Funding you earn now, next payment 01:00 UTC−0.1110%/8h= −121.5% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against MEXC+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.108%+$11 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 0.091% dearer against MEXC than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% 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 | MEXC THETA_USDT | 0.2244 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $1.5M | $578K | 100x |
| Short | Kraken Futures PF_THETAUSD | 0.2246 | −0.1010 | pay 0.0126% / 1h | 33m 16s | $82K | $55K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$233.04
- Price spread: +0.091% → 0.000%
- $9.1
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$237.94
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 2.23 bp | 10.6 bp −$11 | 30.9 bp −$309 | 173.4 bp −$17.3K | 326.1 bp −$163.0K |
| 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 | +0.091% | $82K | $55K | 20x | |
| Variational Omni THETA | −0.0461% | 8h | 0.2241 | −0.127% | $293K | $74K | — | as long as short |
| BingX THETA-USDT | +0.0022% | 8h | 0.2242 | −0.089% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.813% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAP | +0.0039% | 8h | 0.2241 | −0.134% | $666K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2245 | +0.024% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2244 | −0.002% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2240 | −0.178% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2242 | −0.089% | $377K | $118K | 50x | as long as short |
| MEXC THETA_USDTlong | +0.0100% | 8h | 0.2244 | long leg | $1.5M | $578K | 100x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2246 | +0.089% | $1.2M | $228K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2245 | +0.045% | $1.3M | $626K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2247 | +0.134% | $160K | $176K | 75x | as long as short |
MEXC THETA_USDT
Kraken Futures PF_THETAUSD
Variational Omni THETA
BingX THETA-USDT
Injective THETA/USDC PERP
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
Gate THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT