Funding you earn now, next payment 08:00 UTC−0.0150%/8h= −16.4% APRnext payment −$1.50 per $10,000 · paid last 24h −0.034%
Price spread now: BingX against BloFin−0.044%66s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.980% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.044%, 7d avg −0.036%
=The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin THETA-USDT | 0.2254 | 0.0220 | pay 0.0220% / 8h | 3h 46m | $158K | $180K | 75x |
| Short | BingX THETA-USDT | 0.2253 | 0.0070 | get 0.0070% / 8h | 3h 46m | — | $2.4M | — |
BloFin THETA-USDT
BingX THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$31.5
- Price spread: −0.044% → −0.036%
- −$0.84
- Slippage, 4 orders
- −$76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.34
- Costs to cover
- 0.980%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; BingX: 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 BloFin live order book, 44 min ago | 2.20 bp | 21.6 bp −$22 | 50.8 bp −$508 | 236.0 bp −$23.6K | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.67 bp | 23.1 bp −$23 | 54.8 bp −$548 | 324.2 bp −$32.4K | 491.2 bp −$245.6K |
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 | −0.0596% | 1h | 0.2254 | +0.021% | $82K | $34K | 20x | as long as short |
| Variational Omni THETA | −0.0217% | 8h | 0.2249 | −0.239% | $294K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.235% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTshort | +0.0070% | 8h | 0.2253 | −0.044% | — | $2.4M | — | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2255 | +0.038% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2253 | −0.044% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2249 | −0.222% | $3.1M | $2.1M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2251 | −0.133% | $629K | $1.3M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2254 | 0.000% | $381K | $134K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2252 | −0.089% | $1.4M | $573K | 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 THETAUSDTM | +0.0100% | 8h | 0.2252 | −0.089% | $1.1M | $323K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2251 | −0.133% | $1.2M | $678K | 50x | as long as short |
| BloFin THETA-USDTlong | +0.0220% | 8h | 0.2254 | long leg | $158K | $180K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT