Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against OKX+0.179%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.213%−$21 · spread now +0.179%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.187% dearer against OKX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2229 | −0.0069 | get 0.0069% / 8h | 2h 30m | $641K | $1.3M | 20x |
| Short | BingX THETA-USDT | 0.2233 | −0.0070 | pay 0.0070% / 8h | 2h 30m | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- −$0.26
- Price spread: +0.179% → −0.008%
- $18.7
- Slippage, 4 orders
- −$90.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$92.42
- Costs to cover
- 1.109%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 9 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 OKX live order book, 1 min ago | 2.24 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.73 bp | 21.6 bp −$22 | 54.2 bp −$542 | 290.3 bp −$29.0K | 474.2 bp −$237.1K |
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 | −0.0791% | 8h | 0.2231 | +0.085% | $274K | $57K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0343% | 1h | 0.2235 | +0.249% | $81K | $58K | 20x | as long as short |
| BingX THETA-USDTshort | −0.0070% | 8h | 0.2233 | +0.179% | — | $2.4M | — | |
| OKX THETA-USDT-SWAPlong | −0.0069% | 8h | 0.2229 | long leg | $641K | $1.3M | 20x | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.172% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2234 | +0.232% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2233 | +0.172% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2231 | +0.090% | $2.9M | $2.0M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2233 | +0.179% | $373K | $139K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2233 | +0.179% | $1.5M | $597K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2236 | +0.314% | $976K | $116K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2233 | +0.179% | $1.3M | $678K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2233 | +0.179% | $161K | $191K | 75x | as long as short |
OKX THETA-USDT-SWAP
BingX THETA-USDT
Variational Omni THETA
Kraken Futures PF_THETAUSD
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
Gate THETA_USDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT