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

THETA

all THETA markets
SwapBacktest
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: MEXC against Binance−0.077%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.095%+$9 · spread now −0.077%, 7d avg −0.004%
Together, before fees+0.095%+$10 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: MEXC is 0.074% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance THETAUSDT0.22930.0100pay 0.0100% / 8h3h 30m$3.3M$5.1M75x
ShortMEXC THETA_USDT0.22910.0100get 0.0100% / 8h3h 30m$1.4M$584K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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: −0.077% → −0.004%
−$7.39
Slippage, 4 orders
−$50.4
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$71.79
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 5 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 Binance live order book, 7 min ago2.23 bp19.0 bp −$1981.0 bp −$8104344.5 bp −$434.5Kdoesn't fit
Sell MEXC live order book, 5 min ago2.23 bp10.7 bp −$1129.7 bp −$297149.6 bp −$15.0K306.0 bp −$153.0K

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−0.0586%1h0.2293+0.016%$84K$34K20xas long as short
Variational Omni THETA−0.0223%8h0.2289−0.182%$299K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−6.838%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.2290−0.121%$2.5Mas long as short
Aster THETAUSDT+0.0100%8h0.2291−0.085%$8K$5K5xas long as short
Binance THETAUSDTlong+0.0100%8h0.2293long leg$3.3M$5.1M75x
Bybit THETAUSDT+0.0100%8h0.2288−0.191%$3.1M$2.2M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2287−0.252%$641K$1.4M20xas long as short
Gate THETA_USDT+0.0100%8h0.2293+0.010%$388K$139K50xas long as short
MEXC THETA_USDTshort+0.0100%8h0.2291−0.077%$1.4M$584K100x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.2293+0.010%$1.1M$334K50xas long as short
Bitget THETAUSDT+0.0100%8h0.2289−0.165%$1.3M$686K50xas long as short
BloFin THETA-USDT+0.0220%8h0.2288−0.208%$159K$187K75xas long as short