Funding you earn now, next payment 00:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.045%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.045%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.035% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2238 | −0.0039 | get 0.0039% / 8h | 57m 53s | $664K | $1.4M | 20x |
| Short | Bitget THETAUSDT | 0.2239 | 0.0100 | get 0.0100% / 8h | 57m 53s | $1.3M | $704K | 50x |
OKX THETA-USDT-SWAP
Bitget THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $29.17
- Price spread: +0.045% → +0.009%
- $3.54
- Slippage, 4 orders
- −$81.15
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.45
- Costs to cover
- 1.032%
- Break-even
- 23.9 days
Slippage from OKX: live order book, 4 min ago; Bitget: 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 OKX live order book, 4 min ago | 2.24 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.47 bp | 23.4 bp −$23 | 56.6 bp −$566 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0576% | 8h | 0.2233 | −0.237% | $291K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0164% | 1h | 0.2241 | +0.141% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDT | −0.0050% | 8h | 0.2239 | +0.045% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAPlong | −0.0039% | 8h | 0.2238 | long leg | $664K | $1.4M | 20x | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.558% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2241 | +0.139% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2241 | +0.134% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2238 | −0.013% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2241 | +0.134% | $374K | $129K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2240 | +0.089% | $1.4M | $584K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
Gate THETA_USDT
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 | 0.2241 | +0.134% | $991K | $122K | 50x | as long as short |
| Bitget THETAUSDTshort | +0.0100% | 8h | 0.2239 | +0.045% | $1.3M | $704K | 50x | |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2236 | −0.089% | $161K | $187K | 75x | as long as short |
KuCoin THETAUSDTM
BloFin THETA-USDT