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
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX COMP-USD | 22.746 | −0.0009 | get 0.0001% / 1h | 29m 08s | $69K | — | 5x |
| Short | Kraken Futures PF_COMPUSD | 22.752 | −0.0621 | pay 0.0078% / 1h | 29m 08s | $228K | $89K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 38 min ago | 9.16 bp | 31.3 bp −$31 | 109.0 bp −$1,090 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0629% | 1h | 22.730 | −0.072% | $332 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDshort | −0.0621% | 1h | 22.752 | +0.023% | $228K | $89K | 20x | |
| dYdX COMP-USDlong | −0.0009% | 1h | 22.746 | long leg | $69K | — | 5x | |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.620 | −0.556% | $2K | $13K | 12x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.747 | +0.003% | $874K | $362K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.730 | −0.072% | $4.3M | $6.8M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.767 | +0.091% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.730 | −0.072% | $1.6M | $2.0M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.740 | −0.028% | $222K | $55K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.740 | −0.028% | $2.6M | $818K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.770 | +0.104% | $458K | $90K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.740 | −0.028% | $1.9M | $625K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.740 | −0.028% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.736 | −0.043% | $15K | $29K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0232% | 1h | 22.930 | +0.807% | $18K | $45K | 25x | as long as short |
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
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX