Funding you earn now, next payment 06:00 UTC+0.0631%/8h= +69.1% APRpaid last 24h +0.098%
Price spread now: Bybit against Kraken Futures−0.104%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1381.380% of the position
Funding, last 7 days+0.312%+$31 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.104%, 7d avg −0.090%
=The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: +$19 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 0.312% in total (about 16.3% 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 | Kraken Futures PF_COMPUSD | 22.473 | −0.0531 | get 0.0066% / 1h | 15m 18s | $222K | $95K | 20x |
| Short | Bybit COMPUSDT | 22.450 | 0.0100 | get 0.0100% / 8h | 2h 15m | $3.8M | $1.7M | 75x |
Kraken Futures PF_COMPUSD
Bybit COMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $132.59
- Price spread: −0.104% → −0.090%
- −$1.47
- Slippage, 4 orders
- −$116.96
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$6.84
- Costs to cover
- 1.380%
- Break-even
- 7.4 days
Slippage from Kraken Futures: live order book, 32 min ago; Bybit: live order book, 2 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, 32 min ago | 11.28 bp | 37.0 bp −$37 | 299.7 bp −$2,997 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.23 bp | 30.8 bp −$31 | 75.4 bp −$754 | 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 | −0.149% | $215 | $439 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0531% | 1h | 22.473 | long leg | $222K | $95K | 20x | |
| dYdX COMP-USD | −0.0057% | 1h | 22.456 | −0.080% | $68K | — | 5x | as long as short |
| BloFin COMP-USDT | +0.0046% | 8h | 22.440 | −0.149% | $235K | $176K | 20x | as long as short |
| Binance COMPUSDT | +0.0061% | 8h | 22.432 | −0.186% | $4.2M | $6.6M | 75x | as long as short |
| MEXC COMP_USDT | +0.0061% | 8h | 22.440 | −0.149% | $2.4M | $783K | 20x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.454 | −0.087% | $815K | $372K | 5x | as long as short |
| Bybit COMPUSDTshort | +0.0100% | 8h | 22.450 | −0.104% | $3.8M | $1.7M | 75x | |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.450 | −0.104% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.440 | −0.149% | $220K | $58K | 25x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
BloFin COMP-USDT
Binance COMPUSDT
MEXC COMP_USDT
Hyperliquid COMP
OKX COMP-USDT-SWAP
Gate COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.450 | −0.104% | $406K | $111K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.430 | −0.193% | $1.9M | $600K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.450 | −0.104% | — | $34.4M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.426 | −0.210% | $14K | $30K | — | as long as short |
| Injective COMP/USDC PERP | +0.0239% | 1h | 22.820 | +1.542% | $1K | $13K | 12x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0384% | 1h | 22.980 | +2.254% | $18K | $44K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
Injective COMP/USDC PERP
Coinbase International COMP-PERP-INTX