Funding you earn now, next payment 00:00 UTC+0.0102%/8h= +11.2% APRnext payment +$1.02 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BingX+0.133%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$680.677% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.133%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.108% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2239 | −0.0002 | get 0.0002% / 8h | 8m 12s | — | $2.4M | — |
| Short | Binance THETAUSDT | 0.2242 | 0.0100 | get 0.0100% / 8h | 8m 12s | $3.2M | $5.0M | 75x |
BingX THETA-USDT
Binance THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $21.42
- Price spread: +0.133% → +0.025%
- $10.77
- Slippage, 4 orders
- −$47.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.56
- Costs to cover
- 0.677%
- Break-even
- 18.6 days
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 14 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 BingX live order book, 11 min ago | 4.47 bp | 16.9 bp −$17 | 51.7 bp −$517 | 382.1 bp −$38.2K | 509.2 bp −$254.6K |
| Sell Binance live order book, 14 min ago | 4.46 bp | 18.4 bp −$18 | 63.4 bp −$634 | 354.0 bp −$35.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0527% | 8h | 0.2232 | −0.327% | $292K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0164% | 1h | 0.2242 | +0.146% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDTlong | −0.0002% | 8h | 0.2239 | long leg | — | $2.4M | — | |
| OKX THETA-USDT-SWAP | +0.0004% | 8h | 0.2239 | 0.000% | $667K | $1.4M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.600% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2240 | +0.057% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDTshort | +0.0100% | 8h | 0.2242 | +0.133% | $3.2M | $5.0M | 75x | |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2238 | −0.058% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2238 | −0.045% | $375K | $135K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2242 | +0.134% | $1.4M | $603K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
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 | 0.2241 | +0.089% | $1.1M | $175K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2241 | +0.089% | $1.3M | $714K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2235 | −0.179% | $159K | $187K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT