Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: OKX against Bybit+0.099%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.099%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.025% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit THETAUSDT | 0.2228 | 0.0100 | pay 0.0100% / 8h | 1h 17m | $3.0M | $2.8M | 75x |
| Short | OKX THETA-USDT-SWAP | 0.2230 | 0.0100 | get 0.0100% / 8h | 1h 17m | $620K | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $0
- Price spread: +0.099% → +0.074%
- $2.51
- Slippage, 4 orders
- −$91.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$110.14
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 4 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 Bybit live order book, 5 min ago | 4.49 bp | 20.6 bp −$21 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.48 bp | 37.4 bp −$37 | 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 | −0.0663% | 1h | 0.2229 | +0.058% | $84K | $66K | 20x | as long as short |
| Variational Omni THETA | −0.0198% | 8h | 0.2231 | +0.126% | $291K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.121% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2229 | +0.054% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2231 | +0.142% | $17K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2230 | +0.082% | $3.2M | $6.2M | 75x | as long as short |
| Bybit THETAUSDTlong | +0.0100% | 8h | 0.2228 | long leg | $3.0M | $2.8M | 75x | |
| OKX THETA-USDT-SWAPshort | +0.0100% | 8h | 0.2230 | +0.099% | $620K | $1.4M | 20x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2234 | +0.278% | $373K | $158K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2230 | +0.099% | $1.4M | $592K | 100x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2233 | +0.233% | $1.0M | $418K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2230 | +0.099% | $1.2M | $874K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2236 | +0.368% | $155K | $194K | 75x | as long as short |
Bybit THETAUSDT
OKX THETA-USDT-SWAP
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
Gate THETA_USDT
MEXC THETA_USDT
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT