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

THETA

all THETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0150%/8h= +16.4% APRnext payment +$1.50 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against BingX+0.060%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.060% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX THETA-USDT0.2237−0.0050get 0.0050% / 8h59m 47s$2.4M
ShortAster THETAUSDT0.22380.0100get 0.0100% / 8h59m 47s$8K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
$31.5
Price spread: +0.060% → 0.000%
$6.04
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$19.54
Costs to cover
0.180%
Break-even
2.7 days
Slippage unknown: BingX: live order book, 14 min ago; Aster: 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 BingX live order book, 14 min ago6.74 bp21.8 bp −$2254.1 bp −$541415.5 bp −$41.6K541.3 bp −$270.6K
Sell Aster no order-book sample
Aster: 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_THETAUSD−0.1007%1h0.2239+0.072%$82K$58K20xas long as short
Variational Omni THETA−0.0576%8h0.2233−0.192%$291K$74Kas long as short
BingX THETA-USDTlong−0.0050%8h0.2237long leg$2.4M
OKX THETA-USDT-SWAP−0.0043%8h0.2235−0.089%$664K$1.4M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.515%$208$25K5.5xas long as short
Aster THETAUSDTshort+0.0100%8h0.2238+0.060%$8K$3K5x
Binance THETAUSDT+0.0100%8h0.2237+0.017%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2236−0.058%$2.9M$2.1M75xas long as short
Gate THETA_USDT+0.0100%8h0.2236−0.045%$373K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2238+0.045%$1.4M$590K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.22370.000%$990K$122K50xas long as short
Bitget THETAUSDT+0.0100%8h0.22370.000%$1.3M$670K50xas long as short
BloFin THETA-USDT+0.0220%8h0.22370.000%$161K$187K75xas long as short