Funding you earn now, next payment 00:00 UTC−0.0224%/8h= −24.5% APRnext payment −$2.24 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against BloFin0.000%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now 0.000%, 7d avg −0.025%
=The price spread pays, funding is against you. BingX is 0.025% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.144% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin THETA-USDT | 0.2238 | 0.0220 | pay 0.0220% / 8h | 18m 46s | $161K | $188K | 75x |
| Short | BingX THETA-USDT | 0.2238 | −0.0004 | pay 0.0004% / 8h | 18m 46s | — | $2.5M | — |
BloFin THETA-USDT
BingX THETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$47.04
- Price spread: 0.000% → −0.025%
- $2.54
- Slippage, 4 orders
- −$50.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.84
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; BingX: 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 BloFin live order book, 51 min ago | 8.97 bp | 19.1 bp −$19 | 42.5 bp −$425 | 318.5 bp −$31.9K | doesn't fit |
| Sell BingX live order book, 1 min ago | 4.47 bp | 14.1 bp −$14 | 48.0 bp −$480 | 258.7 bp −$25.9K | 493.4 bp −$246.7K |
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 | 0.2235 | −0.148% | $292K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0164% | 1h | 0.2241 | +0.120% | $82K | $58K | 20x | as long as short |
| BingX THETA-USDTshort | −0.0004% | 8h | 0.2238 | 0.000% | — | $2.5M | — | |
| OKX THETA-USDT-SWAP | −0.0003% | 8h | 0.2237 | −0.045% | $666K | $1.4M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.558% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2240 | +0.089% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2238 | 0.000% | $3.2M | $5.0M | 75x | as long as short |
| Bybit THETAUSDT | +0.0100% | 8h | 0.2235 | −0.112% | $2.9M | $2.1M | 75x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2239 | +0.045% | $376K | $135K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2239 | +0.045% | $1.4M | $601K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
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 THETAUSDTM | +0.0100% | 8h | 0.2241 | +0.134% | $1.1M | $174K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2239 | +0.045% | $1.3M | $713K | 50x | as long as short |
| BloFin THETA-USDTlong | +0.0220% | 8h | 0.2238 | long leg | $161K | $188K | 75x |
KuCoin THETAUSDTM
Bitget THETAUSDT