Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Binance0.000%111s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.055%+$6 on $10k
+Price spread, last 3 days (all we have)+0.055%+$6 · spread now 0.000%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance THETAUSDT | 0.2230 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $3.2M | $4.8M | 75x |
| Short | BloFin THETA-USDT | 0.2230 | 0.0220 | get 0.0220% / 8h | 1h 09m | $161K | $186K | 75x |
Binance THETAUSDT
BloFin THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: 0.000% → +0.001%
- −$0.05
- Slippage, 4 orders
- −$52.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.73
- Costs to cover
- 0.749%
- Break-even
- 20.8 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 65 min ago.
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 Binance live order book, 13 min ago | 2.24 bp | 21.6 bp −$22 | 85.7 bp −$857 | 3480.1 bp −$348.0K | doesn't fit |
| Sell BloFin live order book, 65 min ago | 2.23 bp | 22.0 bp −$22 | 39.7 bp −$397 | 181.5 bp −$18.1K | doesn't fit |
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_THETAUSD | −0.1010% | 1h | 0.2230 | +0.011% | $81K | $58K | 20x | as long as short |
| Variational Omni THETA | −0.0610% | 8h | 0.2227 | −0.148% | $291K | $74K | — | as long as short |
| BingX THETA-USDT | −0.0064% | 8h | 0.2228 | −0.090% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | −0.0062% | 8h | 0.2228 | −0.090% | $662K | $1.3M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.215% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2230 | +0.014% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDTlong | +0.0100% | 8h | 0.2230 | long leg | $3.2M | $4.8M | 75x | |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2226 | −0.188% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2229 | −0.045% | $372K | $139K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2230 | 0.000% | $1.4M | $589K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
BingX THETA-USDT
OKX THETA-USDT-SWAP
Injective THETA/USDC PERP
Aster 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 | 0.2230 | 0.000% | $987K | $122K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2229 | −0.045% | $1.3M | $670K | 50x | as long as short |
| BloFin THETA-USDTshort | +0.0220% | 8h | 0.2230 | 0.000% | $161K | $186K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT