Funding you earn now, next payment 23:00 UTC+0.0410%/8h= +44.9% APRnext payment +$0.51 per $10,000 · paid last 24h −0.025%
Price spread now: Injective against Kraken Futures−0.738%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+0.053%+$5 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 0.738% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.738% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$74 on $10k: about 6.0 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.053% in total) that is about 3 months. 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 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 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 | 22.506 | −0.0859 | get 0.0107% / 1h | 17m 54s | $237K | $62K | 20x |
| Short | Injective COMP/USDC PERP | 22.340 | −0.0449 | pay 0.0056% / 1h | 17m 54s | $2K | $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
- $86.12
- Price spread: −0.738% → 0.000%
- −$73.85
- 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
- $2.25
- Costs to cover
- 0.100%
- Break-even
- 6.8 days
Slippage unknown: Kraken Futures: live order book, 65 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, 65 min ago | 13.98 bp | 39.9 bp −$40 | 464.0 bp −$4,640 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COMPUSDlong | −0.0859% | 1h | 22.506 | long leg | $237K | $62K | 20x | |
| Deribit COMP_USDC-PERPETUAL | −0.0640% | 1h | 22.460 | −0.205% | $328 | $327 | 50x | as long as short |
| Injective COMP/USDC PERPshort | −0.0449% | 1h | 22.340 | −0.738% | $2K | $13K | 12x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.487 | −0.084% | $68K | — | 5x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0040% | 1h | 22.520 | +0.061% | $18K | $53K | 25x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.486 | −0.090% | $844K | $493K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.454 | −0.231% | $4.2M | $7.2M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.450 | −0.250% | $3.8M | $2.0M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.460 | −0.205% | $1.6M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.460 | −0.205% | $220K | $78K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Coinbase International COMP-PERP-INTX
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COMP_USDT | +0.0100% | 8h | 22.450 | −0.250% | $2.7M | $844K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.480 | −0.116% | $454K | $94K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.450 | −0.250% | $1.9M | $673K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.470 | −0.161% | — | $36.0M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.467 | −0.173% | $15K | $37K | — | as long as short |
| BloFin COMP-USDT | +0.0122% | 8h | 22.480 | −0.116% | $236K | $148K | 20x | as long as short |
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT