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: KuCoin against BingX+0.044%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.044%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.042% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2251 | 0.0070 | pay 0.0070% / 8h | 2h 46m | — | $2.5M | — |
| Short | KuCoin THETAUSDTM | 0.2252 | 0.0100 | get 0.0100% / 8h | 2h 46m | $1.0M | $406K | 50x |
BingX THETA-USDT
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $6.3
- Price spread: +0.044% → +0.003%
- $4.17
- Slippage, 4 orders
- −$126.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$138.49
- Costs to cover
- 1.490%
- Break-even
- 160.9 days
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 3 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, 8 min ago | 2.22 bp | 21.2 bp −$21 | 52.2 bp −$522 | 392.4 bp −$39.2K | 505.8 bp −$252.9K |
| Sell KuCoin live order book, 3 min ago | 6.65 bp | 49.7 bp −$50 | 136.0 bp −$1,360 | 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 | −0.0406% | 1h | 0.2253 | +0.071% | $89K | $54K | 20x | as long as short |
| Variational Omni THETA | −0.0211% | 8h | 0.2256 | +0.205% | $295K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.109% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTlong | +0.0070% | 8h | 0.2251 | long leg | — | $2.5M | — | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2255 | +0.171% | $16K | $18K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2252 | +0.044% | $3.2M | $5.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2250 | −0.027% | $3.1M | $2.5M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2250 | −0.044% | $628K | $1.4M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2257 | +0.267% | $381K | $158K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2251 | 0.000% | $1.3M | $580K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
OKX THETA-USDT-SWAP
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 | 0.2252 | +0.044% | $1.0M | $406K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2256 | +0.222% | $1.3M | $823K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2250 | −0.044% | $161K | $192K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT