Funding you earn now, next payment 00:00 UTC+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against BingX−0.089%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2162.161% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.089%, 7d avg +0.001%
=Funding pays, the price is against you. Gate is 0.090% cheaper against BingX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.001%). If the spread goes back, that is −$9 on $10k: about 45 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.162% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2242 | −0.0061 | get 0.0061% / 8h | 2h 15m | — | $2.4M | — |
| Short | Gate THETA_USDT | 0.2240 | 0.0100 | get 0.0100% / 8h | 2h 15m | $375K | $139K | 50x |
BingX THETA-USDT
Gate THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $33.81
- Price spread: −0.089% → +0.001%
- −$9.03
- Slippage, 4 orders
- −$191.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$191.36
- Costs to cover
- 2.161%
- Break-even
- 46.6 days
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 5 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, 3 min ago | 6.70 bp | 22.5 bp −$23 | 56.4 bp −$564 | 396.1 bp −$39.6K | 513.2 bp −$256.6K |
| Sell Gate live order book, 5 min ago | 6.70 bp | 82.5 bp −$83 | doesn't fit | doesn't fit | 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 | −0.0743% | 8h | 0.2242 | −0.005% | $287K | $69K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0342% | 1h | 0.2243 | +0.041% | $82K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0062% | 8h | 0.2237 | −0.223% | $646K | $1.3M | 20x | as long as short |
| BingX THETA-USDTlong | −0.0061% | 8h | 0.2242 | long leg | — | $2.4M | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.728% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2242 | −0.004% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2242 | 0.000% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2239 | −0.129% | $2.9M | $2.0M | 75x | as long as short |
| Gate THETA_USDTshort | +0.0100% | 8h | 0.2240 | −0.089% | $375K | $139K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2243 | +0.045% | $1.5M | $601K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
Injective THETA/USDC PERP
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 | 0.2243 | +0.045% | $979K | $116K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2241 | −0.045% | $1.3M | $677K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2240 | −0.089% | $161K | $192K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT