How compact do you want them? E.g., I have some Bushnell 7x50s and I don't often carry them since I got some Minox 6.5x32s which to me are quite compact, but I would guess most people's idea of compact would be something with objective lenses under 30mm. Is that what you mean?
What is the budget? I got those Minox binoculars from Camera Land Inc, a site sponsor, for what I think is a very good price for something of their quality. They are certainly a big step up from cheap Bushnell and Simmons models. I have heard many people speak well of the optical quality/ per $ of Vortex and of Brunton binoculars.