THETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.022%

Price spread now: Binance against BloFin+0.089%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$790.790% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.089%, 7d avg −0.002%

Together, before fees−0.176%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.090% dearer against BloFin than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of −0.002%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.065% in total) that is about 9.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin THETA-USDT	0.2250	0.0220	pay 0.0220% / 8h	7h 12m	$160K	$175K	75x
Short	Binance THETAUSDT	0.2252	0.0100	get 0.0100% / 8h	7h 12m	$3.2M	$4.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.089%Rate

Funding earned: −$25.2
Price spread: +0.089% → −0.002%: $9.05
Slippage, 4 orders: −$57
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$95.15
Costs to cover: 0.790%
Break-even: never at this rate

Slippage from BloFin: live order book, 52 min ago; Binance: live order book, 10 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 BloFin live order book, 52 min ago	6.68 bp	17.7 bp −$18	37.1 bp −$371	296.3 bp −$29.6K	doesn't fit
Sell Binance live order book, 10 min ago	2.22 bp	18.3 bp −$18	63.1 bp −$631	401.2 bp −$40.1K	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	−0.1006%	1h	0.2254	+0.160%	$82K	$55K	20x	as long as short
Variational Omni THETA	−0.0435%	8h	0.2245	−0.238%	$293K	$74K	—	as long as short
Injective THETA/USDC PERP	+0.0033%	1h	0.2136	−5.067%	$208	$25K	5.5x	as long as short
BingX THETA-USDT	+0.0037%	8h	0.2251	+0.044%	—	$2.4M	—	as long as short
OKX THETA-USDT-SWAP	+0.0063%	8h	0.2250	0.000%	$671K	$1.3M	20x	as long as short
Aster THETAUSDT	+0.0100%	8h	0.2253	+0.133%	$8K	$3K	5x	as long as short
Binance THETAUSDTshort	+0.0100%	8h	0.2252	+0.089%	$3.2M	$4.8M	75x
Bybit THETAUSDT	+0.0100%	8h	0.2250	+0.004%	$3.0M	$2.0M	75x	as long as short
Gate THETA_USDT	+0.0100%	8h	0.2251	+0.044%	$379K	$118K	50x	as long as short
MEXC THETA_USDT	+0.0100%	8h	0.2252	+0.089%	$1.5M	$580K	100x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin THETAUSDTM	+0.0100%	8h	0.2253	+0.133%	$1.2M	$230K	50x	as long as short
Bitget THETAUSDT	+0.0100%	8h	0.2252	+0.089%	$1.3M	$612K	50x	as long as short
BloFin THETA-USDTlong	+0.0220%	8h	0.2250	long leg	$160K	$175K	75x