Funding you earn now, next payment 00:00 UTC+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against BingX−0.090%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2142.142% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.090%, 7d avg +0.001%
=Funding pays, the price is against you. Gate is 0.091% cheaper against BingX than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.001%). If the spread goes back, that is −$9 on $10k: about 43 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.162% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX THETA-USDT | 0.2233 | −0.0069 | get 0.0069% / 8h | 1h 29m | — | $2.4M | — |
| Short | Gate THETA_USDT | 0.2231 | 0.0100 | get 0.0100% / 8h | 1h 29m | $372K | $139K | 50x |
BingX THETA-USDT
Gate THETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $35.49
- Price spread: −0.090% → +0.001%
- −$9.06
- Slippage, 4 orders
- −$189.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$187.8
- Costs to cover
- 2.142%
- Break-even
- 44.0 days
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 51 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 BingX live order book, 5 min ago | 4.47 bp | 20.3 bp −$20 | 57.2 bp −$572 | 417.0 bp −$41.7K | 538.1 bp −$269.0K |
| Sell Gate live order book, 51 min ago | 6.70 bp | 82.5 bp −$83 | 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 | −0.1008% | 1h | 0.2236 | +0.119% | $81K | $58K | 20x | as long as short |
| Variational Omni THETA | −0.0671% | 8h | 0.2230 | −0.124% | $292K | $74K | — | as long as short |
| OKX THETA-USDT-SWAP | −0.0070% | 8h | 0.2231 | −0.090% | $663K | $1.3M | 20x | as long as short |
| BingX THETA-USDTlong | −0.0069% | 8h | 0.2233 | long leg | — | $2.4M | — | |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.344% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2233 | −0.016% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2233 | +0.018% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2230 | −0.134% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDTshort | +0.0100% | 8h | 0.2231 | −0.090% | $372K | $139K | 50x | |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2233 | 0.000% | $1.4M | $586K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
OKX THETA-USDT-SWAP
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Bybit THETAUSDT
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 | 0.2233 | 0.000% | $988K | $122K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2234 | +0.045% | $1.3M | $671K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2233 | 0.000% | $162K | $190K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT