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

THETA

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Alert: funding
Alert: spread
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: Gate against KuCoin+0.045%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2832.827% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.045%, 7d avg −0.014%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin THETAUSDTM0.22360.0100pay 0.0100% / 8h2h 02m$1.0M$418K50x
ShortGate THETA_USDT0.22370.0100get 0.0100% / 8h2h 02m$375K$166K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
$0
Price spread: +0.045% → −0.014%
$5.86
Slippage, 4 orders
−$255.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$276.83
Costs to cover
2.827%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 42 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 KuCoin live order book, 2 min ago4.47 bp58.3 bp −$58135.0 bp −$1,350doesn't fitdoesn't fit
Sell Gate live order book, 42 min ago6.67 bp100.8 bp −$101doesn't fitdoesn'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
Kraken Futures PF_THETAUSD−0.0409%1h0.2235−0.044%$88K$64K20xas long as short
Variational Omni THETA−0.0197%8h0.2235−0.062%$292K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.472%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2234−0.089%$2.5Mas long as short
Aster THETAUSDT+0.0100%8h0.2235−0.041%$17K$19K5xas long as short
Binance THETAUSDT+0.0100%8h0.22360.000%$3.2M$6.2M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2233−0.134%$3.0M$2.8M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.22360.000%$625K$1.5M20xas long as short
Gate THETA_USDTshort+0.0100%8h0.2237+0.045%$375K$166K50x
MEXC THETA_USDT+0.0100%8h0.2235−0.045%$1.4M$594K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTMlong+0.0100%8h0.2236long leg$1.0M$418K50x
Bitget THETAUSDT+0.0100%8h0.2237+0.045%$1.2M$870K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2238+0.089%$155K$193K75xas long as short