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: KuCoin against Bybit+0.209%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.209%, 7d avg +0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.134% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit THETAUSDT | 0.2249 | 0.0100 | pay 0.0100% / 8h | 39m 17s | $2.9M | $2.1M | 75x |
| Short | KuCoin THETAUSDTM | 0.2254 | 0.0100 | get 0.0100% / 8h | 39m 17s | $999K | $122K | 50x |
Bybit THETAUSDT
KuCoin THETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: +0.209% → +0.075%
- $13.37
- Slippage, 4 orders
- −$119.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$129.41
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 5 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 Bybit live order book, 3 min ago | 2.22 bp | 19.6 bp −$20 | 66.3 bp −$663 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 13.28 bp | 37.0 bp −$37 | 139.9 bp −$1,399 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni THETA | −0.0532% | 8h | 0.2251 | +0.085% | $294K | $74K | — | as long as short |
| Kraken Futures PF_THETAUSD | −0.0163% | 1h | 0.2253 | +0.157% | $82K | $58K | 20x | as long as short |
| OKX THETA-USDT-SWAP | −0.0018% | 8h | 0.2250 | +0.031% | $669K | $1.4M | 20x | as long as short |
| BingX THETA-USDT | −0.0016% | 8h | 0.2253 | +0.164% | — | $2.4M | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −5.037% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2254 | +0.217% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2253 | +0.152% | $3.2M | $4.9M | 75x | as long as short |
| Bybit THETAUSDTlong | +0.0100% | 8h | 0.2249 | long leg | $2.9M | $2.1M | 75x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2253 | +0.164% | $378K | $134K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2253 | +0.164% | $1.4M | $589K | 100x | as long as short |
Variational Omni THETA
Kraken Futures PF_THETAUSD
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 THETAUSDTMshort | +0.0100% | 8h | 0.2254 | +0.209% | $999K | $122K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2254 | +0.209% | $1.4M | $707K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2252 | +0.120% | $162K | $189K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT