Funding you earn now, next payment 16:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.090%7-day average +0.071% · 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−$150as in the Price arb table
costs, in and out, $10k−$1521.518% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now +0.090%, 7d avg +0.071%
=The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: +$1 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 | 0.2217 | 0.0064 | pay 0.0064% / 8h | 6h 19m | $3.0M | $2.9M | 75x |
| Short | KuCoin THETAUSDTM | 0.2219 | 0.0100 | get 0.0100% / 8h | 6h 19m | $1.0M | $413K | 50x |
Bybit THETAUSDT
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $7.6
- Price spread: +0.090% → +0.071%
- $1.93
- Slippage, 4 orders
- −$128.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$142.27
- Costs to cover
- 1.518%
- Break-even
- 138.1 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago | 2.26 bp | 20.1 bp −$20 | 66.1 bp −$661 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.75 bp | 54.4 bp −$54 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
THETA on 13 exchanges
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 | −0.0431% | 8h | 0.2218 | +0.025% | $290K | $63K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0302% | 1h | 0.2220 | +0.147% | $79K | $68K | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.654% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0044% | 8h | 0.2218 | +0.045% | — | $2.4M | — | as long as short |
| Bybit THETAUSDTlong | +0.0064% | 8h | 0.2217 | long leg | $3.0M | $2.9M | 75x | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2222 | +0.218% | $16K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2219 | +0.090% | $3.1M | $5.9M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2217 | 0.000% | $609K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2222 | +0.226% | $377K | $145K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2219 | +0.090% | $1.4M | $522K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDT
MEXC THETA_USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTMshort | +0.0100% | 8h | 0.2219 | +0.090% | $1.0M | $413K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2220 | +0.135% | $1.2M | $882K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2221 | +0.180% | $153K | $171K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT