Settings8H · net · $10k
Funding arb · Price arb /

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.134%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1591.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.134%, 7d avg −0.021%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.155% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THETAUSDT0.22330.0100pay 0.0100% / 8h1h 46m$1.3M$681K50x
ShortKuCoin THETAUSDTM0.22360.0100get 0.0100% / 8h1h 46m$989K$122K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.134% → −0.021%
$15.52
Slippage, 4 orders
−$135.32
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$143.81
Costs to cover
1.593%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago4.47 bp31.0 bp −$3188.8 bp −$888doesn't fitdoesn't fit
Sell KuCoin live order book, 28 min ago11.14 bp41.0 bp −$41126.1 bp −$1,261doesn't fitdoesn't fit

THETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_THETAUSD−0.1006%1h0.2240+0.299%$82K$58K20xas long as short
Variational Omni THETA−0.0703%8h0.2236+0.148%$292K$74Kas long as short
BingX THETA-USDT−0.0082%8h0.2232−0.045%$2.4Mas long as short
OKX THETA-USDT-SWAP−0.0079%8h0.2231−0.090%$656K$1.3M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.344%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2235+0.092%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2234+0.045%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.22330.000%$2.9M$2.0M75xas long as short
Gate THETA_USDT+0.0100%8h0.2236+0.134%$373K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2235+0.090%$1.4M$584K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMshort+0.0100%8h0.2236+0.134%$989K$122K50x
Bitget THETAUSDTlong+0.0100%8h0.2233long leg$1.3M$681K50x
BloFin THETA-USDT+0.0220%8h0.2231−0.090%$161K$190K75xas long as short