Funding you earn now, next payment 05:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h +0.057%
Price spread now: dYdX against Kraken Futures+0.169%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and dYdX is 0.169% dearer against Kraken Futures than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 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 | 22.687 | −0.0284 | get 0.0035% / 1h | 26m 21s | $225K | $94K | 20x |
| Short | dYdX COMP-USD | 22.726 | 0 | get 0.0000% / 1h | 26m 21s | $69K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $59.57
- Price spread: +0.169% → 0.000%
- $16.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $56.49
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: live order book, 26 min ago; dYdX: 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, 26 min ago | 12.92 bp | 37.2 bp −$37 | 333.8 bp −$3,338 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0632% | 1h | 22.660 | −0.120% | $331 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0284% | 1h | 22.687 | long leg | $225K | $94K | 20x | |
| dYdX COMP-USDshort | 0.0000% | 1h | 22.726 | +0.169% | $69K | — | 5x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.674 | −0.059% | $868K | $346K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.657 | −0.131% | $4.3M | $6.3M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.680 | −0.032% | $3.9M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.670 | −0.076% | $1.7M | $2.2M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.700 | +0.056% | $221K | $54K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.650 | −0.164% | $2.5M | $815K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.700 | +0.056% | $459K | $87K | 30x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget COMPUSDT | +0.0100% | 8h | 22.660 | −0.120% | $1.9M | $575K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.660 | −0.120% | — | $34.7M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.791 | +0.457% | $14K | $30K | — | as long as short |
| BloFin COMP-USDT | +0.0124% | 8h | 22.710 | +0.100% | $243K | $174K | 20x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0408% | 1h | 22.980 | +1.290% | $18K | $44K | 25x | as long as short |
| Injective COMP/USDC PERP | +0.0542% | 1h | 22.820 | +0.585% | $1K | $13K | 12x | as long as short |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX
Injective COMP/USDC PERP