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

THETA

all THETA markets
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Alert: funding
Alert: spread
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 Bitget−0.178%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$930.930% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.178%, 7d avg −0.084%
Together, before fees+0.146%+$15 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: Bybit is 0.094% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THETAUSDT0.22410.0100pay 0.0100% / 8h1h 49m$1.3M$681K50x
ShortBybit THETAUSDT0.22370.0100get 0.0100% / 8h1h 49m$2.9M$2.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.178% → −0.084%
−$9.41
Slippage, 4 orders
−$69.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$102.4
Costs to cover
0.930%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 3 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 Bitget live order book, 2 min ago4.47 bp31.0 bp −$3188.8 bp −$888doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.24 bp20.4 bp −$2063.3 bp −$633doesn't fitdoesn't fit

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−0.1005%1h0.2242+0.063%$82K$58K20xas long as short
Variational Omni THETA−0.0703%8h0.2236−0.209%$292K$74Kas long as short
BingX THETA-USDT−0.0088%8h0.2239−0.089%$2.4Mas long as short
OKX THETA-USDT-SWAP−0.0086%8h0.2237−0.178%$657K$1.3M20xas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−4.685%$208$25K5.5xas long as short
Aster THETAUSDT+0.0100%8h0.2239−0.077%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2239−0.089%$3.2M$4.8M75xas long as short
Bybit THETAUSDTshort+0.0100%8h0.2237−0.178%$2.9M$2.0M75x
Gate THETA_USDT+0.0100%8h0.22410.000%$374K$139K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2239−0.089%$1.4M$583K100xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin THETAUSDTM+0.0100%8h0.22410.000%$991K$122K50xas long as short
Bitget THETAUSDTlong+0.0100%8h0.2241long leg$1.3M$681K50x
BloFin THETA-USDT+0.0220%8h0.2238−0.134%$161K$190K75xas long as short