Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against Binance−0.044%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.044%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance THETAUSDT | 0.2292 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $3.4M | $5.5M | 75x |
| Short | BingX THETA-USDT | 0.2291 | 0.0070 | get 0.0070% / 8h | 3h 23m | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$6.3
- Price spread: −0.044% → −0.026%
- −$1.79
- Slippage, 4 orders
- −$76.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$104.93
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 11 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 Binance live order book, 14 min ago | 2.23 bp | 19.0 bp −$19 | 81.0 bp −$810 | 4344.5 bp −$434.5K | doesn't fit |
| Sell BingX live order book, 11 min ago | 8.89 bp | 30.7 bp −$31 | 68.6 bp −$686 | 316.3 bp −$31.6K | 494.5 bp −$247.3K |
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 | −0.0586% | 1h | 0.2294 | +0.104% | $84K | $35K | 20x | as long as short |
| Variational Omni THETA | −0.0213% | 8h | 0.2293 | +0.047% | $300K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −6.806% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTshort | +0.0070% | 8h | 0.2291 | −0.044% | — | $2.4M | — | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2294 | +0.100% | $9K | $9K | 5x | as long as short |
| Binance THETAUSDTlong | +0.0100% | 8h | 0.2292 | long leg | $3.4M | $5.5M | 75x | |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2288 | −0.153% | $3.2M | $2.4M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2290 | −0.087% | $643K | $1.4M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2293 | +0.044% | $388K | $150K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2292 | 0.000% | $1.4M | $590K | 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 | 0.2291 | −0.044% | $1.0M | $385K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2291 | −0.044% | $1.3M | $737K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2295 | +0.131% | $157K | $189K | 75x | as long as short |
Binance THETAUSDT
BingX THETA-USDT
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
Aster THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT