Settings8H · net · $10k
Funding arb · Price arb /

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.045%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2902.897% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.045%, 7d avg +0.010%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.055% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate THETA_USDT0.22380.0100pay 0.0100% / 8h7h 13m$376K$153K50x
ShortKuCoin THETAUSDTM0.22370.0100get 0.0100% / 8h7h 13m$1.0M$415K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.045% → +0.010%
−$5.51
Slippage, 4 orders
−$262.69
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$295.2
Costs to cover
2.897%
Break-even
never at this rate
Slippage from Gate: live order book, 16 min ago; KuCoin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 16 min ago6.81 bp67.2 bp −$67doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago4.47 bp52.7 bp −$53123.9 bp −$1,239doesn't fitdoesn't fit

THETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni THETA−0.0325%8h0.2232−0.283%$292K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0148%1h0.2239+0.057%$80K$70K20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.558%$208$25K5.5xas long as short
BingX THETA-USDT+0.0048%8h0.2237−0.045%$2.5Mas long as short
Bybit THETAUSDT+0.0095%8h0.2234−0.179%$3.0M$2.8M75xas long as short
Aster THETAUSDT+0.0100%8h0.2235−0.138%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2236−0.089%$3.2M$6.1M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2235−0.134%$627K$1.4M20xas long as short
Gate THETA_USDTlong+0.0100%8h0.2238long leg$376K$153K50x
MEXC THETA_USDT+0.0100%8h0.2235−0.134%$1.4M$563K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMshort+0.0100%8h0.2237−0.045%$1.0M$415K50x
Bitget THETAUSDT+0.0100%8h0.22380.000%$1.2M$902K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2234−0.179%$154K$196K75xas long as short