Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Gate−0.178%108s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1551.555% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)+0.226%+$23 · spread now −0.178%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.201% cheaper against Gate than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of +0.023%). If the spread goes back, that is −$20 on $10k: about 5.6 days of funding at the current rate (+$4 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate THETA_USDT | 0.2244 | 0.0100 | pay 0.0100% / 8h | 3m 17s | $376K | $135K | 50x |
| Short | BloFin THETA-USDT | 0.2240 | 0.0220 | get 0.0220% / 8h | 3m 17s | $159K | $188K | 75x |
Gate THETA_USDT
BloFin THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.178% → +0.023%
- −$20.13
- Slippage, 4 orders
- −$128.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$150.42
- Costs to cover
- 1.555%
- Break-even
- 48.8 days
Slippage from Gate: live order book, 7 min ago; BloFin: live order book, 1 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, 7 min ago | 4.47 bp | 55.1 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 6.68 bp | 23.0 bp −$23 | 53.9 bp −$539 | 234.2 bp −$23.4K | 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 | −0.0515% | 8h | 0.2234 | −0.437% | $292K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0163% | 1h | 0.2248 | +0.177% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDT | +0.0003% | 8h | 0.2245 | +0.045% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | +0.0012% | 8h | 0.2247 | +0.134% | $669K | $1.4M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.813% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2246 | +0.093% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2248 | +0.169% | $3.2M | $5.0M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2244 | 0.000% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDTlong | +0.0100% | 8h | 0.2244 | long leg | $376K | $135K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2247 | +0.134% | $1.5M | $605K | 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
Binance THETAUSDT
Bybit 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 | 0.2248 | +0.178% | $1.1M | $183K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2247 | +0.134% | $1.3M | $679K | 50x | as long as short |
| BloFin THETA-USDTshort | +0.0220% | 8h | 0.2240 | −0.178% | $159K | $188K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT