THE funding rates and arbitrage
Updated 2026-11-11 22:59 UTC
Best THE arbitrage after every cost
No THE pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
THE funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | THE-USDT | 0.0411% | 4 h | +90.0% | +34.7% | $93.4K | 2026-11-12 00:00 |
| Bitunix | THEUSDT | 0.0406% | 4 h | +88.8% | +35.5% | — | 2026-11-12 00:00 |
| Binance | THEUSDT | 0.0382% | 4 h | +83.6% | +35.8% | $1.6M | 2026-11-12 00:00 |
| WOO X | PERP_THE_USDT | 0.0380% | 4 h | +83.3% | +35.8% | $14 | 2026-11-12 00:00 |
| MEXC | THE_USDT | 0.0380% | 4 h | +83.2% | +35.7% | $61.6K | 2026-11-12 00:00 |
| LBank | THEUSDT | 0.0380% | 4 h | +83.2% | +87.5% | — | 2026-11-12 00:00 |
| BingX | THE-USDT | 0.0359% | 4 h | +78.6% | +37.2% | $239.2K | 2026-11-12 00:00 |
| Aster | THEUSDT | 0.0176% | 4 h | +38.5% | +14.6% | $1.5K | 2026-11-12 00:00 |
| Bybit | THEUSDT | 0.0050% | 4 h | +10.9% | +20.6% | $280.3K | 2026-11-12 00:00 |
| KuCoin | THEUSDTM | 0.0050% | 4 h | +10.9% | +10.9% | $121.3K | 2026-11-12 00:00 |
| Bitget | THEUSDT | 0.0050% | 4 h | +10.9% | −31.0% | $303.9K | 2026-11-12 00:00 |
| Gate | THE_USDT | 0.0050% | 4 h | +10.9% | +11.0% | $33K | 2026-11-12 00:00 |
Cost to enter $10,000 of THE
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | THE_USDT | 5.0 bp | top of book only |
| BingX | THE-USDT | 6.5 bp | top of book only |
| Binance | THEUSDT | 6.5 bp | top of book only |
| BloFin | THE-USDT | 10.5 bp | top of book only |
| Bybit | THEUSDT | 12.9 bp | top of book only |
| Bitget | THEUSDT | 14.9 bp | top of book only |
| Aster | THEUSDT | 15.9 bp | top of book only |
| KuCoin | THEUSDTM | 20.8 bp | top of book only |
| Gate | THE_USDT | 22.4 bp | top of book only |
| Binance | THEUSDT (spot) | 24.9 bp | top of book only |
| Gate | THE_USDT (spot) | 28.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on THE
Questions
Is THE funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no THE pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest THE funding rate?
BloFin at +90.0% a year (0.0411% every 4 h); the lowest is Gate at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.