Funding you earn now, next payment 03:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h +0.057%
Price spread now: Kraken Futures against BingX+0.027%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+0.203%+$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 0.027% dearer against BingX than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.203%, 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 0.203% in total (about 10.6% 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 | 0.2274 | 0.0070 | pay 0.0070% / 8h | 5h 30m | — | $2.4M | — |
| Short | Kraken Futures PF_THETAUSD | 0.2275 | −0.0470 | pay 0.0059% / 1h | 30m 09s | $83K | $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
- −$113.32
- Price spread: +0.027% → 0.000%
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$130.63
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 4 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, 4 min ago | 6.61 bp | 21.7 bp −$22 | 53.5 bp −$535 | 396.2 bp −$39.6K | 518.6 bp −$259.3K |
| 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 | −0.0470% | 1h | 0.2275 | +0.027% | $83K | $55K | 20x | |
| Variational Omni THETA | −0.0247% | 8h | 0.2272 | −0.108% | $297K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −6.069% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTlong | +0.0070% | 8h | 0.2274 | long leg | — | $2.4M | — | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2276 | +0.074% | $8K | $4K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2276 | +0.088% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2274 | 0.000% | $3.1M | $2.1M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2275 | +0.044% | $658K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2274 | 0.000% | $397K | $129K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2275 | +0.044% | $1.5M | $556K | 100x | as long as short |
Variational Omni THETA
Injective THETA/USDC PERP
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 THETAUSDTM | +0.0100% | 8h | 0.2275 | +0.044% | $1.1M | $306K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2276 | +0.088% | $1.3M | $610K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2277 | +0.132% | $162K | $178K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT