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: BloFin against Bybit+0.089%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$900.902% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.089%, 7d avg +0.104%
=The price spread sits at its 7-day average of +0.104%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit THETAUSDT | 0.2252 | 0.0100 | pay 0.0100% / 8h | 3h 55m | $3.1M | $2.1M | 75x |
| Short | BloFin THETA-USDT | 0.2254 | 0.0220 | get 0.0220% / 8h | 3h 55m | $158K | $180K | 75x |
Bybit THETAUSDT
BloFin THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.089% → +0.104%
- −$1.48
- Slippage, 4 orders
- −$67.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.53
- Costs to cover
- 0.902%
- Break-even
- 25.5 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 35 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 | 4.45 bp | 20.7 bp −$21 | 64.6 bp −$646 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 35 min ago | 2.20 bp | 26.9 bp −$27 | 65.1 bp −$651 | 254.6 bp −$25.5K | 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 | −0.0596% | 1h | 0.2255 | +0.123% | $82K | $34K | 20x | as long as short |
| Variational Omni THETA | −0.0208% | 8h | 0.2247 | −0.217% | $294K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.151% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2253 | +0.044% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2253 | +0.066% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2256 | +0.156% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDTlong | +0.0100% | 8h | 0.2252 | long leg | $3.1M | $2.1M | 75x | |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2253 | +0.044% | $630K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2251 | −0.044% | $380K | $134K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2257 | +0.222% | $1.4M | $567K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
OKX THETA-USDT-SWAP
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 | 0.2252 | 0.000% | $1.1M | $320K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2255 | +0.133% | $1.3M | $672K | 50x | as long as short |
| BloFin THETA-USDTshort | +0.0220% | 8h | 0.2254 | +0.089% | $158K | $180K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT