Funding you earn now, next payment 01:00 UTC−0.1064%/8h= −116.5% APRpaid last 24h +0.078%
Price spread now: Kraken Futures against BingX+0.281%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+0.201%+$20 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 0.281% dearer against BingX than usual: you sell high and buy low (spread +0.281% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.201%, 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 0.201% in total (about 10.5% 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 | BingX THETA-USDT | 0.2232 | 0.0051 | pay 0.0051% / 8h | 7h 02m | — | $2.4M | — |
| Short | Kraken Futures PF_THETAUSD | 0.2238 | −0.1013 | pay 0.0127% / 1h | 2m 42s | $82K | $55K | 20x |
BingX THETA-USDT
Kraken Futures PF_THETAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- −$223.49
- Price spread: +0.281% → 0.000%
- $28.06
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$215.43
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 17 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 BingX live order book, 17 min ago | 6.70 bp | 25.2 bp −$25 | 55.0 bp −$550 | 421.4 bp −$42.1K | 539.8 bp −$269.9K |
| 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 | −0.1013% | 1h | 0.2238 | +0.281% | $82K | $55K | 20x | |
| Variational Omni THETA | −0.0407% | 8h | 0.2241 | +0.407% | $293K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.301% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTlong | +0.0051% | 8h | 0.2232 | long leg | — | $2.4M | — | |
| OKX THETA-USDT-SWAP | +0.0077% | 8h | 0.2230 | −0.090% | $666K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2239 | +0.303% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2235 | +0.126% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2232 | 0.000% | $2.9M | $2.0M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2236 | +0.179% | $381K | $121K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2236 | +0.179% | $1.5M | $581K | 100x | as long as short |
Variational Omni THETA
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 | 0.2238 | +0.269% | $1.2M | $230K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2233 | +0.045% | $1.3M | $606K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2233 | +0.045% | $159K | $175K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT