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

THETA

all THETA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0120%/8hnext payment $1.20 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against BloFin+0.090%95s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1421.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.090%, 7d avg −0.013%
Together, before fees−0.157%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.103% dearer against BloFin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.013%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.035% in total) that is about 21 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin THETA-USDT0.22160.0220pay 0.0220% / 8h4h 23m$163K$179K75x
ShortKuCoin THETAUSDTM0.22180.0100get 0.0100% / 8h4h 23m$918K$98K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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: +0.090% → −0.013%
$10.28
Slippage, 4 orders
−$118.09
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$157.01
Costs to cover
1.421%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 4 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 BloFin live order book, 2 min ago2.26 bp20.4 bp −$2047.6 bp −$476333.1 bp −$33.3Kdoesn't fit
Sell KuCoin live order book, 4 min ago13.56 bp47.8 bp −$48128.6 bp −$1,286doesn't fitdoesn'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−0.0741%8h0.2206−0.429%$229K$14Kas long as short
Kraken Futures PF_THETAUSD−0.0099%1h0.2218+0.102%$81K$58K20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−3.610%$208$25K5.5xas long as short
BingX THETA-USDT+0.0040%8h0.22160.000%$2.4Mas long as short
OKX THETA-USDT-SWAP+0.0057%8h0.2215−0.045%$620K$1.3M20xas long as short
Aster THETAUSDT+0.0100%8h0.2220+0.165%$8K$5K5xas long as short
Binance THETAUSDT+0.0100%8h0.22160.000%$3.1M$4.7M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2212−0.176%$2.8M$2.0M75xas long as short
Gate THETA_USDT+0.0100%8h0.2217+0.045%$371K$141K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2215−0.045%$1.3M$583K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMshort+0.0100%8h0.2218+0.090%$918K$98K50x
Bitget THETAUSDT+0.0100%8h0.2218+0.090%$1.4M$655K50xas long as short
BloFin THETA-USDTlong+0.0220%8h0.2216long leg$163K$179K75x