Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRnext payment +$1.26 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against BingX+0.089%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1631.626% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.089%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.074% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2256 | −0.0026 | get 0.0026% / 8h | 48m 00s | — | $2.4M | — |
| Short | KuCoin THETAUSDTM | 0.2258 | 0.0100 | get 0.0100% / 8h | 48m 00s | $1.0M | $122K | 50x |
BingX THETA-USDT
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $26.46
- Price spread: +0.089% → +0.015%
- $7.38
- Slippage, 4 orders
- −$140.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$128.81
- Costs to cover
- 1.626%
- Break-even
- 41.1 days
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 21 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, 1 min ago | 2.22 bp | 19.0 bp −$19 | 48.4 bp −$484 | 393.9 bp −$39.4K | 530.8 bp −$265.4K |
| Sell KuCoin live order book, 21 min ago | 11.20 bp | 51.6 bp −$52 | 117.4 bp −$1,174 | 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 | −0.0544% | 8h | 0.2259 | +0.120% | $295K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0163% | 1h | 0.2256 | −0.009% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDTlong | −0.0026% | 8h | 0.2256 | long leg | — | $2.4M | — | |
| OKX THETA-USDT-SWAP | −0.0021% | 8h | 0.2253 | −0.133% | $667K | $1.4M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.319% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2257 | +0.042% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2255 | −0.039% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2252 | −0.168% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2258 | +0.089% | $377K | $131K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2256 | 0.000% | $1.4M | $587K | 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
Gate THETA_USDT
MEXC THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTMshort | +0.0100% | 8h | 0.2258 | +0.089% | $1.0M | $122K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2258 | +0.089% | $1.4M | $720K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2261 | +0.222% | $161K | $189K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT