Funding you earn now, next payment 02:00 UTC−0.0212%/8h= −23.3% APRpaid last 24h −0.044%
Price spread now: BloFin against Kraken Futures+0.222%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 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. BloFin is 0.222% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.222% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.044% in total) that is about 36 days. The two prices were read 57 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 -0.044% in total (about -2.3% 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 | 0.2227 | 0.0432 | pay 0.0054% / 1h | 58m 18s | $81K | $55K | 20x |
| Short | BloFin THETA-USDT | 0.2232 | 0.0220 | get 0.0220% / 8h | 6h 58m | $161K | $162K | 75x |
Kraken Futures PF_THETAUSD
BloFin THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$44.62
- Price spread: +0.222% → 0.000%
- $22.2
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.42
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 4.48 bp | 21.6 bp −$22 | 48.6 bp −$486 | 223.0 bp −$22.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0410% | 8h | 0.2225 | −0.110% | $291K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.089% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0055% | 8h | 0.2224 | −0.137% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | +0.0078% | 8h | 0.2224 | −0.137% | $662K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2229 | +0.100% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2227 | −0.005% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2223 | −0.182% | $2.9M | $2.0M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2224 | −0.137% | $380K | $117K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2226 | −0.047% | $1.4M | $562K | 100x | as long as short |
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2228 | +0.042% | $1.2M | $230K | 50x | as long as short |
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
Gate THETA_USDT
MEXC THETA_USDT
KuCoin THETAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget THETAUSDT | +0.0100% | 8h | 0.2226 | −0.047% | $1.3M | $606K | 50x | as long as short |
| BloFin THETA-USDTshort | +0.0220% | 8h | 0.2232 | +0.222% | $161K | $162K | 75x | |
| Kraken Futures PF_THETAUSDlong | +0.0432% | 1h | 0.2227 | long leg | $81K | $55K | 20x |
Bitget THETAUSDT