Funding arb · Price arb /

COMP

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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: Binance against Variational Omni+0.056%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.056% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it 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	Variational Omni COMP	22.637	0.0100	pay 0.0100% / 8h	28m 13s	$15K	$31K	—
Short	Binance COMPUSDT	22.650	0.0100	get 0.0100% / 8h	28m 13s	$4.3M	$7.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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 Variational OmnibpFee BinancebpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → 0.000%: $5.57
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4.43
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 11 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	2.21 bp	18.8 bp −$19	52.7 bp −$527	doesn't fit	doesn't fit

Variational Omni: 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	−0.1073%	1h	22.650	+0.056%	$331	$327	50x	as long as short
Kraken Futures PF_COMPUSD	−0.0721%	1h	22.683	+0.204%	$239K	$58K	20x	as long as short
dYdX COMP-USD	0.0000%	1h	22.670	+0.144%	$69K	—	5x	as long as short
Injective COMP/USDC PERP	+0.0033%	1h	22.340	−1.314%	$2K	$13K	12x	as long as short
Hyperliquid COMP	+0.0100%	1h	22.662	+0.109%	$850K	$490K	5x	as long as short
Binance COMPUSDTshort	+0.0100%	8h	22.650	+0.056%	$4.3M	$7.2M	75x
Bybit COMPUSDT	+0.0100%	8h	22.645	+0.034%	$3.8M	$2.0M	75x	as long as short
OKX COMP-USDT-SWAP	+0.0100%	8h	22.660	+0.100%	$1.6M	$2.1M	20x	as long as short
Gate COMP_USDT	+0.0100%	8h	22.640	+0.012%	$222K	$70K	25x	as long as short
MEXC COMP_USDT	+0.0100%	8h	22.640	+0.012%	$2.8M	$844K	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	22.660	+0.100%	$457K	$94K	30x	as long as short
Bitget COMPUSDT	+0.0100%	8h	22.640	+0.012%	$1.9M	$631K	75x	as long as short
BingX COMP-USDT	+0.0100%	8h	22.660	+0.100%	—	$36.0M	—	as long as short
Variational Omni COMPlong	+0.0100%	8h	22.637	long leg	$15K	$31K	—
BloFin COMP-USDT	+0.0104%	8h	22.610	−0.121%	$237K	$149K	20x	as long as short
Coinbase International COMP-PERP-INTX	+0.0136%	1h	22.730	+0.409%	$17K	$54K	25x	as long as short