Funding you earn now, next payment 03:00 UTC−0.0076%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h −0.107%
Price spread now: Deribit against Kraken Futures−0.207%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$2 a day on $10k at the current rate, and Deribit is 0.207% cheaper against Kraken Futures than usual: you would sell low and buy high (−$21 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 | Kraken Futures PF_COMPUSD | 22.978 | −0.0545 | get 0.0068% / 1h | 16m 05s | $231K | $89K | 20x |
| Short | Deribit COMP_USDC-PERPETUAL | 22.930 | −0.0621 | pay 0.0078% / 1h | 16m 05s | $335 | $327 | 50x |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$16.05
- Price spread: −0.207% → 0.000%
- −$20.71
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$53.76
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 46 min ago; Deribit: no order-book sample. 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 Kraken Futures live order book, 46 min ago | 9.68 bp | 37.6 bp −$38 | 281.5 bp −$2,815 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUALshort | −0.0621% | 1h | 22.930 | −0.207% | $335 | $327 | 50x | |
| Kraken Futures PF_COMPUSDlong | −0.0545% | 1h | 22.978 | long leg | $231K | $89K | 20x | |
| dYdX COMP-USD | −0.0071% | 1h | 22.960 | −0.077% | $70K | — | 5x | as long as short |
| BloFin COMP-USDT | +0.0074% | 8h | 22.980 | +0.011% | $241K | $168K | 20x | as long as short |
| MEXC COMP_USDT | +0.0095% | 8h | 22.930 | −0.207% | $2.6M | $814K | 20x | as long as short |
| Binance COMPUSDT | +0.0097% | 8h | 22.940 | −0.164% | $4.3M | $6.7M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.920 | −0.251% | $879K | $360K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.944 | −0.146% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.980 | +0.011% | $1.7M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.930 | −0.207% | $227K | $57K | 25x | as long as short |
dYdX COMP-USD
BloFin COMP-USDT
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.970 | −0.033% | $464K | $90K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.930 | −0.207% | $1.9M | $621K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.950 | −0.120% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.931 | −0.205% | $15K | $29K | — | as long as short |
| Injective COMP/USDC PERP | +0.0488% | 1h | 22.820 | −0.686% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0584% | 1h | 22.980 | +0.011% | $18K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX