Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.9% APRpaid last 24h −0.181%
Price spread now: Variational Omni against Kraken Futures+0.189%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Variational Omni is 0.189% dearer against Kraken Futures than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_THETAUSD | 0.2239 | −0.0500 | get 0.0063% / 1h | 47m 10s | $82K | $35K | 20x |
| Short | Variational Omni THETA | 0.2244 | −0.0200 | pay 0.0200% / 8h | 4h 47m | $293K | $74K | — |
Kraken Futures PF_THETAUSD
Variational Omni THETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $63.05
- Price spread: +0.189% → 0.000%
- $18.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $71.99
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 12 min ago. 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 Variational Omni RFQ quote, 12 min ago | 8.91 bp | doesn't fit | 120.3 bp −$1,203 | doesn't fit | doesn't fit |
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_THETAUSDlong | −0.0500% | 1h | 0.2239 | long leg | $82K | $35K | 20x | |
| Variational Omni THETAshort | −0.0200% | 8h | 0.2244 | +0.189% | $293K | $74K | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.616% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2244 | +0.207% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2245 | +0.249% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2243 | +0.162% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2242 | +0.118% | $3.1M | $2.1M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2243 | +0.162% | $629K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2244 | +0.207% | $391K | $127K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2242 | +0.118% | $1.4M | $551K | 100x | as long as short |
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
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 | 0.2241 | +0.073% | $1.0M | $309K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2244 | +0.207% | $1.3M | $602K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2242 | +0.118% | $160K | $179K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT