Funding you earn now, next payment 00:00 UTC+0.0122%/8h= +13.3% APRnext payment +$1.22 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.133%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$720.725% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +0.133%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.119% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2251 | −0.0022 | get 0.0022% / 8h | 47m 02s | $667K | $1.4M | 20x |
| Short | MEXC THETA_USDT | 0.2254 | 0.0100 | get 0.0100% / 8h | 47m 02s | $1.4M | $587K | 100x |
OKX THETA-USDT-SWAP
MEXC THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $25.6
- Price spread: +0.133% → +0.014%
- $11.94
- Slippage, 4 orders
- −$58.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$34.92
- Costs to cover
- 0.725%
- Break-even
- 16.6 days
Slippage from OKX: live order book, 5 min ago; MEXC: 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, 5 min ago | 4.43 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.21 bp | 6.4 bp −$6 | 31.6 bp −$316 | 162.1 bp −$16.2K | 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 | −0.0544% | 8h | 0.2259 | +0.343% | $295K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0163% | 1h | 0.2253 | +0.095% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDT | −0.0026% | 8h | 0.2253 | +0.089% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAPlong | −0.0022% | 8h | 0.2251 | long leg | $667K | $1.4M | 20x | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.109% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2254 | +0.154% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2253 | +0.089% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2250 | −0.040% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2255 | +0.178% | $377K | $131K | 50x | as long as short |
| MEXC THETA_USDTshort | +0.0100% | 8h | 0.2254 | +0.133% | $1.4M | $587K | 100x |
Variational Omni THETA
Kraken Futures PF_THETAUSD
BingX THETA-USDT
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
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 | 0.2255 | +0.178% | $999K | $122K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2256 | +0.222% | $1.4M | $720K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2252 | +0.044% | $161K | $189K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT