Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.022%
Price spread now: KuCoin against BloFin+0.045%65s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as 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−$1221.219% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.045%, 7d avg −0.011%
=The price spread pays, funding is against you. KuCoin is 0.055% dearer against BloFin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.011%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.051% in total) that is about 7.6 days. The two prices were read 65 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 | 0.2246 | 0.0220 | pay 0.0220% / 8h | 7h 23m | $160K | $176K | 75x |
| Short | KuCoin THETAUSDTM | 0.2247 | 0.0100 | get 0.0100% / 8h | 7h 23m | $1.2M | $228K | 50x |
BloFin THETA-USDT
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$25.2
- Price spread: +0.045% → −0.011%
- $5.51
- Slippage, 4 orders
- −$97.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$141.58
- Costs to cover
- 1.219%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 41 min ago; KuCoin: live order book, 1 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, 41 min ago | 6.68 bp | 17.7 bp −$18 | 37.1 bp −$371 | 296.3 bp −$29.6K | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 2.22 bp | 33.5 bp −$34 | 103.7 bp −$1,037 | 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 | −0.1008% | 1h | 0.2249 | +0.123% | $82K | $55K | 20x | as long as short |
| Variational Omni THETA | −0.0446% | 8h | 0.2243 | −0.128% | $293K | $74K | — | as long as short |
| BingX THETA-USDT | +0.0029% | 8h | 0.2245 | −0.045% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.898% | $208 | $25K | 5.5x | as long as short |
| OKX THETA-USDT-SWAP | +0.0049% | 8h | 0.2246 | 0.000% | $669K | $1.3M | 20x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2247 | +0.066% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2245 | −0.035% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2243 | −0.120% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2245 | −0.045% | $378K | $118K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2247 | +0.045% | $1.5M | $578K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
BingX THETA-USDT
Injective THETA/USDC PERP
OKX THETA-USDT-SWAP
Aster THETAUSDT
Binance 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 THETAUSDTMshort | +0.0100% | 8h | 0.2247 | +0.045% | $1.2M | $228K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2247 | +0.045% | $1.3M | $611K | 50x | as long as short |
| BloFin THETA-USDTlong | +0.0220% | 8h | 0.2246 | long leg | $160K | $176K | 75x |
Bitget THETAUSDT