Funding you earn now, next payment 09:00 UTC−0.0575%/8h= −63.0% APRpaid last 24h −0.126%
Price spread now: Kraken Futures against Binance+0.124%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days−0.295%−$30 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.124%, 7d avg +0.131%
=The price spread sits at its 7-day average of +0.131%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.295% in total (about -15.4% 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 | Binance COMPUSDT | 22.446 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $4.2M | $6.6M | 75x |
| Short | Kraken Futures PF_COMPUSD | 22.474 | −0.0475 | pay 0.0059% / 1h | 37m 37s | $222K | $96K | 20x |
Binance COMPUSDT
Kraken Futures PF_COMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$120.82
- Price spread: +0.124% → +0.131%
- −$0.61
- Slippage, 4 orders
- −$103.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$244.76
- Costs to cover
- 1.233%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Kraken Futures: live order book, 60 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 Binance live order book, 16 min ago | 2.22 bp | 17.5 bp −$18 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 60 min ago | 31.52 bp | 49.1 bp −$49 | 104.0 bp −$1,040 | 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 | −0.0640% | 1h | 22.440 | −0.027% | $283 | $507 | 50x | as long as short |
| Kraken Futures PF_COMPUSDshort | −0.0475% | 1h | 22.474 | +0.124% | $222K | $96K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.466 | +0.090% | $68K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.820 | +1.666% | $1K | $13K | 12x | as long as short |
| BloFin COMP-USDT | +0.0072% | 8h | 22.450 | +0.017% | $234K | $185K | 20x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.482 | +0.160% | $811K | $340K | 5x | as long as short |
| Binance COMPUSDTlong | +0.0100% | 8h | 22.446 | long leg | $4.2M | $6.6M | 75x | |
| Bybit COMPUSDT | +0.0100% | 8h | 22.460 | +0.062% | $3.8M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.460 | +0.062% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.430 | −0.072% | $218K | $58K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Injective COMP/USDC PERP
BloFin COMP-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COMP_USDT | +0.0100% | 8h | 22.440 | −0.027% | $2.5M | $842K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.460 | +0.062% | $405K | $112K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.440 | −0.027% | $1.9M | $612K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.440 | −0.027% | — | $14.1M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.436 | −0.044% | $14K | $29K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0792% | 1h | 22.620 | +0.775% | $16K | $43K | 25x | as long as short |
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX