Funding you earn now, next payment 01:00 UTC+0.1109%/8h= +121.5% APRpaid last 24h −0.066%
Price spread now: Gate against Kraken Futures−0.175%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−0.042%−$4 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. Gate is 0.175% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 13 hours of funding at the current rate (+$33 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% 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 | 0.2247 | −0.1009 | get 0.0126% / 1h | 27m 11s | $82K | $55K | 20x |
| Short | Gate THETA_USDT | 0.2243 | 0.0100 | get 0.0100% / 8h | 7h 27m | $378K | $118K | 50x |
Kraken Futures PF_THETAUSD
Gate THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $232.96
- Price spread: −0.175% → 0.000%
- −$17.52
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $190.43
- Costs to cover
- 0.250%
- Break-even
- 1.3 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 43 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 Gate live order book, 43 min ago | 4.47 bp | 59.7 bp −$60 | doesn't fit | 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 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_THETAUSDlong | −0.1009% | 1h | 0.2247 | long leg | $82K | $55K | 20x | |
| Variational Omni THETA | −0.0457% | 8h | 0.2241 | −0.280% | $293K | $74K | — | as long as short |
| BingX THETA-USDT | +0.0027% | 8h | 0.2243 | −0.175% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.937% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAP | +0.0043% | 8h | 0.2242 | −0.220% | $667K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2244 | −0.127% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2245 | −0.086% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2240 | −0.309% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDTshort | +0.0100% | 8h | 0.2243 | −0.175% | $378K | $118K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2244 | −0.131% | $1.5M | $578K | 100x | as long as short |
Variational Omni THETA
BingX THETA-USDT
Injective THETA/USDC PERP
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
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 | 0.2245 | −0.086% | $1.2M | $228K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2246 | −0.042% | $1.3M | $612K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2245 | −0.086% | $160K | $176K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT