Funding you earn now, next payment 01:00 UTC−0.1230%/8h= −134.6% APRpaid last 24h +0.044%
Price spread now: Kraken Futures against BloFin+0.190%117s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.190% dearer against BloFin than usual: you sell high and buy low (spread +0.190% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 12 hours. The two prices were read 117 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 0.044% in total (about 2.3% 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 | BloFin THETA-USDT | 0.2242 | 0.0220 | pay 0.0220% / 8h | 7h 35m | $160K | $188K | 75x |
| Short | Kraken Futures PF_THETAUSD | 0.2246 | −0.1010 | pay 0.0126% / 1h | 35m 24s | $82K | $55K | 20x |
BloFin THETA-USDT
Kraken Futures PF_THETAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$258.22
- Price spread: +0.190% → 0.000%
- $18.97
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$261.25
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 29 min ago; Kraken Futures: 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 BloFin live order book, 29 min ago | 6.68 bp | 17.7 bp −$18 | 37.1 bp −$371 | 296.3 bp −$29.6K | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
THETA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_THETAUSDshort | −0.1010% | 1h | 0.2246 | +0.190% | $82K | $55K | 20x | |
| Variational Omni THETA | −0.0461% | 8h | 0.2241 | −0.038% | $293K | $74K | — | as long as short |
| BingX THETA-USDT | +0.0022% | 8h | 0.2243 | +0.045% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.728% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAP | +0.0035% | 8h | 0.2241 | −0.045% | $666K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2244 | +0.098% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2244 | +0.089% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2241 | −0.058% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2242 | 0.000% | $377K | $118K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2244 | +0.089% | $1.5M | $578K | 100x | as long as short |
Variational Omni THETA
BingX THETA-USDT
Injective THETA/USDC PERP
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
Gate THETA_USDT
MEXC THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2245 | +0.134% | $1.2M | $227K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2245 | +0.134% | $1.3M | $626K | 50x | as long as short |
| BloFin THETA-USDTlong | +0.0220% | 8h | 0.2242 | long leg | $160K | $188K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT