Funding you earn now, next payment 03:00 UTC+0.0573%/8h= +62.8% APRpaid last 24h −0.045%
Price spread now: KuCoin against Kraken Futures−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.097%−$10 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. KuCoin is 0.063% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% 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 | 0.2256 | −0.0473 | get 0.0059% / 1h | 50m 54s | $82K | $55K | 20x |
| Short | KuCoin THETAUSDTM | 0.2255 | 0.0100 | get 0.0100% / 8h | 5h 50m | $1.1M | $290K | 50x |
Kraken Futures PF_THETAUSD
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $120.42
- Price spread: −0.063% → 0.000%
- −$6.28
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $92.14
- Costs to cover
- 0.220%
- Break-even
- 1.6 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 4.45 bp | 35.7 bp −$36 | 98.7 bp −$987 | 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 12 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 | −0.0473% | 1h | 0.2256 | long leg | $82K | $55K | 20x | |
| Variational Omni THETA | −0.0295% | 8h | 0.2253 | −0.171% | $294K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.337% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2252 | −0.196% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2253 | −0.173% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2255 | −0.043% | $3.2M | $4.7M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2254 | −0.107% | $3.0M | $2.0M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2254 | −0.107% | $653K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2255 | −0.063% | $383K | $120K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2256 | −0.018% | $1.4M | $545K | 100x | as long as short |
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_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTMshort | +0.0100% | 8h | 0.2255 | −0.063% | $1.1M | $290K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2256 | −0.018% | $1.3M | $603K | 50x | as long as short |
Bitget THETAUSDT