Funding you earn now, next payment 07:00 UTC−0.0414%/8h= −45.3% APRnext payment −$0.52 per $10,000 · paid last 24h −0.018%
Price spread now: Kraken Futures against Injective−0.725%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−0.089%−$9 on $10k
+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 −$12 a day on $10k at the current rate, and Kraken Futures is 0.725% cheaper against Injective than usual: you would sell low and buy high (−$73 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.52 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 | Injective COMP/USDC PERP | 22.820 | 0.0033 | pay 0.0004% / 1h | 56m 22s | $1K | $13K | 12x |
| Short | Kraken Futures PF_COMPUSD | 22.655 | −0.0381 | pay 0.0048% / 1h | 56m 22s | $224K | $95K | 20x |
Injective COMP/USDC PERP
Kraken Futures PF_COMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$86.94
- Price spread: −0.725% → 0.000%
- −$72.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$169.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 51 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 51 min ago | 11.28 bp | 32.4 bp −$32 | 96.6 bp −$966 | doesn't fit | doesn't fit |
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 | −0.1074% | 1h | 22.630 | −0.833% | $217 | $439 | 50x | as long as short |
| Kraken Futures PF_COMPUSDshort | −0.0381% | 1h | 22.655 | −0.725% | $224K | $95K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.640 | −0.789% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERPlong | +0.0033% | 1h | 22.820 | long leg | $1K | $13K | 12x | |
| BloFin COMP-USDT | +0.0054% | 8h | 22.560 | −1.139% | $235K | $177K | 20x | as long as short |
| MEXC COMP_USDT | +0.0082% | 8h | 22.630 | −0.833% | $2.6M | $815K | 20x | as long as short |
| Binance COMPUSDT | +0.0086% | 8h | 22.630 | −0.831% | $4.2M | $6.6M | 75x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.644 | −0.773% | $815K | $377K | 5x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.651 | −0.741% | $3.9M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.650 | −0.745% | $1.7M | $2.3M | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
BloFin COMP-USDT
MEXC COMP_USDT
Binance COMPUSDT
Hyperliquid COMP
Bybit COMPUSDT
OKX COMP-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate COMP_USDT | +0.0100% | 8h | 22.660 | −0.701% | $221K | $59K | 25x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.660 | −0.701% | $407K | $111K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.640 | −0.789% | $1.9M | $613K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.650 | −0.745% | — | $34.4M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.566 | −1.114% | $14K | $30K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0520% | 1h | 22.720 | −0.438% | $17K | $43K | 25x | as long as short |
Gate COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX