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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now 0.000%, 7d avg −0.021%
Together, before fees+0.036%+$4 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: KuCoin is 0.021% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THETAUSDT0.22550.0100pay 0.0100% / 8h6h 25m$1.3M$610K50x
ShortKuCoin THETAUSDTM0.22550.0100get 0.0100% / 8h6h 25m$1.2M$241K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → −0.021%
$2.06
Slippage, 4 orders
−$94.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$116.69
Costs to cover
1.187%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: 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 Bitget live order book, 1 min ago2.22 bp23.8 bp −$2458.4 bp −$584doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago2.22 bp27.5 bp −$2896.2 bp −$962doesn't fitdoesn't fit

THETA on 12 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
Variational Omni THETA−0.0332%8h0.2254−0.061%$294K$74Kas long as short
Injective THETA/USDC PERP+0.0033%1h0.2136−5.277%$208$25K5.5xas long as short
BingX THETA-USDT+0.0070%8h0.22550.000%$2.4Mas long as short
Aster THETAUSDT+0.0100%8h0.2254−0.043%$8K$3K5xas long as short
Binance THETAUSDT+0.0100%8h0.2254−0.031%$3.2M$4.8M75xas long as short
Bybit THETAUSDT+0.0100%8h0.2252−0.133%$3.0M$2.0M75xas long as short
OKX THETA-USDT-SWAP+0.0100%8h0.2253−0.089%$661K$1.3M20xas long as short
Gate THETA_USDT+0.0100%8h0.22550.000%$382K$122K50xas long as short
MEXC THETA_USDT+0.0100%8h0.2253−0.089%$1.4M$572K100xas long as short
KuCoin THETAUSDTMshort+0.0100%8h0.22550.000%$1.2M$241K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget THETAUSDTlong+0.0100%8h0.2255long leg$1.3M$610K50x
Kraken Futures PF_THETAUSD+0.0427%1h0.2256+0.031%$82K$55K20xas long as short