Settings8H · net · $10k
Funding arb · Price arb /

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0763%/8h= −83.6% APRpaid last 24h −0.012%
Price spread now: Kraken Futures against MEXC+0.024%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.024% dearer against MEXC than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.148%, 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 0.148% in total (about 7.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC THETA_USDT0.22280.0100pay 0.0100% / 8h1h 25m$1.4M$591K100x
ShortKraken Futures PF_THETAUSD0.2229−0.0663pay 0.0083% / 1h25m 46s$86K$64K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$160.32
Price spread: +0.024% → 0.000%
$2.43
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$171.89
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: MEXC: 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago4.51 bp15.1 bp −$1535.0 bp −$350177.8 bp −$17.8Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_THETAUSDshort−0.0663%1h0.2229+0.024%$86K$64K20x
Variational Omni THETA−0.0195%8h0.2222−0.264%$290K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.129%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2226−0.090%$2.5Mas long as short
Aster THETAUSDT+0.0100%8h0.2227−0.023%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2228−0.011%$3.1M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2227−0.031%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.22280.000%$620K$1.4M20xas long as short
Gate THETA_USDT+0.0100%8h0.22280.000%$373K$158K50xas long as short
MEXC THETA_USDTlong+0.0100%8h0.2228long leg$1.4M$591K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.22280.000%$1.0M$418K50xas long as short
Bitget THETAUSDT+0.0100%8h0.22280.000%$1.2M$875K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2215−0.583%$154K$192K75xas long as short