Funding you earn now, next payment 01:00 UTC−0.0562%/8h= −61.5% APRpaid last 24h +0.214%
Price spread now: Kraken Futures against Variational Omni+0.328%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.328% dearer against Variational Omni than usual: you sell high and buy low (spread +0.328% now, against zero (this spread has no 7-day history yet)): +$33 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni THETA | 0.2243 | −0.0446 | get 0.0446% / 8h | 7h 26m | $293K | $74K | — |
| Short | Kraken Futures PF_THETAUSD | 0.2250 | −0.1008 | pay 0.0126% / 1h | 26m 06s | $82K | $55K | 20x |
Variational Omni THETA
Kraken Futures PF_THETAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- −$118.01
- Price spread: +0.328% → 0.000%
- $32.79
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$95.22
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 48 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 Variational Omni RFQ quote, 48 min ago | 6.71 bp | doesn't fit | 91.7 bp −$917 | 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 | −0.1008% | 1h | 0.2250 | +0.328% | $82K | $55K | 20x | |
| Variational Omni THETAlong | −0.0446% | 8h | 0.2243 | long leg | $293K | $74K | — | |
| BingX THETA-USDT | +0.0029% | 8h | 0.2245 | +0.083% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.776% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAP | +0.0045% | 8h | 0.2245 | +0.083% | $670K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2245 | +0.093% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2249 | +0.240% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2244 | +0.039% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2245 | +0.083% | $378K | $118K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2248 | +0.217% | $1.5M | $578K | 100x | as long as short |
BingX THETA-USDT
Injective THETA/USDC PERP
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
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 | 0.2247 | +0.173% | $1.2M | $228K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2249 | +0.262% | $1.3M | $611K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2245 | +0.083% | $160K | $176K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT