Funding you earn now, next payment 05:00 UTC−0.0695%/8h= −76.0% APRpaid last 24h +0.023%
Price spread now: Kraken Futures against KuCoin+0.049%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+0.116%+$12 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 0.049% dearer against KuCoin than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.116%, 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 0.116% in total (about 6.1% 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 | KuCoin THETAUSDTM | 0.2259 | 0.0100 | pay 0.0100% / 8h | 3h 05m | $1.0M | $398K | 50x |
| Short | Kraken Futures PF_THETAUSD | 0.2260 | −0.0595 | pay 0.0074% / 1h | 5m 03s | $89K | $55K | 20x |
KuCoin THETAUSDTM
Kraken Futures PF_THETAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$145.85
- Price spread: +0.049% → 0.000%
- $4.94
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$162.91
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 4.41 bp | 54.6 bp −$55 | 143.4 bp −$1,434 | doesn't fit | doesn't fit |
| 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 | −0.0595% | 1h | 0.2260 | +0.049% | $89K | $55K | 20x | |
| Variational Omni THETA | −0.0218% | 8h | 0.2274 | +0.646% | $297K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.445% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2259 | 0.000% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2258 | −0.031% | $16K | $18K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2257 | −0.089% | $3.3M | $5.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2256 | −0.124% | $3.2M | $2.5M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2256 | −0.133% | $632K | $1.4M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2260 | +0.044% | $385K | $157K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2259 | 0.000% | $1.3M | $600K | 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 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTMlong | +0.0100% | 8h | 0.2259 | long leg | $1.0M | $398K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2260 | +0.044% | $1.3M | $810K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2262 | +0.133% | $162K | $187K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT