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: Bybit against OKX−0.075%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now −0.075%, 7d avg −0.074%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX THETA-USDT-SWAP | 0.2256 | 0.0100 | pay 0.0100% / 8h | 4h 15m | $631K | $1.3M | 20x |
| Short | Bybit THETAUSDT | 0.2254 | 0.0100 | get 0.0100% / 8h | 4h 15m | $3.1M | $2.1M | 75x |
OKX THETA-USDT-SWAP
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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: −0.075% → −0.074%
- −$0.15
- Slippage, 4 orders
- −$98.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.4
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: 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 OKX live order book, 2 min ago | 6.65 bp | 33.3 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.44 bp | 20.4 bp −$20 | 72.3 bp −$723 | 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 | −0.0496% | 1h | 0.2257 | +0.029% | $82K | $35K | 20x | as long as short |
| Variational Omni THETA | −0.0174% | 8h | 0.2253 | −0.150% | $295K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.319% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2256 | 0.000% | — | $2.4M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2254 | −0.093% | $8K | $5K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2256 | +0.018% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2254 | −0.075% | $3.1M | $2.1M | 75x | |
| OKX THETA-USDT-SWAPlong | +0.0100% | 8h | 0.2256 | long leg | $631K | $1.3M | 20x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2255 | −0.044% | $382K | $138K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2256 | 0.000% | $1.5M | $571K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance 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 | 0.2256 | 0.000% | $1.1M | $317K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2257 | +0.044% | $1.3M | $650K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2257 | +0.044% | $160K | $180K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT