Funding you earn now, next payment 02:00 UTC−0.0717%/8h= −78.5% APRpaid last 24h −0.070%
Price spread now: Kraken Futures against Gate+0.123%51s7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2152.150% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 3 days (all we have)+0.034%+$3 · spread now +0.123%, 7d avg +0.133%
=The price spread sits at its 7-day average of +0.133%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate. The two prices were read 51 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 -0.304% in total (about -15.9% 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 | Gate COMP_USDT | 22.880 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $224K | $57K | 25x |
| Short | Kraken Futures PF_COMPUSD | 22.908 | −0.0617 | pay 0.0077% / 1h | 22m 25s | $230K | $89K | 20x |
Gate COMP_USDT
Kraken Futures PF_COMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$150.59
- Price spread: +0.123% → +0.133%
- −$0.97
- Slippage, 4 orders
- −$190.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$366.58
- Costs to cover
- 2.150%
- Break-even
- never at this rate
Slippage from Gate: live order book, 39 min ago; Kraken Futures: live order book, 45 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 Gate live order book, 39 min ago | 6.61 bp | 68.8 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 45 min ago | 9.16 bp | 31.3 bp −$31 | 109.0 bp −$1,090 | doesn't fit | doesn't fit |
COMP on 15 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 | −0.0623% | 1h | 22.890 | +0.044% | $334 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDshort | −0.0617% | 1h | 22.908 | +0.123% | $230K | $89K | 20x | |
| dYdX COMP-USD | −0.0007% | 1h | 22.916 | +0.157% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.620 | −1.136% | $2K | $13K | 12x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.890 | +0.044% | $880K | $362K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.864 | −0.072% | $4.3M | $6.8M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.874 | −0.026% | $3.9M | $2.0M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.810 | −0.306% | $1.6M | $2.1M | 20x | as long as short |
| Gate COMP_USDTlong | +0.0100% | 8h | 22.880 | long leg | $224K | $57K | 25x | |
| MEXC COMP_USDT | +0.0100% | 8h | 22.880 | 0.000% | $2.6M | $819K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Injective COMP/USDC PERP
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
MEXC COMP_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.910 | +0.131% | $460K | $89K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.890 | +0.044% | $1.9M | $625K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.870 | −0.044% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.821 | −0.257% | $15K | $29K | — | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0232% | 1h | 22.930 | +0.219% | $18K | $45K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Coinbase International COMP-PERP-INTX