Funding you earn now, next payment 01:00 UTC+0.1043%/8h= +114.2% APRnext payment +$1.30 per $10,000 · paid last 24h −0.086%
Price spread now: Injective against Kraken Futures−4.905%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 4.905% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −4.905% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$490 on $10k: about 16 days of funding at the current rate (+$31 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_THETAUSD | 0.2246 | −0.1010 | get 0.0126% / 1h | 38m 12s | $82K | $55K | 20x |
| Short | Injective THETA/USDC PERP | 0.2136 | 0.0033 | get 0.0004% / 1h | 38m 12s | $208 | $25K | 5.5x |
Kraken Futures PF_THETAUSD
Injective THETA/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
- $219.03
- Price spread: −4.905% → 0.000%
- −$490.49
- 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
- −$281.48
- Costs to cover
- 0.100%
- Break-even
- 16.0 days
Slippage unknown: Kraken Futures: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
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_THETAUSDlong | −0.1010% | 1h | 0.2246 | long leg | $82K | $55K | 20x | |
| Variational Omni THETA | −0.0468% | 8h | 0.2242 | −0.179% | $293K | $74K | — | as long as short |
| BingX THETA-USDT | +0.0019% | 8h | 0.2242 | −0.186% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | +0.0031% | 8h | 0.2240 | −0.275% | $666K | $1.3M | 20x | as long as short |
| Injective THETA/USDC PERPshort | +0.0033% | 1h | 0.2136 | −4.905% | $208 | $25K | 5.5x | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2244 | −0.097% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2244 | −0.081% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2240 | −0.253% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2244 | −0.097% | $378K | $117K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2244 | −0.097% | $1.5M | $577K | 100x | as long as short |
Variational Omni THETA
BingX THETA-USDT
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 | −0.052% | $1.2M | $227K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2244 | −0.097% | $1.3M | $628K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2242 | −0.186% | $160K | $188K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT