Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.164%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.164%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.074% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC THETA_USDT | 0.2254 | 0.0100 | pay 0.0100% / 8h | 3h 58m | $1.4M | $565K | 100x |
| Short | Bybit THETAUSDT | 0.2250 | 0.0100 | get 0.0100% / 8h | 3h 58m | $3.1M | $2.1M | 75x |
MEXC THETA_USDT
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.164% → −0.090%
- −$7.44
- Slippage, 4 orders
- −$50.24
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$72.68
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 2.22 bp | 6.6 bp −$7 | 30.5 bp −$305 | 169.7 bp −$17.0K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.44 bp | 21.6 bp −$22 | 68.9 bp −$689 | doesn't fit | 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 | −0.0595% | 1h | 0.2257 | +0.125% | $82K | $34K | 20x | as long as short |
| Variational Omni THETA | −0.0203% | 8h | 0.2253 | −0.040% | $295K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.235% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2254 | 0.000% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2255 | +0.066% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2253 | −0.025% | $3.1M | $4.9M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2250 | −0.164% | $3.1M | $2.1M | 75x | |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2255 | +0.044% | $631K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2252 | −0.089% | $380K | $134K | 50x | as long as short |
| MEXC THETA_USDTlong | +0.0100% | 8h | 0.2254 | long leg | $1.4M | $565K | 100x |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance 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 | 0.2253 | −0.044% | $1.1M | $320K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2255 | +0.044% | $1.3M | $671K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2254 | 0.000% | $158K | $180K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT