Funding you earn now, next payment 01:00 UTC+0.0772%/8h= +84.5% APRpaid last 24h +0.068%
Price spread now: MEXC against Kraken Futures−0.176%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.176%, 7d avg −0.145%
=Funding pays, the price is against you. MEXC is 0.031% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.176% now, against its 7-day average of −0.145%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.277% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.277% in total (about 14.5% a year). A funding rate is set anew for every payment. 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 | 22.930 | −0.0672 | get 0.0084% / 1h | 14m 02s | $230K | $91K | 20x |
| Short | MEXC COMP_USDT | 22.890 | 0.0100 | get 0.0100% / 8h | 7h 14m | $2.7M | $818K | 20x |
Kraken Futures PF_COMPUSD
MEXC COMP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $162.12
- Price spread: −0.176% → −0.145%
- −$3.13
- Slippage, 4 orders
- −$66.35
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $78.65
- Costs to cover
- 0.803%
- Break-even
- 3.6 days
Slippage from Kraken Futures: live order book, 58 min ago; MEXC: live order book, 3 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, 58 min ago | 9.10 bp | 35.3 bp −$35 | 297.5 bp −$2,975 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.19 bp | 8.5 bp −$9 | 20.2 bp −$202 | 160.6 bp −$16.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COMPUSDlong | −0.0672% | 1h | 22.930 | long leg | $230K | $91K | 20x | |
| Deribit COMP_USDC-PERPETUAL | −0.0187% | 1h | 22.890 | −0.176% | $334 | $327 | 50x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.906 | −0.105% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.340 | −2.575% | $2K | $13K | 12x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.933 | +0.011% | $876K | $417K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.915 | −0.065% | $4.3M | $6.9M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.936 | +0.024% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.900 | −0.133% | $1.6M | $2.1M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.880 | −0.220% | $223K | $64K | 25x | as long as short |
| MEXC COMP_USDTshort | +0.0100% | 8h | 22.890 | −0.176% | $2.7M | $818K | 20x |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.910 | −0.089% | $462K | $91K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.910 | −0.089% | $1.9M | $613K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.900 | −0.133% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.811 | −0.519% | $15K | $31K | — | as long as short |
| BloFin COMP-USDT | +0.0129% | 8h | 22.840 | −0.394% | $238K | $160K | 20x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0200% | 1h | 22.900 | −0.133% | $18K | $51K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX