Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.045%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1391.388% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.045%, 7d avg −0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.026% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin THETAUSDTM | 0.2219 | 0.0100 | pay 0.0100% / 8h | 1h 27m | $1.0M | $418K | 50x |
| Short | Bybit THETAUSDT | 0.2218 | 0.0100 | get 0.0100% / 8h | 1h 27m | $3.0M | $2.8M | 75x |
KuCoin THETAUSDTM
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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: −0.045% → −0.071%
- $2.6
- Slippage, 4 orders
- −$115.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.15
- Costs to cover
- 1.388%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 10 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 KuCoin live order book, 7 min ago | 2.26 bp | 49.0 bp −$49 | 105.4 bp −$1,054 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 2.26 bp | 18.4 bp −$18 | 61.0 bp −$610 | 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 | −0.0667% | 1h | 0.2216 | −0.137% | $87K | $62K | 20x | as long as short |
| Variational Omni THETA | −0.0204% | 8h | 0.2213 | −0.288% | $289K | $74K | — | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −3.740% | $208 | $25K | 5.5x | as long as short |
| BingX THETA-USDT | +0.0070% | 8h | 0.2220 | +0.045% | — | $2.5M | — | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2222 | +0.116% | $16K | $19K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2222 | +0.116% | $3.1M | $6.2M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2218 | −0.045% | $3.0M | $2.8M | 75x | |
| OKX THETA-USDT-SWAP | +0.0100% | 8h | 0.2220 | +0.045% | $618K | $1.4M | 20x | as long as short |
| Gate THETA_USDT | +0.0100% | 8h | 0.2217 | −0.090% | $371K | $158K | 50x | as long as short |
| MEXC THETA_USDT | +0.0100% | 8h | 0.2220 | +0.045% | $1.4M | $591K | 100x | as long as short |
Kraken Futures PF_THETAUSD
Variational Omni THETA
Injective THETA/USDC PERP
BingX THETA-USDT
Aster THETAUSDT
Binance THETAUSDT
OKX THETA-USDT-SWAP
Gate THETA_USDT
MEXC THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTMlong | +0.0100% | 8h | 0.2219 | long leg | $1.0M | $418K | 50x | |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2221 | +0.090% | $1.2M | $875K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2217 | −0.090% | $155K | $192K | 75x | as long as short |
Bitget THETAUSDT
BloFin THETA-USDT