Funding you earn now, next payment 02:00 UTC+0.0332%/8h= +36.3% APRpaid last 24h +0.045%
Price spread now: Kraken Futures against Bitget+0.261%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.261% dearer against Bitget than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 0.127% in total (about 6.6% 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 | Bitget THETAUSDT | 0.2224 | 0.0100 | pay 0.0100% / 8h | 6h 40m | $1.3M | $606K | 50x |
| Short | Kraken Futures PF_THETAUSD | 0.2230 | 0.0432 | get 0.0054% / 1h | 40m 25s | $81K | $55K | 20x |
Bitget THETAUSDT
Kraken Futures PF_THETAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $69.71
- Price spread: +0.261% → 0.000%
- $26.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $73.77
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 2.24 bp | 24.8 bp −$25 | 73.2 bp −$732 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0376% | 8h | 0.2227 | +0.119% | $291K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.957% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2223 | −0.045% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2228 | +0.180% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2224 | 0.000% | $3.1M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2221 | −0.135% | $2.9M | $2.0M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2222 | −0.090% | $652K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2223 | −0.045% | $377K | $121K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2223 | −0.045% | $1.4M | $569K | 100x | as long as short |
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2226 | +0.090% | $1.2M | $229K | 50x | 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_USDT
KuCoin THETAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget THETAUSDTlong | +0.0100% | 8h | 0.2224 | long leg | $1.3M | $606K | 50x | |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2236 | +0.540% | $159K | $175K | 75x | as long as short |
| Kraken Futures PF_THETAUSDshort | +0.0432% | 1h | 0.2230 | +0.261% | $81K | $55K | 20x |
BloFin THETA-USDT