Funding you earn now, next payment 04:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.083%
Price spread now: OKX against Kraken Futures−0.256%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.256%, 7d avg −0.139%
=Funding pays, the price is against you. OKX is 0.117% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.256% now, against its 7-day average of −0.139%). If the spread goes back, that is −$12 on $10k: about 33 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_COMPUSD | 22.798 | −0.0184 | get 0.0023% / 1h | 50m 45s | $226K | $93K | 20x |
| Short | OKX COMP-USDT-SWAP | 22.740 | 0.0100 | get 0.0100% / 8h | 4h 50m | $1.7M | $2.2M | 20x |
Kraken Futures PF_COMPUSD
OKX COMP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $59.69
- Price spread: −0.256% → −0.139%
- −$11.69
- Slippage, 4 orders
- −$99.38
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$71.39
- Costs to cover
- 1.194%
- Break-even
- 15.4 days
Slippage from Kraken Futures: live order book, 7 min ago; OKX: live order book, 1 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, 7 min ago | 21.41 bp | 31.5 bp −$32 | 275.9 bp −$2,759 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 4.38 bp | 21.0 bp −$21 | 648.4 bp −$6,484 | 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 | −0.0628% | 1h | 22.770 | −0.125% | $332 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0184% | 1h | 22.798 | long leg | $226K | $93K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.786 | −0.055% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0022% | 1h | 22.890 | +0.402% | $1K | $13K | 12x | as long as short |
| BloFin COMP-USDT | +0.0073% | 8h | 22.790 | −0.037% | $242K | $166K | 20x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.800 | +0.007% | $874K | $359K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.742 | −0.249% | $4.3M | $6.6M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.751 | −0.208% | $3.9M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAPshort | +0.0100% | 8h | 22.740 | −0.256% | $1.7M | $2.2M | 20x | |
| Gate COMP_USDT | +0.0100% | 8h | 22.820 | +0.095% | $226K | $51K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Injective COMP/USDC PERP
BloFin COMP-USDT
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
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 | 22.780 | −0.081% | $2.5M | $823K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.820 | +0.095% | $460K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.800 | +0.007% | $1.9M | $621K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.790 | −0.037% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.781 | −0.076% | $15K | $29K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0544% | 1h | 22.930 | +0.577% | $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