Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against OKX+0.223%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1461.463% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.223%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.182% dearer against OKX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2241 | 0.0039 | pay 0.0039% / 8h | 7h 33m | $666K | $1.3M | 20x |
| Short | KuCoin THETAUSDTM | 0.2246 | 0.0100 | get 0.0100% / 8h | 7h 33m | $1.2M | $228K | 50x |
OKX THETA-USDT-SWAP
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $12.91
- Price spread: +0.223% → +0.041%
- $18.21
- Slippage, 4 orders
- −$124.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$115.19
- Costs to cover
- 1.463%
- Break-even
- 69.4 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago | 2.23 bp | 27.3 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.23 bp | 37.3 bp −$37 | 103.9 bp −$1,039 | 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 | −0.1010% | 1h | 0.2246 | +0.225% | $82K | $55K | 20x | as long as short |
| Variational Omni THETA | −0.0461% | 8h | 0.2241 | +0.007% | $293K | $74K | — | as long as short |
| BingX THETA-USDT | +0.0022% | 8h | 0.2242 | +0.045% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.685% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAPlong | +0.0039% | 8h | 0.2241 | long leg | $666K | $1.3M | 20x | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2245 | +0.158% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2244 | +0.131% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2240 | −0.045% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2242 | +0.045% | $377K | $118K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2244 | +0.134% | $1.5M | $578K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
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 THETAUSDTMshort | +0.0100% | 8h | 0.2246 | +0.223% | $1.2M | $228K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2245 | +0.178% | $1.3M | $626K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2247 | +0.268% | $160K | $176K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT