Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against KuCoin0.000%50s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as 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−$1281.276% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)+0.024%+$2 · spread now 0.000%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 50 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 | KuCoin THETAUSDTM | 0.2239 | 0.0100 | pay 0.0100% / 8h | 14m 20s | $1.1M | $175K | 50x |
| Short | BloFin THETA-USDT | 0.2239 | 0.0220 | get 0.0220% / 8h | 14m 20s | $161K | $188K | 75x |
KuCoin THETAUSDTM
BloFin THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: 0.000% → +0.011%
- −$1.07
- Slippage, 4 orders
- −$103.57
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.45
- Costs to cover
- 1.276%
- Break-even
- 35.7 days
Slippage from KuCoin: live order book, just now; BloFin: live order book, 55 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, just now | 4.47 bp | 46.4 bp −$46 | 116.6 bp −$1,166 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 8.97 bp | 22.3 bp −$22 | 43.5 bp −$435 | 226.1 bp −$22.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0523% | 8h | 0.2237 | −0.104% | $292K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0164% | 1h | 0.2238 | −0.058% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDT | −0.0002% | 8h | 0.2236 | −0.134% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | −0.0002% | 8h | 0.2235 | −0.179% | $666K | $1.4M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.600% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2240 | +0.045% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2238 | −0.045% | $3.2M | $5.0M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2233 | −0.246% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2238 | −0.045% | $375K | $135K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2237 | −0.089% | $1.4M | $602K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
BingX THETA-USDT
OKX THETA-USDT-SWAP
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 THETAUSDTMlong | +0.0100% | 8h | 0.2239 | long leg | $1.1M | $175K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2236 | −0.134% | $1.3M | $713K | 50x | as long as short |
| BloFin THETA-USDTshort | +0.0220% | 8h | 0.2239 | 0.000% | $161K | $188K | 75x |
Bitget THETAUSDT