Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against BingX+0.045%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.045%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.023% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2227 | 0.0070 | pay 0.0070% / 8h | 2h 19m | — | $2.5M | — |
| Short | MEXC THETA_USDT | 0.2228 | 0.0100 | get 0.0100% / 8h | 2h 19m | $1.3M | $584K | 100x |
BingX THETA-USDT
MEXC THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $6.3
- Price spread: +0.045% → +0.022%
- $2.33
- Slippage, 4 orders
- −$56.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.52
- Costs to cover
- 0.701%
- Break-even
- 75.4 days
Slippage from BingX: live order book, 15 min ago; MEXC: live order book, 2 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, 15 min ago | 2.25 bp | 17.3 bp −$17 | 51.7 bp −$517 | 391.0 bp −$39.1K | 525.5 bp −$262.8K |
| Sell MEXC live order book, 2 min ago | 2.25 bp | 10.2 bp −$10 | 36.3 bp −$363 | 175.0 bp −$17.5K | 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 | −0.0410% | 1h | 0.2228 | +0.023% | $88K | $64K | 20x | as long as short |
| Variational Omni THETA | −0.0199% | 8h | 0.2217 | −0.444% | $290K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.086% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTlong | +0.0070% | 8h | 0.2227 | long leg | — | $2.5M | — | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2228 | +0.065% | $16K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2228 | +0.045% | $3.1M | $6.2M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2225 | −0.099% | $3.0M | $2.8M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2225 | −0.090% | $622K | $1.5M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2226 | −0.045% | $373K | $165K | 50x | as long as short |
| MEXC THETA_USDTshort | +0.0100% | 8h | 0.2228 | +0.045% | $1.3M | $584K | 100x |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2226 | −0.045% | $1.0M | $417K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2228 | +0.045% | $1.2M | $874K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2218 | −0.404% | $155K | $191K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT