Funding you earn now, next payment 00:00 UTC−0.0822%/8h= −90.0% APRpaid last 24h −0.059%
Price spread now: Kraken Futures against BingX+0.113%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1071.066% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now +0.113%, 7d avg +0.103%
=The price spread sits at its 7-day average of +0.103%, so right now this pair is about funding alone: −$25 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 -0.258% in total (about -13.5% 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 | BingX COMP-USDT | 22.630 | 0.0100 | pay 0.0100% / 8h | 34m 02s | — | $36.0M | — |
| Short | Kraken Futures PF_COMPUSD | 22.656 | −0.0722 | pay 0.0090% / 1h | 34m 02s | $239K | $62K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$172.57
- Price spread: +0.113% → +0.103%
- $1.06
- Slippage, 4 orders
- −$86.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$278.11
- Costs to cover
- 1.066%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Kraken Futures: live order book, 43 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 BingX live order book, 5 min ago | 6.63 bp | 19.2 bp −$19 | 45.2 bp −$452 | 384.8 bp −$38.5K | 531.1 bp −$265.5K |
| Sell Kraken Futures live order book, 43 min ago | 10.24 bp | 30.1 bp −$30 | 95.1 bp −$951 | 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_COMPUSDshort | −0.0722% | 1h | 22.656 | +0.113% | $239K | $62K | 20x | |
| Deribit COMP_USDC-PERPETUAL | −0.0633% | 1h | 22.630 | 0.000% | $330 | $327 | 50x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.650 | +0.088% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.340 | −1.281% | $2K | $13K | 12x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.637 | +0.031% | $849K | $490K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.620 | −0.044% | $4.2M | $7.2M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.620 | −0.044% | $3.8M | $2.0M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.610 | −0.088% | $1.6M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.610 | −0.088% | $221K | $70K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.620 | −0.044% | $2.7M | $843K | 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 | 22.650 | +0.088% | $457K | $94K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.650 | +0.088% | $1.9M | $647K | 75x | as long as short |
| BingX COMP-USDTlong | +0.0100% | 8h | 22.630 | long leg | — | $36.0M | — | |
| Variational Omni COMP | +0.0100% | 8h | 22.612 | −0.078% | $15K | $31K | — | as long as short |
| BloFin COMP-USDT | +0.0120% | 8h | 22.620 | −0.044% | $238K | $150K | 20x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0136% | 1h | 22.730 | +0.442% | $17K | $54K | 25x | as long as short |
BingX COMP-USDT
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
Injective COMP/USDC PERP
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX