Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.025%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now +0.025%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.067% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit THETAUSDT | 0.2233 | 0.0100 | pay 0.0100% / 8h | 2h 35m | $2.9M | $2.0M | 75x |
| Short | Binance THETAUSDT | 0.2234 | 0.0100 | get 0.0100% / 8h | 2h 35m | $3.2M | $4.8M | 75x |
Bybit THETAUSDT
Binance THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: +0.025% → +0.092%
- −$6.68
- Slippage, 4 orders
- −$77.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$105.29
- Costs to cover
- 0.986%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: 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 Bybit live order book, 2 min ago | 4.48 bp | 26.6 bp −$27 | 88.1 bp −$881 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.48 bp | 19.7 bp −$20 | 63.1 bp −$631 | 372.7 bp −$37.3K | 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 | −0.0803% | 8h | 0.2230 | −0.115% | $267K | $50K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0343% | 1h | 0.2236 | +0.114% | $81K | $58K | 20x | as long as short |
| BingX THETA-USDT | −0.0079% | 8h | 0.2235 | +0.090% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | −0.0073% | 8h | 0.2233 | 0.000% | $642K | $1.3M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.344% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2235 | +0.088% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDTshort | +0.0100% | 8h | 0.2234 | +0.025% | $3.2M | $4.8M | 75x | |
| Bybit THETAUSDTlong | +0.0100% | 8h | 0.2233 | long leg | $2.9M | $2.0M | 75x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2232 | −0.045% | $373K | $139K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2235 | +0.090% | $1.5M | $597K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
BingX THETA-USDT
OKX THETA-USDT-SWAP
Injective THETA/USDC PERP
Aster 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 | 0.2235 | +0.090% | $976K | $116K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2234 | +0.045% | $1.3M | $678K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2236 | +0.134% | $162K | $191K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT