.0100	pay 0.0100% / 8h	6h 01m	$1.6M	$2.0M	20x
Short	MEXC COMP_USDT	22.720	0.0100	get 0.0100% / 8h	6h 01m	$2.6M	$820K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.003%: $4.71
Slippage, 4 orders: −$46.98
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$56.27
Costs to cover: 0.610%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; MEXC: 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, 5 min ago	4.41 bp	24.0 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.20 bp	8.0 bp −$8	21.4 bp −$214	185.6 bp −$18.6K	doesn't fit

COMP on 15 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	−0.0630%	1h	22.710	0.000%	$332	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0621%	1h	22.746	+0.160%	$228K	$88K	20x	as long as short
dYdX COMP-USD	−0.0021%	1h	22.745	+0.156%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.620	−0.396%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.735	+0.110%	$873K	$360K	5x	as long as short
Binance COMPUSDT	+0.0100%	8h	22.717	+0.031%	$4.3M	$6.7M	75x	as long as short
Bybit COMPUSDT	+0.0100%	8h	22.732	+0.097%	$3.9M	$1.9M	75x	as long as short
OKX COMP-USDT-SWAPlong	+0.0100%	8h	22.710	long leg	$1.6M	$2.0M	20x
Gate COMP_USDT	+0.0100%	8h	22.750	+0.176%	$223K	$57K	25x	as long as short
MEXC COMP_USDTshort	+0.0100%	8h	22.720	+0.044%	$2.6M	$820K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin COMPUSDTM	+0.0100%	8h	22.750	+0.176%	$457K	$89K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.710	0.000%	$1.9M	$611K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.730	+0.088%	—	$34.7M	—	as long as short
Variational Omni COMP	+0.0100%	8h	22.706	−0.017%	$15K	$29K	—	as long as short
Coinbase International COMP-PERP-INTX	+0.0232%	1h	22.930	+0.969%	$18K	$45K	25x	as long as short