Funding you earn now, next payment 22:00 UTC+0.0949%/8h= +103.9% APRpaid last 24h +0.053%
Price spread now: MEXC against Kraken Futures−0.197%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now −0.197%, 7d avg −0.142%
=Funding pays, the price is against you. MEXC is 0.054% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.142%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.261% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% 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 | 22.364 | −0.0849 | get 0.0106% / 1h | 1m 11s | $235K | $83K | 20x |
| Short | MEXC COMP_USDT | 22.320 | 0.0100 | get 0.0100% / 8h | 2h 01m | $2.7M | $865K | 20x |
Kraken Futures PF_COMPUSD
MEXC COMP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $199.28
- Price spread: −0.197% → −0.142%
- −$5.45
- Slippage, 4 orders
- −$78.71
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $101.12
- Costs to cover
- 0.927%
- Break-even
- 3.4 days
Slippage from Kraken Futures: live order book, 21 min ago; MEXC: live order book, 1 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, 21 min ago | 13.98 bp | 39.9 bp −$40 | 464.0 bp −$4,640 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.24 bp | 8.3 bp −$8 | 19.3 bp −$193 | 166.6 bp −$16.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COMP/USDC PERP | −0.1289% | 1h | 22.340 | −0.107% | $2K | $13K | 12x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.1092% | 1h | 22.320 | −0.197% | $326 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0849% | 1h | 22.364 | long leg | $235K | $83K | 20x | |
| Coinbase International COMP-PERP-INTX | −0.0024% | 1h | 22.530 | +0.742% | $18K | $53K | 25x | as long as short |
| dYdX COMP-USD | −0.0014% | 1h | 22.330 | −0.152% | $68K | — | 5x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.334 | −0.136% | $836K | $519K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.320 | −0.197% | $4.2M | $7.8M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.310 | −0.241% | $3.8M | $2.1M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.300 | −0.286% | $1.6M | $2.3M | 20x | as long as short |
| Gate COMP_USDT | +0.0100% | 8h | 22.320 | −0.197% | $218K | $83K | 25x | as long as short |
Injective COMP/USDC PERP
Deribit COMP_USDC-PERPETUAL
Coinbase International COMP-PERP-INTX
dYdX COMP-USD
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_USDTshort | +0.0100% | 8h | 22.320 | −0.197% | $2.7M | $865K | 20x | |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.340 | −0.107% | $451K | $102K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.330 | −0.152% | $1.9M | $730K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.300 | −0.286% | — | $36.4M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.304 | −0.268% | $15K | $37K | — | as long as short |
| BloFin COMP-USDT | +0.0124% | 8h | 22.310 | −0.241% | $238K | $148K | 20x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT