Funding you earn now, next payment 09:00 UTC+0.0507%/8h= +55.5% APRnext payment +$0.63 per $10,000 · paid last 24h +0.048%
Price spread now: Injective against Kraken Futures+1.214%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 1.214% dearer against Kraken Futures than usual: you sell high and buy low: +$121 more if the spread goes back to zero (this spread has no 7-day history yet). 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 +$0.63 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 | 22.546 | −0.0474 | get 0.0059% / 1h | 46m 03s | $223K | $96K | 20x |
| Short | Injective COMP/USDC PERP | 22.820 | 0.0033 | get 0.0004% / 1h | 46m 03s | $1K | $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
- $106.5
- Price spread: +1.214% → 0.000%
- $121.42
- 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
- $217.9
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 51 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, 51 min ago | 31.52 bp | 37.4 bp −$37 | 323.3 bp −$3,233 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit COMP_USDC-PERPETUAL | −0.0638% | 1h | 22.510 | −0.161% | $284 | $507 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0474% | 1h | 22.546 | long leg | $223K | $96K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.526 | −0.089% | $68K | — | 5x | as long as short |
| Injective COMP/USDC PERPshort | +0.0033% | 1h | 22.820 | +1.214% | $1K | $13K | 12x | |
| Hyperliquid COMP | +0.0100% | 1h | 22.546 | −0.001% | $814K | $340K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.510 | −0.161% | $4.2M | $6.6M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.520 | −0.116% | $3.8M | $1.7M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.520 | −0.116% | $1.7M | $2.3M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.520 | −0.116% | $219K | $58K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.500 | −0.205% | $2.6M | $821K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAP
Gate COMP_USDT
MEXC COMP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.520 | −0.116% | $406K | $112K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.500 | −0.205% | $1.9M | $612K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.510 | −0.161% | — | $14.1M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.516 | −0.133% | $14K | $24K | — | as long as short |
| BloFin COMP-USDT | +0.0129% | 8h | 22.490 | −0.249% | $233K | $177K | 20x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0792% | 1h | 22.620 | +0.327% | $16K | $43K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX