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: Bybit against MEXC−0.134%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.134%, 7d avg −0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC THETA_USDT | 0.2233 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $1.4M | $589K | 100x |
| Short | Bybit THETAUSDT | 0.2230 | 0.0100 | get 0.0100% / 8h | 1h 07m | $2.9M | $2.1M | 75x |
MEXC THETA_USDT
Bybit THETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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: −0.134% → −0.088%
- −$4.62
- Slippage, 4 orders
- −$45.56
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$65.18
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: 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 MEXC live order book, 4 min ago | 2.24 bp | 8.6 bp −$9 | 25.2 bp −$252 | 173.3 bp −$17.3K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.49 bp | 19.6 bp −$20 | 68.2 bp −$682 | 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 | −0.1009% | 1h | 0.2233 | −0.009% | $81K | $58K | 20x | as long as short |
| Variational Omni THETA | −0.0610% | 8h | 0.2227 | −0.282% | $291K | $74K | — | as long as short |
| BingX THETA-USDT | −0.0064% | 8h | 0.2229 | −0.179% | — | $2.4M | — | as long as short |
| OKX THETA-USDT-SWAP | −0.0058% | 8h | 0.2231 | −0.090% | $662K | $1.3M | 20x | as long as short |
| Injective THETA/USDC PERP | +0.0033% | 1h | 0.2136 | −4.344% | $208 | $25K | 5.5x | as long as short |
| Aster THETAUSDT | +0.0100% | 8h | 0.2232 | −0.050% | $8K | $3K | 5x | as long as short |
| Binance THETAUSDT | +0.0100% | 8h | 0.2232 | −0.028% | $3.2M | $4.8M | 75x | as long as short |
| Bybit THETAUSDTshort | +0.0100% | 8h | 0.2230 | −0.134% | $2.9M | $2.1M | 75x | |
| Gate THETA_USDT | +0.0100% | 8h | 0.2229 | −0.179% | $372K | $139K | 50x | as long as short |
| MEXC THETA_USDTlong | +0.0100% | 8h | 0.2233 | long leg | $1.4M | $589K | 100x |
Kraken Futures PF_THETAUSD
Variational Omni THETA
BingX THETA-USDT
OKX THETA-USDT-SWAP
Injective THETA/USDC PERP
Aster THETAUSDT
Binance THETAUSDT
Gate THETA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin THETAUSDTM | +0.0100% | 8h | 0.2232 | −0.045% | $987K | $122K | 50x | as long as short |
| Bitget THETAUSDT | +0.0100% | 8h | 0.2232 | −0.045% | $1.3M | $670K | 50x | as long as short |
| BloFin THETA-USDT | +0.0220% | 8h | 0.2229 | −0.179% | $161K | $186K | 75x | as long as short |
KuCoin THETAUSDTM
Bitget THETAUSDT
BloFin THETA-USDT