Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against MEXC−0.181%109s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as 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−$570.568% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.181%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.190% cheaper against MEXC than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of +0.010%). If the spread goes back, that is −$19 on $10k: about 5.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.064% in total) that is about 21 days. The two prices were read 109 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 | MEXC THETA_USDT | 0.2215 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $1.4M | $591K | 100x |
| Short | BloFin THETA-USDT | 0.2211 | 0.0220 | get 0.0220% / 8h | 1h 31m | $154K | $191K | 75x |
MEXC THETA_USDT
BloFin THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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: −0.181% → +0.010%
- −$19.01
- Slippage, 4 orders
- −$40.79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$50.6
- Costs to cover
- 0.568%
- Break-even
- 21.1 days
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 44 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 MEXC live order book, 5 min ago | 2.26 bp | 11.9 bp −$12 | 29.7 bp −$297 | 162.9 bp −$16.3K | doesn't fit |
| Sell BloFin live order book, 44 min ago | 4.50 bp | 21.4 bp −$21 | 44.2 bp −$442 | 211.1 bp −$21.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_THETAUSD | −0.0668% | 1h | 0.2212 | −0.138% | $87K | $62K | 20x | as long as short |
| Variational Omni THETA | −0.0214% | 8h | 0.2208 | −0.333% | $289K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.567% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2213 | −0.090% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2212 | −0.136% | $16K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2212 | −0.136% | $3.1M | $6.2M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2209 | −0.266% | $3.0M | $2.8M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2211 | −0.181% | $615K | $1.4M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2212 | −0.135% | $370K | $158K | 50x | as long as short |
| MEXC THETA_USDTlong | +0.0100% | 8h | 0.2215 | long leg | $1.4M | $591K | 100x |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2211 | −0.181% | $1.0M | $419K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2215 | 0.000% | $1.2M | $876K | 50x | as long as short |
| BloFin THETA-USDTshort | +0.0220% | 8h | 0.2211 | −0.181% | $154K | $191K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT