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Funding arb · Price arb /

THETA

all THETA markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 23:00 UTC−0.1106%/8h= −121.2% APRpaid last 24h +0.095%
Price spread now: Kraken Futures against Aster+0.189%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on AsterShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.189% dearer against Aster than usual: you sell high and buy low (spread +0.189% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster THETAUSDT0.22350.0100pay 0.0100% / 8h1h 36m$8K$3K5x
ShortKraken Futures PF_THETAUSD0.2239−0.1006pay 0.0126% / 1h36m 10s$82K$58K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
−$232.36
Price spread: +0.189% → 0.000%
$18.9
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$231.46
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample—————
Sell Kraken Futures no order-book sample—————
Aster and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_THETAUSDshort−0.1006%1h0.2239+0.189%$82K$58K20x
Variational Omni THETA−0.0676%8h0.2240+0.217%$293K$74K—as long as short
OKX THETA-USDT-SWAP−0.0072%8h0.2234−0.040%$663K$1.3M20xas long as short
BingX THETA-USDT−0.0068%8h0.2235+0.004%—$2.4M—as long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.425%$208$25K5.5xas long as short
Aster THETAUSDTlong+0.0100%8h0.2235long leg$8K$3K5x
Binance THETAUSDT+0.0100%8h0.2236+0.049%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2230−0.210%$2.9M$2.1M75xas long as short
Gate THETA_USDT+0.0100%8h0.2236+0.049%$373K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2235+0.004%$1.4M$585K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2237+0.094%$989K$122K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2238+0.139%$1.3M$704K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2239+0.183%$161K$190K75xas long as short