Funding you earn now, next payment 04:00 UTC+0.0205%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h −0.003%
Price spread now: Injective against Kraken Futures−0.268%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.268% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.268% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 4.4 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.093% in total) that is about 20 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 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 | Kraken Futures PF_COMPUSD | 22.951 | −0.0183 | get 0.0023% / 1h | 3m 40s | $227K | $93K | 20x |
| Short | Injective COMP/USDC PERP | 22.890 | 0.0022 | get 0.0003% / 1h | 3m 40s | $1K | $13K | 12x |
Kraken Futures PF_COMPUSD
Injective COMP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $43.03
- Price spread: −0.268% → 0.000%
- −$26.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $6.23
- Costs to cover
- 0.100%
- Break-even
- 6.0 days
Slippage unknown: Kraken Futures: live order book, 54 min ago; Injective: 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, 54 min ago | 21.41 bp | 31.5 bp −$32 | 275.9 bp −$2,759 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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-PERPETUAL | −0.0622% | 1h | 22.910 | −0.181% | $334 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0183% | 1h | 22.951 | long leg | $227K | $93K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.946 | −0.025% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERPshort | +0.0022% | 1h | 22.890 | −0.268% | $1K | $13K | 12x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.954 | +0.011% | $879K | $346K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.940 | −0.050% | $4.3M | $6.3M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.950 | −0.006% | $3.9M | $1.8M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.970 | +0.081% | $1.8M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.960 | +0.037% | $226K | $54K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.940 | −0.050% | $2.5M | $831K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.960 | +0.037% | $463K | $87K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.950 | −0.006% | $1.9M | $577K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.930 | −0.093% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.896 | −0.242% | $14K | $30K | — | as long as short |
| BloFin COMP-USDT | +0.0102% | 8h | 22.900 | −0.224% | $243K | $166K | 20x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0544% | 1h | 22.980 | +0.124% | $18K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX