Funding you earn now, next payment 03:00 UTC−0.0640%/8h= −70.1% APRpaid last 24h −0.074%
Price spread now: Kraken Futures against Binance+0.116%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days−0.301%−$30 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.116%, 7d avg +0.131%
=The price spread sits at its 7-day average of +0.131%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.301% in total (about -15.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COMPUSDT | 22.963 | 0.0095 | pay 0.0095% / 8h | 5h 17m | $4.3M | $6.7M | 75x |
| Short | Kraken Futures PF_COMPUSD | 22.990 | −0.0545 | pay 0.0068% / 1h | 17m 08s | $231K | $89K | 20x |
Binance COMPUSDT
Kraken Futures PF_COMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$134.44
- Price spread: +0.116% → +0.131%
- −$1.43
- Slippage, 4 orders
- −$87.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$243.26
- Costs to cover
- 1.074%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Kraken Futures: live order book, 45 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 Binance live order book, 7 min ago | 4.36 bp | 16.6 bp −$17 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 45 min ago | 9.68 bp | 32.7 bp −$33 | 96.5 bp −$965 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0621% | 1h | 22.950 | −0.059% | $335 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDshort | −0.0545% | 1h | 22.990 | +0.116% | $231K | $89K | 20x | |
| dYdX COMP-USD | −0.0073% | 1h | 22.960 | −0.015% | $70K | — | 5x | as long as short |
| BloFin COMP-USDT | +0.0074% | 8h | 22.980 | +0.072% | $241K | $168K | 20x | as long as short |
| MEXC COMP_USDT | +0.0095% | 8h | 22.960 | −0.015% | $2.6M | $814K | 20x | as long as short |
| Binance COMPUSDTlong | +0.0095% | 8h | 22.963 | long leg | $4.3M | $6.7M | 75x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.968 | +0.020% | $882K | $359K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.965 | +0.007% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.980 | +0.072% | $1.7M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.960 | −0.015% | $227K | $57K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
BloFin COMP-USDT
MEXC COMP_USDT
Hyperliquid COMP
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.970 | +0.028% | $461K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.960 | −0.015% | $1.9M | $621K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.960 | −0.015% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.966 | +0.010% | $15K | $29K | — | as long as short |
| Injective COMP/USDC PERP | +0.0488% | 1h | 22.820 | −0.625% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.980 | +0.072% | $18K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX