Settings8H · net · $10k
Funding arb · Price arb /

THETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC0.000%94s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$8 on $10k
Price spread, last 4 days (all we have)+0.096%+$10 · spread now 0.000%, 7d avg +0.007%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC THETA_USDT0.22340.0100pay 0.0100% / 8h6h 57m$1.4M$514K100x
ShortBloFin THETA-USDT0.22340.0220get 0.0220% / 8h6h 57m$154K$183K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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% → +0.007%
−$0.67
Slippage, 4 orders
−$44.69
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$36.15
Costs to cover
0.607%
Break-even
17.0 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago4.47 bp10.2 bp −$1033.2 bp −$332180.4 bp −$18.0Kdoesn't fit
Sell BloFin live order book, 3 min ago4.46 bp19.1 bp −$1945.6 bp −$456228.0 bp −$22.8Kdoesn't fit

THETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni THETA−0.0354%8h0.2235+0.026%$292K$74Kas long as short
Kraken Futures PF_THETAUSD−0.0300%1h0.2234−0.008%$80K$70K20xas long as short
Bybit THETAUSDT+0.0005%8h0.2233−0.045%$3.0M$2.8M75xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.387%$208$25K5.5xas long as short
BingX THETA-USDT+0.0061%8h0.2235+0.045%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2233−0.037%$16K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.2236+0.108%$3.2M$6.1M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2235+0.045%$624K$1.4M20xas long as short
Gate THETA_USDT+0.0100%8h0.2233−0.045%$378K$144K50xas long as short
MEXC THETA_USDTlong+0.0100%8h0.2234long leg$1.4M$514K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2233−0.045%$1.0M$415K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2235+0.045%$1.2M$911K50xas long as short
BloFin THETA-USDTshort+0.0220%8h0.22340.000%$154K$183K75x