Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.9% APRnext payment −$1.72 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against BloFin−0.045%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.045%, 7d avg −0.055%
=The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| 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 25m | $160K | $176K | 75x |
| Short | OKX THETA-USDT-SWAP | 0.2245 | 0.0048 | get 0.0048% / 8h | 7h 25m | $670K | $1.3M | 20x |
BloFin THETA-USDT
OKX THETA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$36.22
- Price spread: −0.045% → −0.055%
- $1.08
- Slippage, 4 orders
- −$77.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$134.91
- Costs to cover
- 0.998%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 39 min ago; OKX: live order book, 2 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, 39 min ago | 6.68 bp | 17.7 bp −$18 | 37.1 bp −$371 | 296.3 bp −$29.6K | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.23 bp | 28.1 bp −$28 | doesn't fit | 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 | 0.2250 | +0.169% | $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 | 0.2246 | 0.000% | — | $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-SWAPshort | +0.0048% | 8h | 0.2245 | −0.045% | $670K | $1.3M | 20x | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2246 | −0.005% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2248 | +0.089% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2244 | −0.089% | $3.0M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2246 | 0.000% | $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
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 THETAUSDTM | +0.0100% | 8h | 0.2247 | +0.045% | $1.2M | $228K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2250 | +0.178% | $1.3M | $611K | 50x | as long as short |
| BloFin THETA-USDTlong | +0.0220% | 8h | 0.2246 | long leg | $160K | $176K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT