Settings8H · net · $10k
Funding arb · Price arb /

COMP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0613%/8h= −67.1% APRnext payment $0.77 per $10,000 · paid last 24h −0.040%
Price spread now: Kraken Futures against dYdX+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.023% dearer against dYdX than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.081% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX COMP-USD22.746−0.0009get 0.0001% / 1h29m 08s$69K5x
ShortKraken Futures PF_COMPUSD22.752−0.0621pay 0.0078% / 1h29m 08s$228K$89K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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

Funding earned
−$128.65
Price spread: +0.023% → 0.000%
$2.29
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$146.37
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kraken Futures live order book, 38 min ago9.16 bp31.3 bp −$31109.0 bp −$1,090doesn't fitdoesn't fit
dYdX: 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 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit COMP_USDC-PERPETUAL−0.0629%1h22.730−0.072%$332$32750xas long as short
Kraken Futures PF_COMPUSDshort−0.0621%1h22.752+0.023%$228K$89K20x
dYdX COMP-USDlong−0.0009%1h22.746long leg$69K5x
Injective COMP/USDC PERP+0.0033%1h22.620−0.556%$2K$13K12xas long as short
Hyperliquid COMP+0.0100%1h22.747+0.003%$874K$362K5xas long as short
Binance COMPUSDT+0.0100%8h22.730−0.072%$4.3M$6.8M75xas long as short
Bybit COMPUSDT+0.0100%8h22.767+0.091%$3.9M$1.9M75xas long as short
OKX COMP-USDT-SWAP+0.0100%8h22.730−0.072%$1.6M$2.0M20xas long as short
Gate COMP_USDT+0.0100%8h22.740−0.028%$222K$55K25xas long as short
MEXC COMP_USDT+0.0100%8h22.740−0.028%$2.6M$818K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin COMPUSDTM+0.0100%8h22.770+0.104%$458K$90K30xas long as short
Bitget COMPUSDT+0.0100%8h22.740−0.028%$1.9M$625K75xas long as short
BingX COMP-USDT+0.0100%8h22.740−0.028%$34.7Mas long as short
Variational Omni COMP+0.0100%8h22.736−0.043%$15K$29Kas long as short
Coinbase International COMP-PERP-INTX+0.0232%1h22.930+0.807%$18K$45K25xas long as short