Funding you earn now, next payment 07:00 UTC+0.0765%/8h= +83.8% APRpaid last 24h −0.006%
Price spread now: Bitget against Kraken Futures−0.022%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.176%−$18 on $10k
+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. Bitget is 0.022% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour. The two prices were read 58 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 -0.176% in total (about -9.2% 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 | Kraken Futures PF_THETAUSD | 0.2223 | −0.0665 | get 0.0083% / 1h | 54m 23s | $88K | $64K | 20x |
| Short | Bitget THETAUSDT | 0.2223 | 0.0100 | get 0.0100% / 8h | 1h 54m | $1.2M | $865K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $160.64
- Price spread: −0.022% → 0.000%
- −$2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $136.42
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 4.49 bp | 23.5 bp −$23 | 65.3 bp −$653 | 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 | −0.0665% | 1h | 0.2223 | long leg | $88K | $64K | 20x | |
| Variational Omni THETA | −0.0210% | 8h | 0.2226 | +0.095% | $291K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.935% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2222 | −0.067% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2225 | +0.048% | $16K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2223 | −0.022% | $3.1M | $6.2M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2220 | −0.157% | $3.0M | $2.8M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2221 | −0.112% | $619K | $1.5M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2222 | −0.067% | $372K | $158K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2222 | −0.067% | $1.4M | $589K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2221 | −0.112% | $1.0M | $418K | 50x | as long as short |
| Bitget THETAUSDTshort | +0.0100% | 8h | 0.2223 | −0.022% | $1.2M | $865K | 50x | |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2225 | +0.068% | $156K | $192K | 75x | as long as short |
Kraken Futures PF_THETAUSD
Bitget THETAUSDT
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDT
MEXC THETA_USDT
KuCoin THETAUSDTM
BloFin THETA-USDT