Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.179%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.179%, 7d avg −0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.095% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget THETAUSDT | 0.2234 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $1.3M | $671K | 50x |
| Short | Bybit THETAUSDT | 0.2230 | 0.0100 | get 0.0100% / 8h | 1h 31m | $2.9M | $2.1M | 75x |
Bitget THETAUSDT
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.179% → −0.084%
- −$9.47
- Slippage, 4 orders
- −$56.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$89.21
- Costs to cover
- 0.797%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 1 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 Bitget live order book, 5 min ago | 2.24 bp | 27.1 bp −$27 | 84.7 bp −$847 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.48 bp | 18.0 bp −$18 | 99.6 bp −$996 | 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 | 0.2235 | +0.063% | $81K | $58K | 20x | as long as short |
| Variational Omni THETA | −0.0668% | 8h | 0.2233 | −0.034% | $292K | $74K | — | as long as short |
| OKX THETA-USDT-SWAP | −0.0070% | 8h | 0.2231 | −0.134% | $663K | $1.3M | 20x | as long as short |
| BingX THETA-USDT | −0.0069% | 8h | 0.2232 | −0.090% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.387% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2233 | −0.065% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2234 | +0.012% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2230 | −0.179% | $2.9M | $2.1M | 75x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2234 | 0.000% | $373K | $139K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2234 | 0.000% | $1.4M | $585K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
OKX THETA-USDT-SWAP
BingX THETA-USDT
Injective THETA/USDC PERP
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 | 0.2235 | +0.045% | $989K | $122K | 50x | as long as short |
| Bitget THETAUSDTlong | +0.0100% | 8h | 0.2234 | long leg | $1.3M | $671K | 50x | |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2235 | +0.045% | $161K | $190K | 75x | as long as short |
KuCoin THETAUSDTM
BloFin THETA-USDT