Funding you earn now, next payment 01:00 UTC+0.0778%/8h= +85.1% APRpaid last 24h +0.068%
Price spread now: OKX against Kraken Futures−0.140%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days+0.278%+$28 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.140%, 7d avg −0.138%
=The price spread sits at its 7-day average of −0.138%, so right now this pair is about funding alone: +$23 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 0.278% in total (about 14.5% 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 | 22.742 | −0.0678 | get 0.0085% / 1h | 30m 26s | $228K | $91K | 20x |
| Short | OKX COMP-USDT-SWAP | 22.710 | 0.0100 | get 0.0100% / 8h | 7h 30m | $1.6M | $2.1M | 20x |
Kraken Futures PF_COMPUSD
OKX COMP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $163.29
- Price spread: −0.140% → −0.138%
- −$0.28
- Slippage, 4 orders
- −$89.29
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $53.72
- Costs to cover
- 1.093%
- Break-even
- 4.7 days
Slippage from Kraken Futures: live order book, 42 min ago; OKX: 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, 42 min ago | 9.10 bp | 35.3 bp −$35 | 297.5 bp −$2,975 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.20 bp | 21.3 bp −$21 | 504.0 bp −$5,040 | 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 | −0.1070% | 1h | 22.700 | −0.184% | $331 | $327 | 50x | as long as short |
| Kraken Futures PF_COMPUSDlong | −0.0678% | 1h | 22.742 | long leg | $228K | $91K | 20x | |
| dYdX COMP-USD | 0.0000% | 1h | 22.717 | −0.111% | $69K | — | 5x | as long as short |
| Injective COMP/USDC PERP | +0.0033% | 1h | 22.340 | −1.767% | $2K | $13K | 12x | as long as short |
| Hyperliquid COMP | +0.0100% | 1h | 22.723 | −0.083% | $863K | $415K | 5x | as long as short |
| Binance COMPUSDT | +0.0100% | 8h | 22.695 | −0.207% | $4.3M | $6.9M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.720 | −0.096% | $3.8M | $1.9M | 75x | as long as short |
| OKX COMP-USDT-SWAPshort | +0.0100% | 8h | 22.710 | −0.140% | $1.6M | $2.1M | 20x | |
| Gate COMP_USDT | +0.0100% | 8h | 22.670 | −0.316% | $221K | $63K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.690 | −0.228% | $2.8M | $792K | 20x | as long as short |
Deribit COMP_USDC-PERPETUAL
dYdX COMP-USD
Injective COMP/USDC PERP
Hyperliquid COMP
Binance COMPUSDT
Bybit COMPUSDT
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 | 22.720 | −0.096% | $458K | $91K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.700 | −0.184% | $1.9M | $615K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.710 | −0.140% | — | $36.0M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.701 | −0.178% | $15K | $31K | — | as long as short |
| BloFin COMP-USDT | +0.0121% | 8h | 22.680 | −0.272% | $237K | $158K | 20x | as long as short |
| Coinbase International COMP-PERP-INTX | +0.0200% | 1h | 22.740 | −0.009% | $17K | $50K | 25x | as long as short |
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP
BloFin COMP-USDT
Coinbase International COMP-PERP-INTX