Funding you earn now, next payment 23:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h −0.014%
Price spread now: Injective against BingX−4.129%72s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 4.129% cheaper against BingX than usual: you would sell low and buy high (spread −4.129% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$413 on $10k: about 5 months of funding at the current rate (+$3 a day). The two prices were read 72 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 | BingX THETA-USDT | 0.2228 | −0.0068 | get 0.0068% / 8h | 1h 11m | — | $2.4M | — |
| Short | Injective THETA/USDC PERP | 0.2136 | 0.0033 | get 0.0004% / 1h | 11m 58s | $208 | $25K | 5.5x |
BingX THETA-USDT
Injective THETA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $21.28
- Price spread: −4.129% → 0.000%
- −$412.93
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$401.67
- Costs to cover
- 0.100%
- Break-even
- 139.1 days
Slippage unknown: BingX: live order book, 2 min ago; Injective: 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 BingX live order book, 2 min ago | 6.74 bp | 21.8 bp −$22 | 54.1 bp −$541 | 415.5 bp −$41.6K | 541.3 bp −$270.6K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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_THETAUSD | −0.1009% | 1h | 0.2233 | +0.229% | $81K | $58K | 20x | as long as short |
| Variational Omni THETA | −0.0620% | 8h | 0.2225 | −0.147% | $291K | $74K | — | as long as short |
| BingX THETA-USDTlong | −0.0068% | 8h | 0.2228 | long leg | — | $2.4M | — | |
| OKX THETA-USDT-SWAP | −0.0062% | 8h | 0.2228 | 0.000% | $662K | $1.3M | 20x | as long as short |
| Injective THETA/USDC PERPshort | +0.0033% | 1h | 0.2136 | −4.129% | $208 | $25K | 5.5x | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2231 | +0.128% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2231 | +0.136% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2228 | 0.000% | $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 | +0.090% | $1.4M | $587K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
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 | 0.2231 | +0.135% | $987K | $122K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2231 | +0.135% | $1.3M | $670K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2231 | +0.135% | $161K | $187K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT