Funding you earn now, next payment 21:00 UTC−0.0827%/8h= −90.5% APRnext payment −$1.03 per $10,000 · paid last 24h −0.166%
Price spread now: Kraken Futures against Coinbase International−0.320%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.320% cheaper against Coinbase International than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International COMP-PERP-INTX | 22.390 | −0.0024 | get 0.0003% / 1h | 51m 58s | $18K | $53K | 25x |
| Short | Kraken Futures PF_COMPUSD | 22.318 | −0.0851 | pay 0.0106% / 1h | 51m 58s | $235K | $85K | 20x |
Coinbase International COMP-PERP-INTX
Kraken Futures PF_COMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Coinbase International. 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
- −$173.6
- Price spread: −0.320% → 0.000%
- −$31.99
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$225.59
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Kraken Futures: live order book, 35 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 35 min ago | 23.37 bp | 47.7 bp −$48 | 122.6 bp −$1,226 | doesn't fit | doesn't fit |
Coinbase International: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COMP/USDC PERP | −0.1289% | 1h | 22.070 | −1.429% | $4K | $12K | 12x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.1095% | 1h | 22.280 | −0.491% | $227 | $229 | 50x | as long as short |
| Kraken Futures PF_COMPUSDshort | −0.0851% | 1h | 22.318 | −0.320% | $235K | $85K | 20x | |
| Coinbase International COMP-PERP-INTXlong | −0.0024% | 1h | 22.390 | long leg | $18K | $53K | 25x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.300 | −0.402% | $68K | — | 5x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.296 | −0.420% | $838K | $541K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.275 | −0.515% | $4.2M | $8.3M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.270 | −0.536% | $3.8M | $2.2M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.280 | −0.491% | $1.6M | $2.4M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.280 | −0.491% | $218K | $83K | 25x | as long as short |
Injective COMP/USDC PERP
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Hyperliquid COMP
Binance COMPUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COMP_USDT | +0.0100% | 8h | 22.290 | −0.447% | $2.8M | $800K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.300 | −0.402% | $451K | $112K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.270 | −0.536% | $1.9M | $773K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.290 | −0.447% | — | $36.3M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.275 | −0.514% | $15K | $39K | — | as long as short |
| BloFin COMP-USDT | +0.0116% | 8h | 22.270 | −0.536% | $238K | $155K | 20x | as long as short |
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT