Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against KuCoin+0.088%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1911.908% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days−0.105%−$11 · spread now +0.088%, 7d avg −0.003%
=The price spread pays, funding is against you. BingX is 0.091% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.003%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin THETAUSDTM | 0.2274 | 0.0100 | pay 0.0100% / 8h | 3h 15m | $1.0M | $395K | 50x |
| Short | BingX THETA-USDT | 0.2276 | 0.0070 | get 0.0070% / 8h | 3h 15m | — | $2.5M | — |
KuCoin THETAUSDTM
BingX THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$6.3
- Price spread: +0.088% → −0.003%
- $9.06
- Slippage, 4 orders
- −$168.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$187.99
- Costs to cover
- 1.908%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: 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 KuCoin live order book, 4 min ago | 4.40 bp | 67.8 bp −$68 | 160.7 bp −$1,607 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.61 bp | 19.6 bp −$20 | 51.7 bp −$517 | 250.3 bp −$25.0K | 497.3 bp −$248.7K |
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 | −0.0590% | 1h | 0.2276 | +0.106% | $93K | $50K | 20x | as long as short |
| Variational Omni THETA | −0.0232% | 8h | 0.2268 | −0.259% | $297K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −6.069% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDTshort | +0.0070% | 8h | 0.2276 | +0.088% | — | $2.5M | — | |
| Aster THETAUSDT | +0.0100% | 8h | 0.2277 | +0.120% | $8K | $18K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2275 | +0.048% | $3.3M | $5.7M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2271 | −0.132% | $3.2M | $2.4M | 75x | as long as short |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2272 | −0.088% | $636K | $1.4M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2277 | +0.132% | $387K | $154K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2277 | +0.132% | $1.4M | $591K | 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 THETAUSDTMlong | +0.0100% | 8h | 0.2274 | long leg | $1.0M | $395K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2277 | +0.132% | $1.3M | $767K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2278 | +0.176% | $166K | $188K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT