Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.012%
Price spread now: Binance against BingX+0.089%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.089%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.064% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2243 | 0.0022 | pay 0.0022% / 8h | 7h 31m | — | $2.4M | — |
| Short | Binance THETAUSDT | 0.2245 | 0.0100 | get 0.0100% / 8h | 7h 31m | $3.2M | $4.9M | 75x |
BingX THETA-USDT
Binance THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $16.38
- Price spread: +0.089% → +0.025%
- $6.44
- Slippage, 4 orders
- −$66.65
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.83
- Costs to cover
- 0.867%
- Break-even
- 34.3 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 6 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 BingX live order book, 2 min ago | 6.69 bp | 20.1 bp −$20 | 54.1 bp −$541 | 400.9 bp −$40.1K | 517.1 bp −$258.5K |
| Sell Binance live order book, 6 min ago | 2.23 bp | 18.9 bp −$19 | 58.0 bp −$580 | 403.6 bp −$40.4K | 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 | 0.2245 | +0.097% | $82K | $55K | 20x | as long as short |
| Variational Omni THETA | −0.0461% | 8h | 0.2241 | −0.082% | $293K | $74K | — | as long as short |
| BingX THETA-USDTlong | +0.0022% | 8h | 0.2243 | long leg | — | $2.4M | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.770% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAP | +0.0041% | 8h | 0.2242 | −0.045% | $665K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2244 | +0.048% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDTshort | +0.0100% | 8h | 0.2245 | +0.089% | $3.2M | $4.9M | 75x | |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2241 | −0.089% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2241 | −0.089% | $377K | $118K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2245 | +0.089% | $1.5M | $578K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
OKX THETA-USDT-SWAP
Aster 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 | 0.2246 | +0.134% | $1.2M | $228K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2246 | +0.134% | $1.3M | $615K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2247 | +0.178% | $160K | $176K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT