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 Gate−0.129%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2282.275% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.298%+$30 · spread now −0.129%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.155% cheaper against Gate than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate THETA_USDT | 0.2231 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $373K | $139K | 50x |
| Short | Binance THETAUSDT | 0.2228 | 0.0100 | get 0.0100% / 8h | 2h 39m | $3.2M | $4.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.129% → +0.025%
- −$15.46
- Slippage, 4 orders
- −$202.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$242.99
- Costs to cover
- 2.275%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 min ago; Binance: live order book, 13 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 Gate live order book, 45 min ago | 8.97 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.25 bp | 20.1 bp −$20 | 62.5 bp −$625 | 372.4 bp −$37.2K | 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 | −0.0796% | 8h | 0.2228 | −0.134% | $261K | $44K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0344% | 1h | 0.2231 | −0.021% | $81K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0079% | 8h | 0.2227 | −0.179% | $640K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0076% | 8h | 0.2229 | −0.090% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.258% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2231 | −0.017% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDTshort | +0.0100% | 8h | 0.2228 | −0.129% | $3.2M | $4.8M | 75x | |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2227 | −0.179% | $2.9M | $2.0M | 75x | as long as short |
| Gate THETA_USDTlong | +0.0100% | 8h | 0.2231 | long leg | $373K | $139K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2229 | −0.090% | $1.5M | $596K | 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 | 0.2231 | 0.000% | $974K | $116K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2230 | −0.045% | $1.3M | $678K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2231 | 0.000% | $162K | $191K | 75x | as long as short |
Gate THETA_USDT
Binance THETAUSDT
Variational Omni THETA
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Bybit THETAUSDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT