Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against OKX−0.134%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1041.036% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.134%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.060% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2244 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $631K | $1.3M | 20x |
| Short | Bybit THETAUSDT | 0.2241 | 0.0100 | get 0.0100% / 8h | 4h 50m | $3.1M | $2.1M | 75x |
OKX THETA-USDT-SWAP
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- Price spread: −0.134% → −0.074%
- −$5.99
- Slippage, 4 orders
- −$82.61
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.6
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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 | 2.23 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.46 bp | 20.8 bp −$21 | 66.0 bp −$660 | 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 | −0.0499% | 1h | 0.2247 | +0.124% | $82K | $35K | 20x | as long as short |
| Variational Omni THETA | −0.0200% | 8h | 0.2244 | −0.017% | $293K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.813% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2248 | +0.178% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2249 | +0.225% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2243 | −0.045% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2241 | −0.134% | $3.1M | $2.1M | 75x | |
| OKX THETA-USDT-SWAPlong | +0.0100% | 8h | 0.2244 | long leg | $631K | $1.3M | 20x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2248 | +0.178% | $392K | $127K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2247 | +0.134% | $1.4M | $551K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance 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 | 0.2248 | +0.178% | $1.1M | $314K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2248 | +0.178% | $1.3M | $602K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2244 | 0.000% | $160K | $179K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT