Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment −$1.38 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against Gate+0.045%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2372.367% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.045%, 7d avg −0.001%
=The price spread pays, funding is against you. BingX is 0.046% dearer against Gate than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.001%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate THETA_USDT | 0.2221 | 0.0100 | pay 0.0100% / 8h | 2h 57m | $372K | $137K | 50x |
| Short | BingX THETA-USDT | 0.2222 | −0.0038 | pay 0.0038% / 8h | 2h 57m | — | $2.4M | — |
Gate THETA_USDT
BingX THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$28.98
- Price spread: +0.045% → −0.001%
- $4.61
- Slippage, 4 orders
- −$211.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$261.05
- Costs to cover
- 2.367%
- Break-even
- never at this rate
Slippage from Gate: live order book, 27 min ago; BingX: live order book, 7 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, 27 min ago | 8.97 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 8.98 bp | 22.3 bp −$22 | 54.1 bp −$541 | 292.9 bp −$29.3K | 498.5 bp −$249.3K |
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 | −0.0797% | 8h | 0.2224 | +0.114% | $233K | $16K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0345% | 1h | 0.2224 | +0.157% | $81K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0054% | 8h | 0.2218 | −0.135% | $639K | $1.3M | 20x | as long as short |
| BingX THETA-USDTshort | −0.0038% | 8h | 0.2222 | +0.045% | — | $2.4M | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.827% | $208 | $25K | 5.5x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2219 | −0.090% | $2.8M | $1.9M | 75x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2224 | +0.118% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2221 | 0.000% | $3.2M | $4.7M | 75x | as long as short |
| Gate THETA_USDTlong | +0.0100% | 8h | 0.2221 | long leg | $372K | $137K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2223 | +0.090% | $1.5M | $594K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
OKX THETA-USDT-SWAP
Injective THETA/USDC PERP
Bybit THETAUSDT
Aster THETAUSDT
Binance THETAUSDT
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 | 0.2223 | +0.090% | $955K | $111K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2224 | +0.135% | $1.4M | $665K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2227 | +0.270% | $161K | $191K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT