Funding you earn now, next payment 04:00 UTC+0.0277%/8h= +30.4% APRpaid last 24h +0.079%
Price spread now: BloFin against Kraken Futures+0.077%57s7-day average −0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.077%, 7d avg −0.126%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.203% dearer against Kraken Futures than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.126%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_COMPUSD | 22.842 | −0.0184 | get 0.0023% / 1h | 51m 59s | $226K | $93K | 20x |
| Short | BloFin COMP-USDT | 22.860 | 0.0093 | get 0.0093% / 8h | 4h 51m | $245K | $167K | 20x |
Kraken Futures PF_COMPUSD
BloFin COMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- $58.23
- Price spread: +0.077% → −0.126%
- $20.32
- Slippage, 4 orders
- −$85.97
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.43
- Costs to cover
- 1.080%
- Break-even
- 10.5 days
Slippage from Kraken Futures: live order book, 5 min ago; BloFin: 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 Kraken Futures live order book, 5 min ago | 21.41 bp | 31.5 bp −$32 | 275.9 bp −$2,759 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 4.37 bp | 23.4 bp −$23 | 49.4 bp −$494 | 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 | −0.0626% | 1h | 22.800 | −0.185% | $333 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0184% | 1h | 22.842 | long leg | $226K | $93K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.865 | +0.101% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0022% | 1h | 22.890 | +0.209% | $1K | $13K | 12x | as long as short |
| BloFin COMP-USDTshort | +0.0093% | 8h | 22.860 | +0.077% | $245K | $167K | 20x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.830 | −0.054% | $876K | $359K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.802 | −0.178% | $4.3M | $6.6M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.837 | −0.023% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.820 | −0.098% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.850 | +0.034% | $226K | $51K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Injective COMP/USDC PERP
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 | 22.810 | −0.141% | $2.5M | $823K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.860 | +0.077% | $461K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.870 | +0.121% | $1.9M | $621K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.850 | +0.034% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.911 | +0.302% | $15K | $29K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0544% | 1h | 22.930 | +0.384% | $18K | $44K | 25x | as long as short |
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX